The signs of recovery in the US are there, but it is still very early to be even remotely bullish.

The signs of recovery in the US are there, but it is still very early to be even remotely bullish. pic.twitter.com/44ei5puweP

— Daniel Lacalle Official Account (@dlacalle_IA) June 19, 2020

The manufacturing sector remains in recession.

• The Philly Fed's factory activity indicator registered a sharp rebound in June.@SoberLook
h/t @ennovance pic.twitter.com/PbHcYxZ2ul

— Mo Hossain (@MoHossain) June 19, 2020

S&P and Macro Fundamentals pic.twitter.com/0LVRBNu0hQ

— Win Smart, CFA (@WinfieldSmart) June 19, 2020

Add Marks to the list of prominent investors (Druckenmiller, Dalio, Tepper, etc.) who are confounded by the market moves as of late https://t.co/ywWL8bu927

— Leslie Picker (@LesliePicker) June 19, 2020

*AMERICAN AIRLINES SAID IN TALKS FOR $2 BILLION JUNK-BOND SALE

Some day there will be business school case studies on the hubris displayed by greedy corporate execs who, after gutting their balance sheets, were thrown a free lifeline…

Cont'd…

— MCTrader (@elementmacro) June 19, 2020

HIGHER EARNERS ARE MORE OPTIMISTIC pic.twitter.com/r086hCwZ1x

— Win Smart, CFA (@WinfieldSmart) June 19, 2020

CORPORATE DEBT SITUATION pic.twitter.com/v7cHseDVv9

— Win Smart, CFA (@WinfieldSmart) June 9, 2020