Jurrien Timmer
Dir. of Global Macro @Fidelity. Student of history, chart maker, cyclist, cook. Helping investors break thru the clutter. Views are mine. https://t.co/9Pn7wGwMzp
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Big growers are pushing the S&P 500 higher (and giving the illusion of the all-clear), but the smallest of the small caps are making new lows. Check out the Russell Microcap index...
My last thread asked: Did the market find bottom last October, even though earnings are only now beginning to decelerate? Here's a closer look at similar periods in history. 𧡠http...
Did the market find bottom last October, even though earnings are only now beginning to decelerate? Let's see what history can tell us. 𧡠https://t.co/t25uygiOpg
Letβs look at a few notable bear markets and see how they compare to today's market. First up, the Great Recession (2007-09): 𧡠https://t.co/ZE49svcPIw
Investors who are betting on a soft landing narrative should keep an eye on the yield curve, which last week inverted to new lows for this cycle. 𧡠https://t.co/xGhSmgfmWw
It's the middle of summer, but for crypto, it's winter. Bitcoin and crypto in general have not been spared from the widespread drawdowns this year, and thatβs an understatement. So...
Bear markets and recessions happen during all secular regimes, but during secular bull markets they tend to be shorter and are quicker to recover. 𧡠https://t.co/rS6XLVZIUY
Will Bitcoin become a fixture? Here we see the number of global mobile phone users and global internet users, regressed against the number of BTC addresses. Both analogs support th...
Bitcoin, boring? Gasp! But boring is good if you want institutional adoption. 𧡠https://t.co/GiNqHpPe6a
What does gold know? With real rates rising as quickly as they are, the tried-and-true TIPS model suggests that gold should have fallen to 1600 or so. Instead, it is holding in lik...
The stock market seems to be ignoring the Fed, perhaps even more so than first meets the eye. 𧡠https://t.co/HcDFc3b96m
Bitcoin has been in a choppy trading range for almost a year now, bouncing between 30k and 65k. The up-or-down debate continues to be a favorite hobby for many, but itβs mostly noi...