Huge wage demands from unions and other effects from Fed policy are tipping more companies into bankruptcy.
— Wall Street Silver (@WallStreetSilv) August 8, 2023
#Bonds are starting to look bad… US Treasury term premia (black) are breaking higher and pushing 10y yields up (orange). This isn't good for #liquidity which uses a lot of collateral pic.twitter.com/7RkuYWcNLo
— CrossBorder Capital (@crossbordercap) August 8, 2023
However, post-Pandemic excess savings have been drying up quickly
At the current rate, consumer savings are set to run out by Sept 2023
This is when the consumers will likely weaken pic.twitter.com/uJqLmHoHp7
— Game of Trades (@GameofTrades_) August 8, 2023
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