Bailing out banks, autos, or airlines will not make them profitable nor change the recent earnings and margin trend.
A bailout does not boost a challenged business model, it just zombifies the economy. pic.twitter.com/KefPtyAhae
— Daniel Lacalle (@dlacalle_IA) May 25, 2020
https://twitter.com/HaulingWolves/status/1264848117393915905
The supply of #money ‘created’ by central banks is massive, but it’s just not moving around! #velocityofmoney pic.twitter.com/pxiMkaRlPw
— jeroen blokland (@jsblokland) May 25, 2020
Stocks rally on pessimism pic.twitter.com/PlHCRcZcfJ
— Alessio (@AlessioTMAD) May 25, 2020
https://twitter.com/TetotRemi/status/1264884105679974401
https://twitter.com/vol_christopher/status/1264914078826455042
A new wave of #volatility is on the horizon… https://t.co/I0sxCwlbbc pic.twitter.com/zfTPAYxf1u
— jeroen blokland (@jsblokland) May 25, 2020
How 2 out of every 5 jobs lost during COVID-19 may not come back https://t.co/tUA0MXk11C #economics #covid19 pic.twitter.com/ZMdPhN8NQN
— World Economic Forum (@wef) May 25, 2020
Big drop in employment, large drop in employment rate, huge drop in share at work and actual hours per week down by 11.6% (!) compared to last year. Much worse labour market outcomes than headline unemployment suggests. https://t.co/uELzQC3m3F pic.twitter.com/LhyHArD2G4
— Susanne Spector (@SusanneSpectr) May 25, 2020
https://twitter.com/CapitalPrivate1/status/1264902123050975233
This article discusses evidence that a bear market is likely to persist.
It concludes that long-term investors are best off on the sidelines.
A model portfolio shows how purchasing power can be preserved for large amounts of capital.