CONSUMPTION COLLAPSED pic.twitter.com/KCwIvtrsHK
— Win Smart, CFA (@WinfieldSmart) June 1, 2020
LIQUIDITY NOT INCREASING VELOCITY OF MONEY pic.twitter.com/GYDFbyy5da
— Win Smart, CFA (@WinfieldSmart) June 1, 2020
May's IHS Markit US Manufacturing PMI revealed another downturn in business conditions for the sector. Production continued to fall sharply amid a further reduction in demand.
Read more: https://t.co/9a270EYj7A pic.twitter.com/olQ3DwJAz4— IHS Markit PMI™ (@IHSMarkitPMI) June 1, 2020
Trade continues to show signs of collapse, as April imports contracted at weak pace & exports poised to face sharpest global recession in recent memory @SoberLook @OxfordEconomics #HaverAnalytics pic.twitter.com/JmHN0CW4Dw
— Liz Ann Sonders (@LizAnnSonders) June 1, 2020
Speculative accounts still massively short pic.twitter.com/ocYnfrRkOn
— Win Smart, CFA (@WinfieldSmart) June 1, 2020