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Animal Spirits: The Dollar Dump
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Tweets:
Hearing everyone’s thoughts 24/7 is the worst thing to happen to society since the mosquito.
— Michael Antonelli (@BullandBaird)
5:22 PM • Apr 11, 2025
$DXY US Dollar Index worst 2-week plunge since 2009
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi)
12:35 PM • Apr 11, 2025
The outlook for new orders from NY Fed regional manufacturers literally hit the lowest level in the history of the survey. (HT: @fcastofthemonth)
— Joe Weisenthal (@TheStalwart)
1:58 PM • Apr 15, 2025
BofA: Total card spending per household (HH), as measured by BAC aggregated credit and debit cards, was up 2.2% year-over-year (y/y) in March.
We forecast a robust March retail sales report. Mixed evidence on front-loading. No sign yet of negative wealth effects from stock
— Mike Zaccardi, CFA, CMT 🍖 (@MikeZaccardi)
11:52 AM • Apr 11, 2025
Consumer sentiment among self-identified independents is now lower than it was at the low point of Biden's presidency, when gas prices and inflation were soaring, according to the latest University of Michigan survey.
— Nick Timiraos (@NickTimiraos)
2:35 PM • Apr 11, 2025
Market timing will never die bc humans but man it took one on the chin today. I have to imagine a lot more ppl just joined Vanguard's 'not changing course regardless of what i see or hear' camp. COVID rally did same thing- which could be why the inflows seem to get stronger with
— Eric Balchunas (@EricBalchunas)
8:58 PM • Apr 9, 2025
60% of general admission ticket buyers at Coachella used Buy-Now-Pay-Later to finance their tickets, per Billboard.
— unusual_whales (@unusual_whales)
11:56 AM • Apr 14, 2025
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