It’s not tariffs that are tanking the economy.
It’s the sudden shut-off of deficit spending.
A huge number of companies were surviving only at the government teat.
— Uncle Milty’s Ghost (@his_eminence_j) March 14, 2025
Transports – new 52 week low. 👇🏼 pic.twitter.com/RC8B23NemV
— Kalani o Māui (@MauiBoyMacro) March 13, 2025
Institutional selling has rarely been greater:
Hedge funds sold global stocks at their fastest pace in 4 years on March 7th and 10th.
Not even the 2022 bear market recorded such a sharp reduction in exposure.
The majority of transactions were selling of long positions in… pic.twitter.com/InlAgKF6W3
— The Kobeissi Letter (@KobeissiLetter) March 13, 2025
