As BofA Global Research put it this morning: "Hoping that either fundamentals will improve at record speed, or that they simply don't matter is a real risk, given markets' inability to decouple from recessions in the last 90 years."
— Lisa Abramowicz (@lisaabramowicz1) May 27, 2020
— M/1_LP (@MI_Investments) May 27, 2020
S&P tested and failed both the 3000 (#psychological resistance) and the 200-dma (#technical resistance) yesterday. #Market will try again today. It needs to close and hold above that level to confirm a break. Should get the algo's going to push markets back toward Feb levels. pic.twitter.com/GPAbOpd7Ep
— Lance Roberts (@LanceRoberts) May 27, 2020
Delinquent cred cards & auto loans pic.twitter.com/wpB27nOitH
— Win Smart, CFA (@WinfieldSmart) May 26, 2020
https://twitter.com/hks55/status/1265626085464502277
https://twitter.com/hks55/status/1265629612090023937
Preliminary credit card volume growth -25% YoY in May pic.twitter.com/ChhROrtEbt
— Teddy Vallee (@TeddyVallee) May 26, 2020