U.S. IBD/TIPP Economic Optimism Index
They track views of near-term prospects for the U.S. economy and personal finances, along with support for economic policies pic.twitter.com/UyvFihUwgb
— Win Smart, CFA (@WinfieldSmart) October 4, 2023
Corporate bonds will be better investments than stocks for the foreseeable future, Howard Marks has said.
— unusual_whales (@unusual_whales) October 4, 2023
Credit Risk lives again in CDX Spreads pic.twitter.com/IpCeU3VD7u
— Win Smart, CFA (@WinfieldSmart) October 4, 2023
BONDS & INFLATION
EXPECTATIONS pic.twitter.com/Ao9xrulia0— Win Smart, CFA (@WinfieldSmart) October 4, 2023
Dollar đź’µ wrecking ball pic.twitter.com/feeWnrS6J7
— Win Smart, CFA (@WinfieldSmart) October 4, 2023
Credit Card Delinquency rates at small banks have reached 7.51%, the highest level ever recorded pic.twitter.com/tKZrfDfRjW
— Win Smart, CFA (@WinfieldSmart) October 3, 2023
$AAPL 🍎
Shocker pic.twitter.com/107aeczdya— Disruptor ⚡️ (@DisruptorStocks) October 4, 2023
$HYG Probably not a chart indicative of a Bull Mkt pic.twitter.com/V5c1JdEIYM
— Connor Bates (@ConnorJBates_) October 4, 2023
#recession … #GFC2 US #Housing Bubble 2.0 edition#RealEstate #Construction $XHB $ITB 📉 t.co/moL2S6zM8t pic.twitter.com/C0YgGuF1EX
— Invariant Perspective (@InvariantPersp1) October 4, 2023
FUN FACTS:
The 2008 panic crash began October 2nd
The 1929 panic crash began October 24th— Financelot (@FinanceLancelot) October 3, 2023
Billionaire Investor Gundlach Said Tuesday That a Severe Economic Downturn Is Becoming More Likely
Jeff Gundlach of DoubleLine Capital warns that rising bond yields indicate an imminent U.S. recession. He emphasized the rapidly de-inverting U.S. Treasury yield curve and stated that even a slight increase in the unemployment rate will trigger a recession alert. Historically, an inverted yield curve has foreshadowed every U.S. recession since 1969. Other Wall Street experts also foresee potential economic turmoil due to the bond-market shifts.
Financial Markets Are Breaking
Rising interest rates are destabilizing Wall Street’s outlook. The Federal Reserve’s previous low-rate stance is being upended, leading to significant financial market declines. Banks face major risks from increased government debt. As foreign investors and the Federal Reserve reduce their holdings in U.S. government bonds, fears of an impending recession intensify. Critics argue the Fed’s aggressive actions might necessitate policy reversals.