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“…historically the S&P 500 normally always only bottoms in a recession and usually not until mid-way through…” – DB pic.twitter.com/W5ZrX7W3v0
— Sam Ro 📈 (@SamRo) September 7, 2022
This year alone the S&P 500 has done the following:
January to early-March -12%
Early-March to end of March +11%
End of March to mid-June -20%
Mid-June to mid-August +17%
Mid-August to now -9%
— Ben Carlson (@awealthofcs) September 7, 2022
Sometimes, there’s a chart that just blows your hair back.
In 22 years of doing this, none stand out like this one.
Last week, institutional traders bought $8.1 billion worth of put options. They bought less than $1 billion in calls.
This is 3x more extreme than 2008. pic.twitter.com/paqtIFxogE
— SentimenTrader (@sentimentrader) September 7, 2022
U.S. gasoline prices have fallen now for 89 consecutive days, the longest streak of declines since 2015. pic.twitter.com/D4Ai4AyB8h
— Lisa Abramowicz (@lisaabramowicz1) September 12, 2022
GOLDMAN PLANS TO CUT SEVERAL HUNDRED JOBS STARTING THIS MONTH
— *Walter Bloomberg (@DeItaone) September 12, 2022
GOLDMAN PLANS TO CUT SEVERAL HUNDRED JOBS STARTING THIS MONTH
— *Walter Bloomberg (@DeItaone) September 12, 2022
Mortgage applications fell for a fourth consecutive week. We have only had 10 positive readings since the beginning of 2022. pic.twitter.com/8ahWlmgU1w
— Kathy Jones (@KathyJones) September 7, 2022
A new buyer’s monthly 30Y mortgage payment on an existing home (based on median price) with 20% down is back at a new high: $1,960 per month {ECAN} pic.twitter.com/dZfdNyVUKs
— Michael McDonough (@M_McDonough) September 7, 2022
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