Can you believe this has been the best quarter for US stocks since 1998? pic.twitter.com/KMdJsME4w9
— Daniel Lacalle (@dlacalle_IA) June 30, 2020
Tech stocks are priced for perfection.
Most have forgotten how cyclical this sector is.
Highly doubt the macro environment is going to justify these valuations. pic.twitter.com/KpDH35zBVd
— Otavio (Tavi) Costa (@TaviCosta) June 29, 2020
Market, show me you care.$AAPL $SMH https://t.co/yJO6cemaWA
— Samantha LaDuc (@SamanthaLaDuc) June 30, 2020
CONSUMER CREDIT COLLAPSE pic.twitter.com/hSrWTG3jbA
— Win Smart, CFA (@WinfieldSmart) June 30, 2020
The latest Business Roundtable CEO Economic Survey reveals that only 27% of participants feel their businesses will recover by 2021. Sentiments overall have dipped to decade lows. https://t.co/U8VYzeM3Hn pic.twitter.com/gEjkDJivgg
— Win Smart, CFA (@WinfieldSmart) June 30, 2020
Households falling behind on auto loans, credit card loans, and mortgages https://t.co/9n0Uz2hqjf pic.twitter.com/RCoZwAXVh6
— Trevor Noren (@trevornoren) June 30, 2020
“Our economists forecast that the worst of the labor market weakness is likely behind us; however, the projected path is far from a V-shaped recovery,” making it tough on the consumer, JPMorgan strategists say. https://t.co/tRYFOizSQG
— Win Smart, CFA (@WinfieldSmart) June 30, 2020
#China's #steel sector activity slipped back into contraction in Jun after expanding in May for the first time in a year.
Steel production picked up while demand weakened. Steel mills' inventories surged.https://t.co/MernMKBFGB— YUAN TALKS (@YuanTalks) June 30, 2020
https://twitter.com/GinSecurities/status/1278018115453026305
40% of businesses on Yelp closed for good
House Passes Bill to Prevent Homelessness Crisis ‘Like We’ve Never Seen in Our Lifetimes’
The Emergency Housing Protections and Relief Act of 2020 allocates $100 billion to emergency rental assistance programs and creates a $75 billion relief fund for homeowners.