by BoatSurfer600
Resiliance of #WallStreet and #SPX (orange line) over previous couple weeks could have rather a lot to do with extra #Fed #liquidity … latest small rebound (purple line)! (Can not final!!) @johnauthers @rbrtrmstrng pic.twitter.com/8oOlOSERbg
— CrossBorder Capital (@crossbordercap) July 21, 2022
We ought to be declaring an financial emergency — not a local weather emergency.
— Sen. Marsha Blackburn (@MarshaBlackburn) July 20, 2022
Bear market reduction rallies are meant to make you assume the underside is in.
Your entire level of a reduction rally is to lure extra bulls and arrange for the following leg decrease.
We stay in a long run downtrend proper now.
Bears should present up into August to maintain the bear market alive.
— The Kobeissi Letter (@KobeissiLetter) July 20, 2022
#ECB assembly will concentrate on fee hike and anti-fragmentation device. However there may be one other threat at the very least as harmful. Charges market liquidity is as tight as throughout GFC. 10y swap unfold even at all-time excessive. Flight to high quality, collateral squeeze, counterparty threat – not a reasonably combine. pic.twitter.com/Xv6ENbsfWh
— Patrick Krizan 🇺🇦 (@PatrickKrizan) July 21, 2022
Miami space residence gross sales have been launched at this time.
Gross sales down 27.4% year-over-year
Gross sales in June 2022: 9,814
Gross sales in June 2021: 13,523— Invoice McBride (@calculatedrisk) July 20, 2022
Whales not shopping for this transfer both.
Darkish swimming pools present heavy promoting. pic.twitter.com/i98kemGl75
— HOZ (@MFHoz) July 20, 2022
That is about as recession because it will get: gasoline use economy-wide has fallen now for greater than a month. The primary two weeks in July have been lower than the identical weeks in…2020. Bear in mind summer season 2020? Largely locked down. Few jobs. Barely recovering.
And we’re utilizing much less fuel now. pic.twitter.com/wg5V8M0oqo
— Jeffrey P. Snider (@JeffSnider_AIP) July 20, 2022
NY Fed survey: greater than half of American customers say their family monetary situation has worsened within the final 12 months, and almost half count on it to worsen within the coming 12 months.
— unusual_whales (@unusual_whales) July 21, 2022
Do you know?
In 2008-09 $SPY had a complete of 5 bear market rallies earlier than discovering a backside
The typical rally went up +17.9% and took 4 weeks to finish
The 2008-09 bear market (from all time highs to backside) lasted 1 12 months and 4 months with a complete drop of -57.4% pic.twitter.com/vQy0a7bU7n
— Bracco⚡️ (@Braczyy) July 20, 2022
U.S INITIAL JOBLESS CLAIMS ACTUAL: 251K VS 244K PREVIOUS; EST 240K
U.S CONTINUING JOBLESS CLAIMS ACTUAL: 1384K VS 1331K PREVIOUS; EST 1340K
U.S PHILADELPHIA FED MANUFACTURING INDEX (JUL) ACTUAL: -12.3 VS -3.3 PREVIOUS; EST 0.8
— First Squawk (@FirstSquawk) July 21, 2022
*Philadelphia Fed Jul Enterprise Index -12.3 Vs Jun -3.3
— CtheLightTrading (@canuck2usa) July 21, 2022