..104% tariff on China goes live and the trade war has gone full monty!
My god… 10yr 4.5% Yields going vertical.
https://x.com/Geiger_Capital/status/1909821667188081078
As I warned earlier, the Treasury market is crashing. The yield on the 10-year just hit 4.5%, and the yield on the 30-year just hit 5%. Without an emergency rate cut tomorrow morning and the announcement of a massive QE program, tomorrow could be a 1987-style stock market crash.
https://x.com/PeterSchiff/status/1909822222534955101
..base case is over. 4800 SPX is line in the sand, I expect it to be taken out tonight.
The JP Morgan bear case has the market heading all the way down to $SPX 4000
https://x.com/Mayhem4Markets/status/1909808127324602498
...meanwhile Trump is enjoying leaders kissing his ass, and plans for a $92mil military parade in his honour, Putin/Xi style.
Trump: "These countries are calling us up. Kissing my ass."
https://x.com/atrupar/status/1909764953780728060
..SPX last to join the bear parade.
Bulls just gave back another algo Disney rally.
https://x.com/SuburbanDrone/status/1909659813858144647
