BOOM.
The one-and-only Daniel Lacalle @dlacalle_IA joins @KeithMcCullough LIVE today one-on-one at 1:00pm ET
You do not want to miss this in-depth investing conversation.
Click for immediate free access.https://t.co/Ti6IOU7ZiU
— Hedgeye (@Hedgeye) April 30, 2020
“It's getting more challenging as time passes to have an optimistic view of a V-shaped recovery. I think it’s going to be weaker than expected in 2020. The unemployment ramifications across the board are going to be significant.” –@dlacalle_IA
Watch free: https://t.co/4JEAsEDO2b pic.twitter.com/u4FRgkZ036
— Hedgeye (@Hedgeye) April 30, 2020
https://twitter.com/hks55/status/1255907879737085953
New survey shows that of those who received IRS stimulus checks, 38% added to savings, 26% paid off debt, and 18% planned to spend but not yet. As I warned, there's no "stimulus" in the stimulus. Classic liquidity trap.https://t.co/tsLdiXRjdR
— Jim Rickards (@JamesGRickards) April 29, 2020
Active investment managers went to more than 70% net long this week, despite a still-downtrending market.
That happened in Jan & May 2008 with ill effects.
Again in Jan 2019 during the v-bottom.
So maybe the best tell is how the market responds short-term to optimism. pic.twitter.com/aDOsAkWt1o
— SentimenTrader (@sentimentrader) April 30, 2020