Mayhem in the Markets: January 15th, 2023

Hey friends! Today's Mayhem in the Markets video goes in-depth on the markets and economy, talking about what I'm watching, why it matters, and more.

00:00 Introduction

00:41 Debts up, savings down

01:46 Mortgage costs are the highest in decades

04:30 Cooked to perfection? Chinese bank books

05:06 ARKK bleeds as the old economy leads

09:02 The NASDAQ is extremely overbought

12:25 Banks are sitting on enormous unrealized losses

14:02 You can practically hear the vacuuming sound (from central banks)

14:43 Money supply growth is collapsing

16:55 Liquidity continues to drain from the financial system

17:30 Used vehicle prices have fallen the most on record

18:13 Existing home sales are dropping fast

20:20 Chart analogs are a fool's errand

I appreciate your feedback in the comments section! Questions are welcome, too.