Most Volatile Years in Stock Market History (updated):
184 days into 2020 (x-axis), Stocks have moved >1% for a massive 87 days (y-axis).
Bad Seasonality now makes it even worse.
Few years ever reached such intense Volatility – ALL remained violent to the end. Stay nimble. pic.twitter.com/6Qa3FTSQh1
— Macro Charts (@MacroCharts) September 24, 2020
For the 1st time since April, more than half of gold miners are in a bear market.
Since 2019, when this hit 50%, the pullback in $GDX was near its end. If miners are going to flip back into a sustained bear market, then we'll see this figure consistently hang above 50%. pic.twitter.com/0oXvu3Wwat
— SentimenTrader (@sentimentrader) September 24, 2020
Anchored nominal yields contribute to everything correcting together, including gold & bitcoin. Higher breakeven inflation vs real yield correlation (i.e. anchored nominal) amplifies cross-asset correlations, essentially making everything a bet on higher inflation expectations. pic.twitter.com/OxZMKYy1Em
— Sebastian Dypbukt Källman (@sdypbuktkallman) September 24, 2020
Breakevens continue their slide. Real rates continues to rise. pic.twitter.com/0P2vJaGmTE
— Joe Weisenthal (@TheStalwart) September 24, 2020
— Jesse Felder (@jessefelder) September 24, 2020