The Number Story (@the_numberstory) 's Twitter Profile
The Number Story

@the_numberstory

Daily 5-minute economic breakdown for smarter financial decisions. Understand inflation, unemployment & more! Get insights now: thenumberstory.com #macro

ID: 1695655959572393984

linkhttps://thenumberstory.com/?utm_source=twitter calendar_today27-08-2023 04:34:38

2,2K Tweet

4,4K Takipçi

753 Takip Edilen

The Number Story (@the_numberstory) 's Twitter Profile Photo

Many people worried that an increase in interest rates could bring down the private sector as the world recovered from the pandemic. As it happens, these worries were mostly unfounded.

Liz Young Thomas (@lizthomasstrat) 's Twitter Profile Photo

The drawdown we're seeing in stocks has been purely sentiment based so far. The forward 12m P/E has compressed from 22.5x to 20.5x (a 9% contraction), while forward 12m EPS estimates have actually ticked *higher*.

The drawdown we're seeing in stocks has been purely sentiment based so far. The forward 12m P/E has compressed from 22.5x to 20.5x (a 9% contraction), while forward 12m EPS estimates have actually ticked *higher*.
The Kobeissi Letter (@kobeissiletter) 's Twitter Profile Photo

This is wild: In 2018, a 40Y Japanese Government Bond yielded as little as ~0.25%. Just 2 years ago, a 40Y Japanese Government Bond yielded ~1.3%. These same bonds now yield OVER a record 3.5%. This is not "normal."

This is wild:

In 2018, a 40Y Japanese Government Bond yielded as little as ~0.25%.

Just 2 years ago, a 40Y Japanese Government Bond yielded ~1.3%.

These same bonds now yield OVER a record 3.5%.

This is not "normal."