This is the most ruthless bear market rally since 1929.
— HOZ (@MFHoz) June 19, 2023
Why hold back?
When you aim to eliminate rats from your house, you do it decisively and thoroughly, with no room for pauses or oversights.
It's clear to me that certain regional banks are on the brink, only a couple of small interest rate increases away from collapse. t.co/vhsQ7B1DbX
— HOZ (@MFHoz) June 16, 2023
Small-caps have been underperforming large-caps for nearly 10 years looking at this relative strength chart, but prior to that we saw small-caps outperform over the prior 10-12 years. Think we’re due for another small-cap outperformance cycle? pic.twitter.com/3jYF1YPLOE
— Bespoke (@bespokeinvest) June 19, 2023
🚩🚩 UK 2-YEAR GILT YIELDS RISE TO 5% FOR FIRST TIME SINCE 2008, UP 7 BASIS POINTS ON DAY
**UK INTEREST RATE SWAPS SHOW GREATER THAN 50% CHANCE OF BOE RATES REACHING 6% BY FEB 2024 pic.twitter.com/6N7y3aRLaZ
— PiQ (@PriapusIQ) June 19, 2023