— CrossBorder Capital (@crossbordercap) May 9, 2020
When forecasts diverge it is a good indicator of deep uncertainty. So … the dispersion in S&P500 earnings estimates we are seeing right now, it ain’t good news! @WSJecon via @SoberLook pic.twitter.com/crgoegJ4bJ
— Adam Tooze (@adam_tooze) May 9, 2020
The delta in 2-yr yield truly reflects the state of the economy.
An unprecedented dysfunctional macro environment impelling the Fed to suppress rates due to extreme debt levels.
Stocks near record valuations are absurdly disconnected from reality. pic.twitter.com/VYbckFLQFp
— Otavio (Tavi) Costa (@TaviCosta) May 7, 2020
There are clearly many nuances of this type of analysis, but it gives you some context. Restaurants employee 19mm people and make up 4% of GDP. Evidence suggest many are permanently impaired.
— Teddy Vallee (@TeddyVallee) May 9, 2020
Wondering how long it's going to take to get this moving again. pic.twitter.com/X1xWtx8NJz
— SentimenTrader (@sentimentrader) May 9, 2020
"Some experts say 80M jobless =closer to reality. That means 10% in #China who're supposed to be employed are actually out of work"
— China Beige Book (@ChinaBeigeBook) May 9, 2020