Just to put things into perspective: 7 big US tech stocks, known under the acronym FANGMAN, have lost >$1tn in value over the past three trading days, equal to GDP of #Indonesia. pic.twitter.com/BMatdLGsBC
— Holger Zschaepitz (@Schuldensuehner) September 8, 2020
Speculative options activity still spiking into the stratosphere (updated from Aug 25).
Historically, prior mania peaks took significant TIME and LOSSES to reset – far from what's happening here.
IF this is another historic unwind, then it hasn't even started yet. Stay nimble. pic.twitter.com/wIDoGQBvjn
— Macro Charts (@MacroCharts) September 9, 2020
Gravity still works. pic.twitter.com/fh5Qr1mceX
— Otavio (Tavi) Costa (@TaviCosta) September 8, 2020
Real interest rates since 1314! pic.twitter.com/4bbSk5X5Gx
— jeroen blokland (@jsblokland) September 8, 2020
US personal income over M2 (income velocity) pic.twitter.com/b3Yx77jRVo
— Silver Watchdog (@Silver_Watchdog) September 9, 2020