Not bullish. pic.twitter.com/hIk8KssK6Q
— Mike Shell (@MikeWShell) June 8, 2023
Market crash confirmed. https://t.co/CTX1tFP9zE pic.twitter.com/hYZcWgnv5F
— Financelot (@FinanceLancelot) June 7, 2023
The $VIX ended the day at 13.94, its lowest close since February 2020 (start of the pandemic). pic.twitter.com/Ggf0ngz4Ns
— Charlie Bilello (@charliebilello) June 7, 2023
Bank of Canada unpaused: +25bps to highest rate since 2001, similarly the RBA surprised with another +25bps — such a crazy hiking cycle… normally central banks are only going this far this fast when they are panic-cutting in response to recession/crisis pic.twitter.com/M9LO3b7pIG
— Callum Thomas (@Callum_Thomas) June 8, 2023
First the Reserve Bank of Australia, and now the Bank of Canada….there's a stealth move toward central banks raising rates more than analysts expected. https://t.co/HQY1etUoVW.
— Lisa Abramowicz (@lisaabramowicz1) June 7, 2023
Brace! pic.twitter.com/5VjLb5LpDP
— The Great Martis (@great_martis) June 8, 2023
🔵 U.S. stock index futures were largely flat on Thursday as government bond yields hovered near recent highs on worries that major central banks could keep raising interest rates.
Full Story → https://t.co/CIPtDTiUUr pic.twitter.com/ldIgrMxgo8
— PiQ (@PriapusIQ) June 8, 2023
Global electronics manufacturing PMI remains in recessionary territory… still room for debate over hard vs soft landing (but this sure does look like a "landing" one way or the other) pic.twitter.com/GEEThsOgLH
— Callum Thomas (@Callum_Thomas) June 7, 2023
Monthly chart
76 inevitable . pic.twitter.com/YUcWQ1fT5i
— The Great Martis (@great_martis) June 8, 2023
BREAKING: New home buyers are facing the least affordable market ever, data from the Mortgage Bankers Association shows.
— unusual_whales (@unusual_whales) June 8, 2023