'Record numbers of US executives are selling shares in their companies. The ratio of insider sales-to-insider buys has hit a record high for any quarter in two decades.' https://t.co/w74DWELBIA pic.twitter.com/xBxVbrlRcK
— Jesse Felder (@jessefelder) November 19, 2024
This chart tells a story that no one wants to think about...
— Elliott Wave International (@elliottwaveintl) November 19, 2024
The visual speaks for itself, yet please know this: Equity mutual fund managers are "All In" on the stock market. They effectively have zero liquidity left to invest. They have zero buffer against a bear market. The… pic.twitter.com/r8XRWD6qsQ
Economists continue to lower their 2025 growth estimates for Germany, with further downgrades to industrial production forecasts. pic.twitter.com/BTMTP12WFq
— (((The Daily Shot))) (@SoberLook) November 19, 2024
ECB WARNS ABOUT BUBBLE IN AI STOCKS AND LOW CASH BUFFERS AT FUNDS.
— FinancialJuice (@financialjuice) November 20, 2024
It took over 200 years for the U.S. debt to reach $12 trillion.
— The Rabbit Hole (@TheRabbitHole84) November 18, 2024
$12 trillion is how much we added in 4 years between 2020 and 2024. pic.twitter.com/eiX4Rn0Uqc
BREAKING 🚨: Car Buyers
— Barchart (@Barchart) November 20, 2024
Auto Loan Delinquency Rate hits highest level in 14 years 🚨 pic.twitter.com/CmVtr2xEVp
BREAKING 🚨: U.S. Consumers
— Barchart (@Barchart) November 19, 2024
U.S. credit applications for mortgages and auto loans are being rejected at the highest rate in more than a decade pic.twitter.com/xb6A1i8POb
BREAKING: 20% of US small businesses have seen sales drop over the last 3 months, the most since the 2020 pandemic.
— The Kobeissi Letter (@KobeissiLetter) November 18, 2024
This is a worse reading than during the 2001 and 1991 recessions, according to NFIB data.
This is also the 29th consecutive month of declining sales, the longest… pic.twitter.com/UXKBCKPokv
⚠️US CAR MARKET BUBBLE IS BURSTING⚠️
— Global Markets Investor (@GlobalMktObserv) November 19, 2024
Subprime auto loan 60+ day delinquencies spiked to ~6%, the highest on record.
Serious delinquencies have DOUBLED over the last 3 years.
They are now way above the 2008 Financial Crisis levels and the previous peak seen in the 1990s. pic.twitter.com/a8oe61Klqk
What is happening in China?
— The Kobeissi Letter (@KobeissiLetter) November 18, 2024
China's consumer confidence index dropped to 86 points in August, near the lowest in 30 years.
Over the last 3 years, consumer confidence in China is down ~ 50 points.
Such a drop in consumer assessment of the Chinese economy has almost never been… pic.twitter.com/8H3wxJlsP8
GS: The biggest 10 US stocks account for over 20% of the entire value of the global index pic.twitter.com/dIrG0qMysB
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) November 18, 2024
GS: The biggest 10 US stocks account for over 20% of the entire value of the global index pic.twitter.com/dIrG0qMysB
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi) November 18, 2024
Admin growth has far exceeded physician growth. pic.twitter.com/UXmuLI7aC9
— The Rabbit Hole (@TheRabbitHole84) November 17, 2024
I guess we're *still* doing this thing where we try to say that printing 40% of the national debt in 4 years didn't cause inflation....
— Cullen Roche (@cullenroche) November 17, 2024
Let me lay this one out very plainly once and for all.
Step 1: The red line: Govt prints $10 trillion.
Step 2: The white line: Personal… https://t.co/WnYAxwsqFc pic.twitter.com/pv6AibnFLX
"It is one of the great tragedies of the US, that most learn most of what they know about the government from the government." - James Bovard
— An-Cap Quotes (@ancapquotes) November 17, 2024
An important observation:
— Otavio (Tavi) Costa (@TaviCosta) November 16, 2024
The CAPE ratio currently is at 38.1x, just below the 38.3 peak reached during the 2021 market high.
At that time, the 10-year yield was 1.5%.
Today, it has risen to 4.4%.
It's worth noting that we are now significantly above the 1929 peak levels… pic.twitter.com/HTjBa6duh5
YOU CAN'T MAKE THIS UP:
— Global Markets Investor (@GlobalMktObserv) November 15, 2024
US industrial production data has been revised DOWNWARD in 9 out of the last 10 months.
Nonfarm payrolls data has been revised DOWN in 7 out of the last 9 months.
Job openings have been REVISED DOWN in 15 out of the last 20 months, the most in 15 YEARS. pic.twitter.com/wtXfeBl1E4
JUST IN 🚨: U.S. National Debt hits new all-time high of $36 Trillion pic.twitter.com/MJ9LzWxFn5
— Barchart (@Barchart) November 15, 2024
#President #Trump is walking into an #economy and #market that has a vastly different setup than when elected in 2016. @thedailyshot pic.twitter.com/68pE7ppc49
— Lance Roberts (@LanceRoberts) November 15, 2024
'There was an especially strong post-election bounce in November 1980. But the celebration of Reagan's victory didn't last long and stocks fell into a long grinding bear market during all of 1981 and into the summer of 1982.' https://t.co/2Bzjb8O9zY by @McClellanOsc pic.twitter.com/g3gMesErwf
— Jesse Felder (@jessefelder) November 15, 2024
I'm not the only person pointing out that S&P earnings growth has been focused on forward eps hope and not trailing eps reality. This leaves the market on nosebleed valuations extremely vulnerable to any cyclical downturn.
— Albert Edwards (@albertedwards99) November 15, 2024
H/T BCA via @dailychartbook pic.twitter.com/V5wegu31uC
'US stocks' outperformance relative to the rest of the world has reached extreme levels.' https://t.co/pPhUaMhOEB via @SoberLook pic.twitter.com/Ujb3srKVsm
— Jesse Felder (@jessefelder) November 15, 2024
The percentage of #credit #card debt that is 90+ days #delinquent reached the highest level in over a decade. pic.twitter.com/e9zj5GM1BV
— Lance Roberts (@LanceRoberts) November 14, 2024
Apparel prices collapsed by -1.7% unadjusted in October and cut -5bps from the core CPI. That is the largest drop in any October since '21. That is 1921, not 2021. On a SA basis, biggest fall since May'20. Excl Apr/May20, 3rd biggest SA MoM drop since 1992. pic.twitter.com/Nvd84cghII
— Omair Sharif (@fcastofthemonth) November 13, 2024
BREAKING: Just 24% of homebuyers are currently first-time buyers, the lowest in at least 45 years.
— The Kobeissi Letter (@KobeissiLetter) November 12, 2024
This percentage has more than HALVED since 2010, according to the National Association of Realtors.
To put this into perspective, before the 2008 Financial Crisis, the average was… pic.twitter.com/9UTeZ3y8bT
Medical journals paid reviewers:
— NZDSOS - NZ Doctors Speaking Out with Science (@nzdsos) November 13, 2024
"The pharmaceutical industry paid $1.06 billion to reviewers at top medical journals between 2020 and 2022, according to a research letter published last week in the Journal of the American Medical Association (JAMA).
Payments to peer reviewers… pic.twitter.com/38HfpIpzhi
S&P 600 rallied sharply last week, but forward EPS estimates fell to their lowest since the end of September pic.twitter.com/SnXQgxdXXw
— Kevin Gordon (@KevRGordon) November 11, 2024
#President #Trump is walking into an #economy and #market that has a vastly different setup than when elected in 2016. @thedailyshot pic.twitter.com/68pE7ppc49
— Lance Roberts (@LanceRoberts) November 15, 2024
Tech Stocks have seen an outflow of more than $4 Billion over the last 4 weeks, the largest outflow in history (data started in 2002) 🚨 Rug Pull incoming? pic.twitter.com/lmTzT6Tc0f
— Barchart (@Barchart) November 9, 2024
The rolling 12-month average of AAII’s bull/bear sentiment spread is at its highest level since 2005 before the Financial Crisis. It has taken this long for individual investors to fully “believe” in the stock market again. pic.twitter.com/vEDYu5v8eh
— Bespoke (@bespokeinvest) November 16, 2024
Concerning Stuff; November 2024https://t.co/6u2ErFZC2D
— George Hartzman (@antzmrah) November 4, 2024
Hat Tips;@KobeissiLetter@zerohedge@Barchart@porterstansb@SoberLook@Marlin_Capital@FinanceLancelot@APompliano@AndreasSteno@McClellanOsc@Malone_Wealth@PeterBerezinBCA@wolfofwolfst@MikeZaccardi@TaviCosta…
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