The runway for equities looks limited
Retail investor sentiment has cycled from extreme fear to euphoria in just 10 months pic.twitter.com/wCJiJux29B
— Bravos Research (@bravosresearch) July 27, 2023
Faceplant has round-tripped back to the level it was at when it imploded in 2022 when it pulled back on virtual reality.
Lost in the mass layoff euphoria is the fact that they expect losses for virtual reality will once again "meaningfully accelerate".https://t.co/73m9NgTzIs pic.twitter.com/jHGTb429sF
— Mac10 (@SuburbanDrone) July 27, 2023
— Don Johnson (@DonMiami3) July 27, 2023
The pandemic gave today's EconoDunces the belief that monetized deficits are "free money".
Wait until it all drains from the banking system before making that assumption. pic.twitter.com/LRESGMe1uz
— Mac10 (@SuburbanDrone) July 27, 2023
TIght monetary policy has made it harder for small businesses to access credit
This metric systematically rises leading up to recessions pic.twitter.com/EgoD3Ma3M6
— Bravos Research (@bravosresearch) July 27, 2023
Here we go again with the Idiocracy's "What recession?"
Net of deficit, we have -3% GDP. pic.twitter.com/etfbAQEtH3
— Mac10 (@SuburbanDrone) July 27, 2023