Are we at the peak of the 1929 bounce back? pic.twitter.com/gORb9XQPOs
— Win Smart, CFA (@WinfieldSmart) September 21, 2020
Expected Household Income pic.twitter.com/m7j0sfitX3
— Win Smart, CFA (@WinfieldSmart) September 21, 2020
CREDIT AVAILABILITY pic.twitter.com/psde1fMvDL
— Win Smart, CFA (@WinfieldSmart) September 21, 2020
Negative Equity Homes pic.twitter.com/xrwvXS8GzB
— Win Smart, CFA (@WinfieldSmart) September 21, 2020
The U.S. government’s debt will swell over the next 30 years to almost double the size of the economy, the Congressional Budget Office says $GLD t.co/f0HljPBNDL
— Win Smart, CFA (@WinfieldSmart) September 21, 2020
The recovery mirage seems to be fading out of markets pic.twitter.com/rq9ZWooMJx
— Daniel Lacalle (@dlacalle_IA) September 21, 2020
Stock Sell Off Accelerates and Is Expected to Get Worse Before It Gets Better
Stock investors focused on new worries about the coronavirus and economy, selling into a market Monday that was already technically shaken and set for further declines
Ex Fed Governor: Coronavirus Impact ‘More Fundamental and Long Run’ Than 9/11, 2008 Crisis
The COVID-19 crisis “is going to have a more fundamental and long-run impact on the structure” of the economy, Randall Kroszner explained.