Whoosh: $271BN drop in Treasury cash balance. Biggest one day drop on record pic.twitter.com/oiJvq42IFl
— zerohedge (@zerohedge) March 18, 2021
This is now in play pic.twitter.com/PBiUFvcCCz
— zerohedge (@zerohedge) March 19, 2021
Elevator up, elevator down?
CEO Business Confidence in the US just rose to a 17-year high.
Only 4% of the time since 1976 have CEOs been so optimistic.
Meanwhile, lead indicators have moved sharply lower.
Suggests a very different look to H2.
Let’s see. Will revisit soon. pic.twitter.com/oVjZApdDIT
— Julien Bittel, CFA (@BittelJulien) March 19, 2021
Bond Sentiment is extremely oversold – where Major bottoms formed.
The 21dma is at bottom 1.7% in history – watch for a turn UP at any moment.
A turn in Bonds would be very Bullish for Growth Stocks and Precious Metals/Miners – which have been quietly *basing* for weeks. pic.twitter.com/k60UlH6LEi
— Macro Charts (@MacroCharts) March 19, 2021
Oh, so you like stocks NOW pic.twitter.com/DjlXF2MX3S
— The Long View (@HayekAndKeynes) March 19, 2021