Lower margins will eventually increase unemployment. Higher unemployment and increased mortgage rates will end up killing consumer discretionary. Current data is probably not as representative of the future as we think. $AAPL $AMZN

How it started How it's going

Several EU countries have basically financed themselves for free these past years. Risk premiums will eventually jump for these countries once ECB stops buying. Irresponsible budgets at expensive rates.

Western countries keep providing absurd measures against serious problems. Meanwhile, UAE, Russia and China continue to take over. #NewWorldOrder

Lagging ECB will end up acting same way as FED. Just a matter of time until EUR gets back over $1.10. Biggest concern with Europe relies on energy. Demand destruction will keep oil price relatively stable, still expensive.

Valuation can be harsh during a deleveraging process, even when executed correctly. #ET #WBD

Stocks unlikely to bottom while 2yr/10yr spread remains negative. Lagging effect of rate hikes across the globe will eventually show up.

Markets usually bottom slightly earlier than unemployment rates peak. Still not considering a market bottom at 3.7% unemployment rate.

$uber looking like your typical short term tech value trap fueled by alleged competition Same happened with meta & netflix. Still bullish long term but would not be surprised if stock kept falling.

Question for $AZO holders Will Chinese EVs kill AutoZone’s business model, or is the ICE fleet too big to matter for the next decade?

Any News that caused $iqe price drop?