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40% of stocks in the S&P 500 are at a 52-week low.
Investors are panic selling, but that doesn’t mean a bottom is imminent. https://t.co/djBdCmdQoS pic.twitter.com/3225y8njKH
— Michael Batnick (@michaelbatnick) June 17, 2022
More than 90% of stocks in the S&P 500 declined today.
It’s the 5th time in the past 7 days.
Since 1928, there have been exactly 0 precedents. This is the most overwhelming display of selling in history.
— Jason Goepfert (@jasongoepfert) June 16, 2022
54% of S&P 500 stocks are back below their pre-Covid highs even though the index itself is still 7.5% above its pre-Covid high. https://t.co/H4p1RcpfIn pic.twitter.com/lyDOmH976G
— Bespoke (@bespokeinvest) June 19, 2022
Only seven other years since WWII have had a lower percentage of positive days in the first half of the year. https://t.co/Jy17RmXmc1 pic.twitter.com/nb1p9rBgF3
— Bespoke (@bespokeinvest) June 16, 2022
This has been the 2nd worst period for traditional “60/40” portfolios (60% stocks, 40% bonds) since the 1970s. Only the worst stretches of the Financial Crisis were worse. https://t.co/H4p1RcpfIn pic.twitter.com/2QKcZcw6Uv
— Bespoke (@bespokeinvest) June 18, 2022
PSA: We are not in a recession, not close to one. An average of 488,000 jobs — an extremely high number — has been added each month this year. Jobs contract in a recession. We are still in a boom. In the 2020 recession, 22 million jobs were lost.
— Steve Matthews (@SteveMatthews12) June 15, 2022
At least 14,000 domestic flights were canceled or delayed in the United States this holiday weekend, leaving thousands of passengers stranded in part because of staffing issues for airlines in the air and on the ground. https://t.co/7WpfNVXDCn
— CBS News (@CBSNews) June 20, 2022
*KROGER SAYS TYPICAL BASKET SIZE CONTINUES TO DECLINE
*KROGER SAYS CUSTOMERS `AGGRESSIVELY’ SWAPPING TO STORE BRANDS$KR— *Walter Bloomberg (@DeItaone) June 16, 2022
Buyers are slowing the bidding wars each week, but still buying more aggressively than I would have guessed.
22.7% of the new listings went into contract immediately this week.
4/6 pic.twitter.com/g2E8yuj8SF
— Mike Simonsen 🐉 (@mikesimonsen) June 20, 2022
$BTC owners: Everything you are feeling right now…
is in here. pic.twitter.com/TRvGL42ML8
— James Lavish (@jameslavish) June 14, 2022
2) also:
“I do feel like we have a responsibility to seriously consider stepping in, even if it is at a loss to ourselves, to stem contagion,” he said. “Even if we weren’t the ones who caused it, or weren’t involved in it. I think that’s what’s healthy for the ecosystem…”
— SBF (@SBF_FTX) June 19, 2022
1) Today we’re injecting $250m into BlockFi and partnering with them so they can navigate the market from a position of strength.https://t.co/nocsdi0GLF
— SBF (@SBF_FTX) June 21, 2022
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