On the same day the Atlanta Fed estimates Q2 real GDP at -42.8%.
Meanwhile, 100,000+ small businesses have closed forever.
Totally normal. https://t.co/cCm7EkMRgH
— Nomi Prins (@nomiprins) May 18, 2020
$spx Gdp pic.twitter.com/hQJoIajnCO
— VIX Squared (@vixsquared) May 18, 2020
"It's different this time"
"It's different this time"
"It's different this time"
"It's different this time"
"It's different this time"
"It's different this time"
"It's different this time"
"It's different this time"
"It's different this time"
"It's different this time"
"It's NOT!— Planet Ponzi (@PlanetPonzi) May 18, 2020
#Dow Surges 1,013 Points on The Close#Uber cuts 3,000 additional #Jobs
Nothing Says BUY #Stocks More Than
40 Million #Americans #unemployed
The #FederalReserve Has "FIXED" Everything.
— Planet Ponzi (@PlanetPonzi) May 18, 2020
They showed up, but not enough to push the TICK below -500… https://t.co/Y1VLLAP7UY
— SentimenTrader (@sentimentrader) May 18, 2020
Cartoon of the Day: V-Shape? https://t.co/8flo2SqJAz pic.twitter.com/Wtns52ibKl
— Hedgeye (@Hedgeye) May 18, 2020
Retail spending fell a record 16.4% in April from the prior month, as consumers pulled back sharply on shopping and eating out due to coronavirus-related lockdowns. https://t.co/7wfnUaDDtV
— Real Time Economics (@WSJecon) May 18, 2020