This chart shows how quickly the equity risk premium decreased since the Great Recession and how the stock market went up.

On October 1, 2018, the Equity Risk Premium = 0.0% just before the market crash. It wasn't a coincidence at all.

Learn more https://t.co/ZrpyqM1YJ4 pic.twitter.com/yKSzosVwT2

— ISABELNET (@ISABELNET_SA) May 6, 2019

Et pendant ce temps-là, l'indice PMI des services en France a chuté à 44,5 en février. Il s'agit de la plus forte contraction depuis septembre 2023. Les nouvelles affaires ont connu une chute spectaculaire, enregistrant l'une des plus fortes baisses en cinq ans … pic.twitter.com/AF77mpd3jW

— John Plassard (@JohnPlassard) February 21, 2025

At 4.0%(!) #inflation in Japan is higher than in
– the US (3.0%)
– the UK (3.7%)
– the Eurozone (2.5%)
– China (0.5%)
Yet, the policy rate of the Bank of Japan stands at 0.5%.
Why is that, do you think? pic.twitter.com/n4gNUWIEdB

— jeroen blokland (@jsblokland) February 21, 2025

BREAKING: Japan’s inflation rate rises to 4.0%, its highest since January 2023. pic.twitter.com/9ylW3tHYx2

— The Kobeissi Letter (@KobeissiLetter) February 20, 2025

It just won't stop: another 331K oz delivered to comex vaults, bringing the total to 38.3MM, just shy of the post-covid record high. At some point soon there will be a failure to deliver default. pic.twitter.com/U3RNBWtDtI

— zerohedge (@zerohedge) February 21, 2025

🚨Institutional investors are rapidly SELLING US stocks:

Hedge funds sold US technology sector stocks last week at the one of the fastest rates over the last 5 years.

Professionals have also been heavily selling consumer discretionary and consumer services sector. pic.twitter.com/qFiFv1sipN

— Global Markets Investor (@GlobalMktObserv) February 20, 2025

BREAKING: Foreign holdings of US Treasuries dropped $49.7 billion in December, the biggest drop since March 2021.

This was the second consecutive month of selling after ~$30.0 billion in November.

The world's largest foreign holders of US federal debt continued to reduce the… pic.twitter.com/GWOqGpFA5c

— The Kobeissi Letter (@KobeissiLetter) February 20, 2025