Why selling is not done.
When I said last year 10Y above 4.7% can cause 20% equity sell-off, I didn't know the reason/narrative, but now I do.
Fiscal over Fed. The market, and sadly voters, do not see it yet. https://t.co/pHtryKyiGx
— Samantha LaDuc (@SamanthaLaDuc) October 20, 2023
If Biden can cancel some student debt, he can cancel all of it, per MSNBC.
— unusual_whales (@unusual_whales) October 20, 2023
Someone is dumping treasuries. https://t.co/WrwZQvP9vt
— Financelot (@FinanceLancelot) October 20, 2023
No bueno pic.twitter.com/sn9zCgpbXo
— Alessio (@AlessioTMAD) October 20, 2023
Eggs have jumped 49% in the past year, per CNBC.
— unusual_whales (@unusual_whales) October 20, 2023
Feeding my family in a high interest rate environment pic.twitter.com/13155Sh3UF
— Ramp Capital (@RampCapitalLLC) October 20, 2023
Sales of previously owned houses, condos, and co-ops crashed to a seasonally adjusted annual rate of 3.96 million homes in September, the lowest since the depth of the housing bust in 2010 …
Everything is fine … 🔥🔥🔥 pic.twitter.com/3sJsXOIu85
— Wall Street Mav (@WallStreetMav) October 20, 2023