I still would like to know why we are bailing out corporations 5 weeks after all time highs. Corporations that have chosen to spend a cumulative $5.4 trillion in buybacks since 2009. That was their choice not to build any reserves.

https://twitter.com/NorthmanTrader/status/1243583459140030469

U.S. corporate profits have been relatively flat for several years.

This chart shows the Wilshire total stock market plotted alongside corporate profits, indexed to 100 in 1995.

Not a pure apples to apples comparison, but interesting. pic.twitter.com/LBnNXpZFg4

— Lyn Alden (@LynAldenContact) March 27, 2020

Fed's balance sheet adds $1 trillion in a week, up to $5.3 trillion, and they're just getting started. pic.twitter.com/9mSGCRXSc3

— Randy Woodward (@TheBondFreak) March 27, 2020