RowPuzzleheaded3590
RowPuzzleheaded3590 t1_j6pi8w9 wrote
Reply to comment by chicagotim1 in For all the folks who think a recession isn’t coming because of temporary rallies based on last year’s data: by KuntFuckula
It’s called the steepening and usually follows 3-6 months after inversions
RowPuzzleheaded3590 t1_j6phxet wrote
Reply to comment by MicroBadger_ in For all the folks who think a recession isn’t coming because of temporary rallies based on last year’s data: by KuntFuckula
AUC proves you wrong though. And this has a massive AUC brewing
RowPuzzleheaded3590 t1_j6or7oi wrote
Reply to comment by Dothemath2 in Hedge funds and institutional investors are holding a record net short position against US Treasuries (CFTC data) by Infamous_Sympathy_91
Yes. And there’s several models that suggest recession is either happening or imminent.
But the fed is still hiking to cause unemployment so they can rug pull the economy and the rich can buy everything up, then drop rates for the wealthy to refinance the debt cheaper. And so US gov doesn’t have high treasury interest rates
RowPuzzleheaded3590 t1_j6k5sh4 wrote
Reply to comment by dbgtboi in 50 Basis Point Hike - This Wednesday - Write it down by MogamboKushhua468
The expected terminal rate has been trending higher, and they listed 5%+ as their last target.
RowPuzzleheaded3590 t1_jdpilas wrote
Reply to Earnings recession on the way: 2023 SPX bottoms up EPS ests - financials expected to grow 21% 🤡 (source: modestproposal1 on Twitter) by ListerineInMyPeehole
Rate increases usually dramatically improve bank finances. They are going belly up right now because they were forced to take on low interest treasuries at suppressed rates for a decade then the fed clicked an undo button in record speed before they could rebalance and unwind.