— Sven Henrich (@NorthmanTrader) September 20, 2022
2Y US TREASURY YIELD HITS HIGHEST SINCE NOVEMBER 2007 AT 3.973%, 3 BPS A DAY
— *Walter Bloomberg (@DeItaone) September 20, 2022
How far will the Fed go? Expectations for the terminal rate have risen to 4.4%, after which the market anticipates five rate cuts, returning to what is likely considered the neutral rate (at least according to the Fed’s dot plot). But it’s a constantly moving target. pic.twitter.com/RM3KXxDbxd
— Jurrien Timmer (@TimmerFidelity) September 19, 2022
Time to take the elevator down.
The dead cat is over.
— HOZ (@MFHoz) September 19, 2022
US BUILDING PERMITS STABLE IN AUGUST, ANOTHER INDICATOR OF THE STATE AHEAD
S&P plotted US PMI corporate earnings trends against EPS % change over the past two quarters.
This is such an interesting chart because it clearly shows how important activity data (yellow) is to corporate earnings data (blue). pic.twitter.com/RZJ9Q6xE6N
— Ayesha Tariq, CFA (@ayeshatariq) September 20, 2022
JPMorgan, $JPMCEO Dimon: Rising bank capital requirements are becoming a major economic hazard.
— unusual_whales (@unusual_whales) September 20, 2022
What is the price right now:
+75 bp tomorrow;
+75 bp in November
+50 bp in December.
-> 4.49% in March pic.twitter.com/G28WSGnz3A
— zerohedge (@zerohedge) September 20, 2022
Our “overvalued minus undervalued” model (ie the ratio of stocks over 30 under under 10) is close to -2 standard deviations (again, at levels usually only seen at lows of the bear market). pic.twitter.com/ht1iGwatMu
— Longview Economics (@Lvieweconomics) September 20, 2022