S&P 500… The massive recovery has been fully driven by dovish central banks, despite unexciting earnings and guidance.

S&P 500… The massive recovery has been fully driven by dovish central banks, despite unexciting earnings and guidance. pic.twitter.com/laRBMWxj9g

— Daniel Lacalle Official Account (@dlacalle_IA) February 5, 2019

The whole problem in markets has been the Fed and China. Both have had a major interest in keep markets afloat into 2 things

State of the Union – Fed
Chinese New year – PBoC

— mcm-ct.com (@mcm_ct) February 5, 2019

Consumer loan demand rolling pic.twitter.com/jn7a7eu0vf

— Teddy Vallee (@TeddyVallee) February 5, 2019

https://twitter.com/anilvohra69/status/1092887567765168128

Earnings are now expected to go from a 26% growth rate to negative growth in just two quarters. pic.twitter.com/bP6FNJEJ2d

— Jim Bianco (@biancoresearch) February 5, 2019