US Covid-19 deaths continue to hit new pandemic lows, down 94% from their peak in January 2021. 🙏 https://t.co/kLVXxlgIXF
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Powell: “What we need to see is inflation coming down in a clear and convincing way, and we’re going to keep pushing until we see that. If that involves moving past broadly understood levels of ‘neutral,’ we won’t hesitate at all to do that.” https://t.co/E6e1329HhD
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Is the worst over? We are not quite as oversold as typical for major bottoms (on a trend-deviation basis). But for a valuation reset this decline seems adequate. The purple line shows how many standard deviations the S&P 500 is versus its 12-month average. https://t.co/OHXWkg9Oui
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Remember to take singles and lock in profits, singles add up over time!
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My current estimate: 88% of Americans have had covid-19 at some point, many during the last 6 months. Of the remaining 12%, 77% have been vaccinated w/ at least 1 dose. That means over 97% of Americans have some immunity to severe disease. This is how the pandemic ends.
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One of the clips from this morning's CNBC conversation with Andrew Ross Sorkin. https://t.co/KqcYK23zXi #economy #markets @CNBC @andrewrsorkin @SquawkCNBC
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The markets are closed 🔔 Here are the major indices right now 👇 ✧ S&P 500 △ 2.03% ✧ Nasdaq △ 2.52% ✧ Dow △ 1.26% ✧ IWM △ 3.01% https://t.co/NXHvaPK8Z4
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$VIX $4.4M Call 👀 Strike: 32.5 Expiration: 8/17 Big money flowing into VIX the past few days https://t.co/RXAne66Kmh
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The TerraUSD "stablecoin" has lost 90% of its value over the last week. $UST Charting via @ycharts https://t.co/q8PIAylj3Y
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Fixed income volatility continued today with the US market leading the yields of other advanced economies higher. Comes in the context of remarks by #Federal Reserve Chair #Powell at the @wsj event that were deemed more hawkish than his press conference. #economy #markets #bonds https://t.co/tWp6iNDGl3
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DOJ sues casino mogul Steve Wynn for failing to register as agent for China https://t.co/t3WXBmytHX
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Powell: 'Some pain' may be required to slow inflation https://t.co/Mbw37juSNt by @bcheungz https://t.co/YesRIMrAve
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If you continue to think what you've always thought, you'll continue to get what you've always got. https://t.co/6n7amq9GNa
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