...on the brink
https://x.com/kurtsaltrichter/status/1816227683182735452
The S&P 500 today ended a streak of 356 trading days going back to February 2023 without experiencing a one-day drop of 2% or more. This was the longest streak since we went 949 trading days from May 2003-February 2007 without one!
https://x.com/bespokeinvest/status/1816210101872779728
...recession on the cards. Markets will be in trouble
The steepening trade continues w/US 2s/30s yield spread jumps to 12bps, the highest since 2022.
https://x.com/Schuldensuehner/status/1816190746371973421
https://x.com/Convertbond/status/1816115843161297317
