'Zombified' Banks, Soaring US Risk, & Liquidity-Suck Spark Plunge In Stocks & Bond Yields

April 25, 2023

No Comments

Run on Berlin Bank when war declared
Public Domain

Please Follow us on Gab, Minds, Telegram, Rumble, Gab TV, GETTR, Truth Social, Twitter

Extreme positioning (bonds record short) meets macro weakness (sentiment and soft data crashing) meets liquidity suck (M2 collapsing) meets systemic threats (debt ceiling) meets idiosyncratic problems (FRC - banking system, and UPS - consumer) - quite a day!!

The world and his pet rabbit started the day off short Treasuries...

An ugly day for US macro didn't help (aside from new home sales which jumped on giant subsidies)...

To read more visit Zero Hedge.

‘NO AD’ subscription for CDM! Sign up here and support real investigative journalism and help save the republic!‘

SHARE THIS ARTICLE

Author

CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."