Inflation topping out will not be as bullish as bulls hoped for. It is just means demand destruction and recession.
The market will realize this soon. Waterfall sell-off follows when inflation tops. pic.twitter.com/O8xiIyAquh
— HOZ (@MFHoz) June 26, 2022
One of the best contrarian indicator out there – Goldman Sachs. Trying to create bagholders to buy their junk per usual.
— Stonk Matrix (@BP_Rising) June 25, 2022
People are massively underestimating how much of a deflationary force housing is about to become.
— Michael A. Gayed, CFA (@leadlagreport) June 26, 2022
A recession is coming, you can bank on it
The average bear market since 1980 has had 3 relief rallies of 10%+.
No bear market since the $VIX was created has bottomed with $VIX under 45.
We have barely had 2 relief rallies of 10% or more and $VIX has yet to even cross 40.
A bet on a bottom now is a bet against history.
— The Kobeissi Letter (@KobeissiLetter) June 25, 2022
Only 18% of Americans plan to increase their stock market investments this year, CNBC reports.
Are you one of them?
— unusual_whales (@unusual_whales) June 26, 2022
“The economy is going to collapse,” says Mike Novogratz.
Do you agree?
— unusual_whales (@unusual_whales) June 26, 2022
This is far worse than 2008. The banks are in serious trouble holding this much inventory on their books.
When someone who makes their living selling cars tells you not to buy, something big is coming.t.co/DsnQvxeYOY
— Financelot (@FinanceLancelot) June 26, 2022
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