The five-year Treasury breakeven inflation rate has surged above the comparable 10-year rate since Democrats won the U.S. Senate in January, taking the spread to the most negative levels on record in data stretching back to 2002 – Bloomberg pic.twitter.com/GHmppzOOkn
— Christophe Barraud (@C_Barraud) March 16, 2021
BofA FMS: inflation expectations are now at an all time high (net 93% of FMS investors expect higher inflation in the next 12 months, up 7% MoM, now an all-time high). pic.twitter.com/qWDMNfoqky
— zerohedge (@zerohedge) March 16, 2021
US retail investors poised to deploy stimulus cheques in #stocks – FT
*Link: https://t.co/mUhycPzG7W pic.twitter.com/pI83AHeYJl— Christophe Barraud (@C_Barraud) March 16, 2021
Another high in margin debt. Feb ↑ $15.1bn to $813.7bn. ↑ 69.8% from last Mar. #Stocks put in major lows back then. $SPX ↑ 80% from that low; momentum intact midway through Mar, with a ↑ of 4.1%. Odds favor margin debt follows. Since Mar lows, both have parabolic look to it. pic.twitter.com/eBNTPlU4Oi
— hedgopia (@hedgopia) March 16, 2021
Tesla and other EV-makers are being valued by the Big Market Delusion; they're all being priced as though they will dominate the market, while nobody is priced on the assumption they'll be disrupted. h/t @RA_Insights https://t.co/kLt88LAhz0 pic.twitter.com/YEkfoQH1eZ
— John Authers (@johnauthers) March 16, 2021