DUDE
We are super close to implosion. Two rosy “strong/resilient” months then complete free fall IMO. Same playbook every cycle. They declare recession is averted then MORE complacency occurs before the rug is pulled out beneath them
Those $GME swaps👀💥https://t.co/mq52SLvnLB pic.twitter.com/W6Xo0tDEIE— 🏴☠️Fidel Cashflow🇺🇸 (@fullfieldflicks) December 19, 2024
YOU. CANNOT. MAKE. THIS UP.
Yesterday was October 31st 2007.
Fed is conducting its largest Policy Error ever!
This FOMC statement was given in the first month of Q4 2007, which saw a 1.6% DECLINE in GDP.
So the 200 Fed Economists cannot be wrong??
They are ALL the time! pic.twitter.com/4Q3iZw4F3f
— Henrik Zeberg (@HenrikZeberg) December 19, 2024
Shoeshine boys who said “markets will never crash again” were served their first appetizer today.
I wonder how it tasted? https://t.co/DoLK63EFPS
— Financelot (@FinanceLancelot) December 19, 2024
Building permits falling below 1.4 million is generally associated with recessions.
Will the Fed easing cycle be enough to stabilize the housing pipeline? pic.twitter.com/gPlaQv7VYw
— Eric Basmajian (@EPBResearch) December 18, 2024
Powell also said inflation was transitory.
For two years.
— Uncle Milty’s Ghost (@his_eminence_j) December 18, 2024
What today means. 🚧
1. The deteriorating market internals finally showed its hand.
2. These ‘sudden’ events happen during major topping processes like in April 2000, Feb 2008, Aug 2015, Feb 2020, Jan 2022 & now today.
3. A ‘snapback’ rally is likely but today’s low will get… pic.twitter.com/lI8CZDbAMf— John (@market_sleuth) December 18, 2024