The biggest risk that today's pundits are universally ignoring is the fact that unlike during the pandemic, all of these central banks are now totally uncoordinated in their actions – some pausing, some tightening, some easing.
Which will make this a TOTAL CLUSTERFUCK. pic.twitter.com/JDo7PGE1NF
— Mac10 (@SuburbanDrone) August 16, 2023
Global tightening, debt, tech bubbles, housing bubbles, bank runs, China crash.
I updated my profile to include all of the risks:
RISKS: Global tighten, sky-rocketing debt, Tech bubble, housing bubble, bank run, China crash, Yen carry trade, profit decline, extreme speculation.
Anarchy.
In case some denialists come here by accident. pic.twitter.com/8DDT9w83jG
— Mac10 (@SuburbanDrone) August 16, 2023
AI-linked stocks have reached a trailing P/E of 50, reminiscent of the Dot Com bubble era
Investors who buy stocks at high prices are more likely to lose money if the company does not meet revenue expectations
This is a real risk in today's investment climate pic.twitter.com/m8ovkEBMUU
— Bravos Research (@bravosresearch) August 16, 2023
Alarming Housing Numbers:
– 8.2% of U.S. homes valued at $1 million, double from January 2020
– 30-year mortgage interest rate at +7.5%, the highest since 2000
– $5,600 is the average monthly rent in Manhattan, NYC
Who can afford this?— Genevieve Roch-Decter, CFA (@GRDecter) August 16, 2023
The Fed printed $6 trillion during Covid. So far they have only reduced money supply by $1 trillion.
How much more can we taper this Ponzi?
— Wall Street Mav (@WallStreetMav) August 16, 2023