Reasons to buy? Take the following with a grain of salt as I'm a bond guy, but I felt compelled to build a stock chart on how the GFC went down to highlight many failed bailout attempts (and reasons to buy along the way) yet until nearly everyone gave up, a bottom wouldn't form. pic.twitter.com/iO1u2DFNBe
— George Goncalves (@bondstrategist) March 10, 2020
https://twitter.com/Hipster_Trader/status/1237504720966766593
Setting aside the obvious politicking of cutting taxes but only until the election,
The payroll tax raises about $1.3 trillion a year. Eliminating it for 8 months would cost about $900 billion before accounting for how people/employers might reacthttps://t.co/gXGFe5kJxN
— Tyler Evilsizer (@TylerEvilsizer) March 10, 2020
“Things have been glued together for so long,” says Jeffrey Gundlach. “And by gluing it together, you’ve let the pressures build up to a level that is …” “One shock away,”
“Things have been glued together for so long,” says Jeffrey Gundlach. “And by gluing it together, you’ve let the pressures build up to a level that is …”
“One shock away,” @DiMartinoBooth replies.https://t.co/mEznUcFDPQ
— Danielle DiMartino Booth (@DiMartinoBooth) March 10, 2020
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