Do you know what put US economy into Great Depression between 1929-1932? Yeah – infinite amount of STIMULUS! Let's watch it how this time will be different. pic.twitter.com/X858xTW3zG
— GregTheAnalyst (@Analyst_G) August 13, 2020
That's what you are seeing now. Plenty of credit nobody is allowed to borrow except S&P 5. I bet tightening will stay for a long time (blue line)… pic.twitter.com/TcjOL0KFWB
— GregTheAnalyst (@Analyst_G) August 13, 2020
People not holding stocks long pic.twitter.com/zBJ7ieAE8V
— Win Smart, CFA (@WinfieldSmart) August 13, 2020
Stocks could be melting up like they did the Roaring 20s, strategist says — we all know what happened next https://t.co/URLWrd4lzY
— Win Smart, CFA (@WinfieldSmart) August 13, 2020
History doesn't repeat, but sometimes it rhymes.$DJIA pic.twitter.com/mvNN4mAjS3
— Sven Henrich (@NorthmanTrader) August 13, 2020
The velocity of money has collapsed. That has the same effect on the economy as a shrinkage of the money supply, which Milton Friedman identified as the central cause of the Great Depression. pic.twitter.com/6Faq7kRLLD
— Bruce Bartlett (@BruceBartlett) August 6, 2020
DEFAULTS & BANKRUPTCIES pic.twitter.com/0r9cNGXe4o
— Win Smart, CFA (@WinfieldSmart) August 12, 2020
Manhattan apartment rents plunged last month by the most in nearly nine years, with vacancy rates rising to a record 4.33%. https://t.co/uPdmC3YUEj
— Lisa Abramowicz (@lisaabramowicz1) August 13, 2020
Capex & Technology spending pic.twitter.com/JSfoScF4F5
— Win Smart, CFA (@WinfieldSmart) August 13, 2020