The market is behaving like its early Feb 2020 😉
— Make Black Swans Great Again (@RetirementRight) July 29, 2021
BREAKING: U.S. reports 88,376 new coronavirus cases, the biggest one-day increase since February
— BNO Newsroom (@BNODesk) July 29, 2021
😷 TN HOSPITALIZATIONS QUADRUPLE in 24 days, since July 4th
July 4th: 195 hospitalized
July 28th 890 hospitalized pic.twitter.com/U8J5awDROX— The Tennessee Holler (@TheTNHoller) July 29, 2021
U.S. CDC REPORTS TOTAL NOVEL CORONAVIRUS CASES OF 34,722,631 AS OF YESTERDAY VS 34,631,447 IN PREVIOUS REPORT ON JULY 28
U.S. CDC REPORTS TOTAL DEATHS OF 609,853 DUE TO CORONAVIRUS AS OF YESTERDAY VS 609,441 IN PREVIOUS REPORT ON JULY 28
— First Squawk (@FirstSquawk) July 29, 2021
Thailand reports 17,669 new coronavirus cases, the biggest one-day increase so far, and a record 165 new deaths
— BNO Newsroom (@BNODesk) July 29, 2021
M2 money velocity fell again
Dead system.. someone could say that the money is circulating in the stock market… WOW why don’t we become all traders then? Stop working and creating companies, everyone buys the dip to arrive at the end of the month pic.twitter.com/tv7TNEBBHv
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) July 29, 2021
Florida hospital system declares code black due to surge in COVID-19 patients
Investors Shrug Off Regulators’ Leveraged Debt Bubble Warnings
To hear the central bankers tell it, leveraged-debt markets are overheating and could face tougher rules. For investors, there’s no bubble in sight and a fresh deal surge is on the way. As developed economies learn to live with the coronavirus, M&A activity and debt refinancing have accelerated, driving lending to indebted firms to a near-record…
“It’s Probably Time To Sell!” – Guggenheim’s Minerd Warns Of Delta’s Looming Threat To Risk Assets
All in all, as far as markets and the economy are concerned, “Things couldn’t be better.” If that’s the case, I guess it’s probably time to sell!