I took this from a tweet i saw the other day, i know most are long btc but with all these points, Are we bulls or bears in 2023?????
1) Inverted yield curve. 2) Consumer buying power zapped by inflation. 3) Bank balance sheets remain a mess. 4) A credit contraction is underway. 5) A commercial real estate crisis underway. 6) Freight traffic is down. 7) Stock markets do not bottom before recessions. 8) Inflation is sticky. 9) The Fed is fighting inflation. 10) US govt interest payments are out of control. 11) BRICS+ are meeting in August. 12) Retailers are complaining about soft sales. 13) The economy is slowing. 14) High interest rates make it difficult to afford a car/truck/house. 15) Credit card delinquencies are on the rise. 16) Foreclosures are on the rise. 17) Bankruptcies are on the rise. 18) 6 stocks make up 80% to 90% of the stock market gains. 19) China mfg is sluggish because the US consumer is dead. 20) GDI (gross domestic income) was negative 1.8% in Q1. 21) The S&P 500 is trading at a PE of 22, which historically, is extremely pricey. 22) Manufacturing PMIs are sub 50.
They forgot student loan repayments starting again soon
[link] [comments]

You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments