“Despite US economic activity sharply contracting, the market has been moving higher
This is not the time to FOMO”
Despite US economic activity sharply contracting, the market has been moving higher
This is not the time to FOMO pic.twitter.com/LymLphScDd
— Game of Trades (@GameofTrades_) July 5, 2023
“The labor market has begun weakening
Jobless claims has been trending higher
Similar to instances that preceded recessions”
The labor market has begun weakening
Jobless claims has been trending higher
Similar to instances that preceded recessions pic.twitter.com/6f8WQUrPo5
— Game of Trades (@GameofTrades_) July 5, 2023
There's only 8 companies holding up the entire market.
This level of market concentration has never been see before & it's getting worse. We're now at the point where these companies are "too big to fail" & will need to be bailed out by the government to save the market. pic.twitter.com/BAb1dNW8CX
— Financelot (@FinanceLancelot) July 5, 2023
Higher unemployment rate = Lower spending
Markets show the worst returns in the first 3 months of a rising unemployment rate pic.twitter.com/KS5Unjk4eS
— Game of Trades (@GameofTrades_) July 5, 2023
GDP and GDI should be the same, but they are telling different stories.
Peter explains how we are already likely in a recession and how bad it is.
— Wall Street Silver (@WallStreetSilv) July 5, 2023
The US is headed for a more serious recession than Powell has predicted, Evercore founder, Roger Altman, has said.
The US is headed for a more serious recession than Powell has predicted, Evercore founder, Roger Altman, has said.
— unusual_whales (@unusual_whales) July 5, 2023
$NQ and $ES will sell-off hard the coming trading days.
— HOZ (@MFHoz) July 5, 2023
The closer we get to the 2024 Presidential election, the more the economy is slip slidin’ away.
As Powell and The Gang raise interest rates, the more the economy is … slip slidin’ away. US Manufacturers New Orders YoY in May declined -1.0% for the first time since Covid.
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