Warning Signs 03 (Jun 19 - Jun 23)

[winston]

Financing worth $2tn put on ice

As many as 350 firms across the world have suspended nearly HK$2 trillion worth of financing plans amid sluggish market sentiment.

The deals, including initial public offerings, bonds, loans and acquisitions, amount to more than US$254 billion (HK$1.98 trillion).

The Americas saw the highest number of transactions being postponed or shelved at 184, which was more than double the tally for other regions.

Source: The Standard

https://www.thestandard.com.hk/section- ... put-on-ice

[winston]

A Big Recession Warning Sign is Flashing

by Sean Michael Cummings

The yield curve is as inverted as it was a month after the dot-com bubble peaked.

The last six times the yield curve inverted, it took between six months and three years on average for a recession to start.

If we see another broad stock sell-off without an improvement in inflation, we’ll want to get defensive quick.

Still, the next recession might be years away. It might be mild. And it might not even happen at all.

Source: Daily Wealth

https://dailytradealert.com/2022/08/23/ ... -flashing/

[behappyalways]

"End Of Abundance": Macron Warns Of "Major Tipping Point" And "Great Upheaval" As Difficult Winter Approaches
https://www.zerohedge.com/geopolitical/ ... ult-winter

[behappyalways]

Mike Wilson: Jackson Hole Was A Shock To Stock Investors, But It's Just The Start Of The Next Leg Lower

While most investors remain preoccupied with the Fed and their next move, we have been more focused on earnings and the risk to forward estimates.

In June, many investors began to share our concern, which is why stocks sold off so sharply, in our view.

Companies began managing the quarter lower and by the time 2Q earnings season rolled around, positioning was quite bearish and valuations were more reasonable at 15.4x.

This led to the "bad news is good news" rally or as many people claimed "better than feared" results.

Call us old school, but better than feared is not a good reason to invest in something if the price is high and the results are soft.

In other words, it's a fine reason for stocks to see some relief from an oversold condition but we wouldn't commit any real capital to such a strategy.

Source: Zero Hedge

https://www.zerohedge.com/markets/mike- ... -leg-lower

[behappyalways]

Era Of Fake Money Is Gone: Egon von Greyerz Warns "No One Can Escape What's Coming"
https://www.zerohedge.com/geopolitical/ ... ats-coming

[behappyalways]

Darker & Colder: Europeans Warned Of "Unprecedented" Power Failures This Winter
https://www.zerohedge.com/energy/darker ... res-winter


"Europe On The Brink:" 70,000 Czech Protesters Flood Prague Over Energy Crisis
https://www.zerohedge.com/geopolitical/ ... rgy-crisis

[winston]

JPMorgan warns to watch these 3 key indicators to find out whether stocks will bottom out—or continue to fall

1. M1 money supply and PMIs
2. Earnings per share ratio
3. Monetary policy outlook

Source: Fortune

https://fortune.com/2022/09/06/jpmorgan ... rtunedaily

[winston]

Slumping U.S. stock market technical indicators flash warning sign

By Saqib Iqbal Ahmed

Recently, market breadth has started to send worrying signals. The percentage of stocks trading above their 50-day moving average in the Russell 3000 has fallen to about 30%, from around 86% in mid-August.

Meanwhile, the 15-day moving average of the percentage of S&P 500 stocks hitting fresh three-month lows - another measure of stock market breadth - has climbed to about 10% from just above zero in mid-August.

Additionally, the S&P 500 Index has lingered below its 200-day moving average for five months now, the longest such streak since May 2009.

The Nasdaq index already broke the so-called neckline of the head and shoulders formation earlier this year, a bearish development. A drop through its recent low of around 10,500 could open the Nasdaq up to a move to 8,800,

Source: Reuters

https://finance.yahoo.com/news/slumping ... 55855.html

[behappyalways]

A List Of 33 Things We Know About The Coming Food Shortages
https://www.zerohedge.com/geopolitical/ ... -shortages

[behappyalways]

Alarm Bells Sound As World's Second Largest Appliance Company Reports Demand Plunge
https://www.zerohedge.com/markets/alarm ... and-plunge