BREAKING 📢 Michael Burry says:
"The biggest financial crisis we've seen since 2008 will hit Wall Street next year, that’s why i sold 99% of my stocks"
😨 A shocking chart shared by Mike Zaccardi, CFA, CMT, MBA on X
➡️ Credit markets are currently pricing 6 notches of downgrades for US sovereign credit rating ‼️ "Using credit default swaps pricing as an input, S&P Global's Capital IQ model puts the U.S. sovereign credit rating 6 notches lower than its current grade - all the way down to BBB+ - barely clinging to investment grade status, never mind AAA." Source: @dailychartbook, Mike Dolan - Reuter
Bitcoin is testing key resistance level
Will it break through the glass ceiling? $BTC Source: Trend Spider
A huge dichotomy between CEO confidence (red line) which is probably at or near all-time low and the Nasdaq 100 (green line) which is near an all-time high...
Source: www.zerohedge.com
Is the world's 3rd largest bond market imploding?
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Why you need to invest, in one chart...
Source: Charlie Bilello
The Federal Reserve has now lost a combined $192 Billion over the last 2 years
Source: Barchart, Wolfstreet.com
‼️ Let's be realistic.
Trump 2.0 and the next administrations are never going to become fiscally responsible by cutting spending at the risk of sending the economy into a recession. 🎯 They have no other choice than devaluing the real value of your bonds. Consequence is loss of purchasing power / money debasement for those stuck in cash and bonds. What are the options available to investors / savers? 1) Spend their money now 2) Invest into high quality stocks because they’re the ones receiving all this excess spending 3) Accumulate store of values
