S&P 500’s real earnings yield has plunged to its lowest on record … at -2.3%, surpasses prior low of -2.1% in 1974 pic.twitter.com/542Zyqxpzy
— Liz Ann Sonders (@LizAnnSonders) November 11, 2021
The gap between 20-year and 30-year U.S. yields was the most inverted yesterday since the 20-year note's re-introduction. pic.twitter.com/g2zaRTv2By
— Lisa Abramowicz (@lisaabramowicz1) November 11, 2021
PARTS OF UNITED STATES SEEING INFLATION NEAR 8.0% pic.twitter.com/LArVhnSBX2
— The Kobeissi Letter (@KobeissiLetter) November 11, 2021
Using a ten-year period, the US core CPI index (level) is now running well above the 2% line (the Fed’s price target). pic.twitter.com/K2xczzMTO2
— (((The Daily Shot))) (@SoberLook) November 11, 2021
Japan, the land of no inflation, except now, said its October PPI jumped 1.2% in the month, 3 times what was expected and is up 8% y/o/y. Go back to January 1981 the last time that happened. pic.twitter.com/WMIA9SoYWR
— Peter Boockvar (@pboockvar) November 11, 2021
Rebound for w-b: (1) as laid out earlier, SPX hit the black trendline and bounced back. (2) given the overall structure, 4618 is the minimum for this leg; so the current bounce is a w-b, with w-c, the deeper and final decline to come later. (3) would short it if it gets to 4680.
Chinese Property Stocks Soar Most In 6 Years Amid Sudden Reversal In Bearish Sentiment, Massive Short Squeeze https://t.co/kg3Xnz5DLt
— zerohedge (@zerohedge) November 11, 2021
Elon Musk offloaded $5bn of #Tesla stock near peak. Some of the transactions were arranged prior to the Twitter poll, BBG reports. pic.twitter.com/TlP3KLr2Tz
— Holger Zschaepitz (@Schuldensuehner) November 11, 2021
The late high, just pushed the possible Low as far as Dec 8th, but from the Aug 25, 1987 High we dropped 3 days, bounced 1 day and dropped another 5 days. This would mean a rebound tomorrow and a final Low on Nov 18th. pic.twitter.com/kPkEGVAeCZ
— Francis Bussiere (@AstroCycle_Net) November 11, 2021
Over the past year:
— Ben Carlson (@awealthofcs) November 10, 2021
Inflation +6.2%
S&P 500 +32.6%
Gold -1.1%
Bonds -0.6%
Bonds were a better hedge in a rising inflation environment than gold
WTF pic.twitter.com/KjUvUSDS8W
The #silver market is leading gold now.
— Wall Street Silver (@WallStreetSilv) November 11, 2021
Looks clean up until $26 to $26.50 zone.
Do we get there? Or do they tamp it down later today? pic.twitter.com/c7OhFAsvTn