given the massive size of qe and all the bailout facilities one cant be too certain about the path of equities…but this rally could easily be like the 1930 headfake,before stocks really got destroyed.
— bill fleckenstein (@fleckcap) May 8, 2020
https://twitter.com/GreekFire23/status/1258903592687329280
In 2008 we saw the same “non sense” rally before the huge dump that “nobody saw it coming” pic.twitter.com/eSZV3a64En
— Alessio (@AlessioTMAD) May 9, 2020
Not hard to figure out. I predict a large decrease in housing demand this summer. Housing demand depends on a feeling of income security. Do you know anyone who is worried about their job?
— EPBerg (@epberg) May 8, 2020
35% of the lowest-earning American workers lost their jobs.
Only 9% of the highest-earning Americans lost their jobs.
Meanwhile, all 3 market indexes have rallied more than 30% from their March lows. https://t.co/antXwtRBNJ pic.twitter.com/8xyxh3M2A9
— Nomi Prins (@nomiprins) May 9, 2020
he knows his stuff https://t.co/nUXvhL3wfI
— Alessio (@AlessioTMAD) May 8, 2020
Leisure and hospitality businesses, among the first to be affected by coronavirus-related shutdowns, saw particularly heavy losses in April, cutting 7.65 million jobs. https://t.co/dgilQKEWxc pic.twitter.com/mQ4kDV3FWz
— Real Time Economics (@WSJecon) May 8, 2020
GLOBAL GDP AFFECTED pic.twitter.com/hv6yf2JECw
— Win Smart, CFA (@WinfieldSmart) May 8, 2020
# of companies with lowest credit rating pic.twitter.com/Ovacbp8nwq
— Win Smart, CFA (@WinfieldSmart) May 8, 2020
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