@Vico_battista @MoonShotNews @IDKFA3 4/. Keep surprising to the positive side. Inflation reduction is on the right track. So frankly, unless someone explains what real unmanageable systemic risk economy is facing, I don’t buy this recession talk, inversion or not.
@Vico_battista @MoonShotNews @IDKFA3 1/n not sure if inversion of yield in 2005 has anything to do with the recession in 2009. The issue with this data is that, inversion, recession, bull and bear market happen in all cycles. It’s like saying bull market end in bear market. It is true but has no predictive value.
@Vico_battista @MoonShotNews @IDKFA3 3/n this is not true this time. Bonds are being sold across the board which means risk is off and there is no expectation of risky short term future (no flight to safety). Inversion has stayed longer because fed has not cut the rates yet. GDP and job market are both strong and…
@Vico_battista @MoonShotNews @IDKFA3 2/n the reason inversions are typically tied to recession is that fear will drive people to buy long dated bonds which pushes the longer date rates lower than shorter date ones and this creates issues with lending etc. it gets worse if the fed is raising rate at the same time.
As I tweeted this morning, it is time to call BS on this tech rally for the next 2-3 months.
The risk/reward really favors bears at /NQ 15850-900 zone
2000 point pullback in /NQ would only take us to levels about 6 weeks ago. Still within the longer term bullish trend
$QQQ
@MayfairLDN_@nevermi48722390@StealthQE4 She is just bad at her job. Got one lucky year of free money and sold herself as a genius. Take 2020/21 out and there is nothing to talk about ARKK