Prepare for a bear market: A bailout does not boost a challenged business model, it just zombifies the economy. A new wave of #volatility is on the horizon…

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

DJ US Paper vs. S&P …. the Paper Index is a very early lead index and highly cyclical… so no hope for recovery… pic.twitter.com/ymoW1EiiXm

— HowlingWolves (@HaulingWolves) May 25, 2020

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 Urban (@AlessioUrban) May 25, 2020

As the Fed is increasing the money supply while US GDP is contracting, velocity of money is slowing down very fast. Without money velocity there is no inflation possible… pic.twitter.com/2Ti9KQruKg

— Remi Tetot 🙈🙉🙊 (@TetotRemi) May 25, 2020

pic.twitter.com/cWMUoFCiYI

— Christopher Cole (@vol_christopher) May 25, 2020

A new wave of #volatility is on the horizon… 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 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. t.co/uELzQC3m3F pic.twitter.com/LhyHArD2G4

— Susanne Spector (@susanneek) May 25, 2020

Prepare For A Bear Market t.co/vRYAC53fOW @AlessioUrban @alberto95256855 @Tyler929394 @NorthmanTrader @carlquintanilla

— Capital Private Asset (@CapitalPrivate1) May 25, 2020