this Meta seller better know something....
12
278
The real concern is self-fulfilling inflation — inflation not driven by demand exceeding supply, but simply everyone raising wages and prices because they expect others to be raising wages and prices 2/
51
234
As of Friday, the S&P 500 was trading more than 25% below its consensus analyst price target, one of the widest divergences on record: @bespokeinvest The S&P's price target has only fallen 5.4% from its high, meaning analysts haven't started lowering price targets much at all
20
135
While prices are rising, existing home sales are plummeting, down 9% year-over-year and at their lowest levels since June 2020. Charting via @ycharts https://t.co/7igZfAcgEF
16
111
Nice to see the recession is over today.
8
72
The point is that it matters a lot whether we're just overheated, needing a cooling off of demand and a modest rise in unemployment, or we need years of punishment until morale improves — sorry, until expected inflation comes down 7/
22
127
Here's the breakdown in existing home sales by price range. Lower priced home sales are getting hit hard as inflation/rising mortgage rates have a much bigger impact on demand from lower income buyers. Downturn in higher end market comes next. https://t.co/8UP5KCLZdg https://t.co/K2u2z7UN1p
14
82
U.S. #refinery capacity totaled 17.9 million barrels per calendar day at the start of 2022, down from 18.1 million barrels per calendar day at the start of 2021. https://t.co/gVMf4DhRHU https://t.co/muG5Bku8XG
17
47
Stock market set for worst half-year performance since 1932. Recession threat will dictate 2nd half: Deutsche Bank https://t.co/pRaUenr2Dr
19
28
The ur-reference here is the 1968 Phelps paper on inflation — actually a better model although much worse writing than the famous Milton Friedman analysis — about how expectations could get "built in" 3/ https://t.co/Im9M7k3gQm
14
111
The only other period since 1990 that Energy underperformed the S&P 500 by a wider margin in a 5-day span was during the COVID crash. https://t.co/Gr42e6fqIZ https://t.co/pdVhT6aGi8
10
36
WOW $DTIL are such unethical scumbags, doing an offering literally just minutes after their deal with $NVS is announced. Always count on these shady companies to do their investors dirty, expect the worst and you'll never be disappointed...shame, shame, shame, shame! #staywoke
7
28
Last 20 minutes gonna get wild IMO on market
3
29
So far we don't seem to be in that situation. Much hyperventilating about a rise in the Michigan number for long-term inflation expectations, but that was one month's number — not matched by NY Fed survey, which also shows modest wage expectations 6/ https://t.co/Gi2JTVOCTT
16
99