Recession, 10% High Yield Spreads and a
Key Points 1½% Fed Funds Rate – Prelude to a Storm?
Tough it was that dawn to be an investor, but to be in Treasuries was very heaven…’ (after Wordsworth) ask act@liquidity.com for reports ! pic.twitter.com/7OK5qQfl0B— CrossBorder Capital (@crossbordercap) January 7, 2019
The spread between LIBOR and SHIBOR overnight rates shot up to its highest level since 2008!
Chinese economy falling apart, PBOC easing, Fed still tightening, but the yuan is appreciating? It doesn’t add up. pic.twitter.com/s79mf8OkkT
— Otavio (Tavi) Costa (@TaviCosta) January 7, 2019
The $NYSE and $NASDAQ are now overbought. $SPX pic.twitter.com/GpyotT7fqH
— Market Musings (@AndysCycles) January 8, 2019
THE ECONOMY IS DRIVEN BY CONSUMPTION
THE CONSUMER HAS NO SAVINGS
THE CONSUMER HAS TOO MUCH DEBT
INTEREST RATES ON DEBT ARE HIGHER
THE CONSUMER STOPS BORROWING
THE CONSUMER STOPS SPENDING
THE ECONOMY __________________
— OCCUPY WISDOM (@OccupyWisdom) January 8, 2019
Federal Tax Collections pic.twitter.com/EwpEnMHTC1
— Don Draper (@DonDraperClone) January 7, 2019
What is the #ISM #manufacturing orders index telling you about #job gains ahead? pic.twitter.com/iwdO8vUwGh
— Vimal Ramchandani (@vimalvr) January 7, 2019