Take a look at the markets. They’re doing fantastic. Nothing can bring them down thanks to Jay Powell and the crew. They have our best interests in mind because they care. They’re working hard to give money to companies in need and that will help out individuals because they can keep their jobs. Except, what happens when the Fed bails out companies and they just fire people anyway?
All of a sudden, people are talking about a V-shaped recovery again: ‘The stock market had it right’
Assets: Total Assets: Total Assets (Less Eliminations From Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed
fred.stlouisfed.org/series/WALCL
Central Bank Assets for Euro Area (11-19 Countries) (ECBASSETSW) | FRED | St. Louis Fed
fred.stlouisfed.org/series/ECBASSETSW
Bank of Japan: Total Assets for Japan (JPNASSETS) | FRED | St. Louis Fed
fred.stlouisfed.org/series/JPNASSETS
May Jobs Report: Forecast Miss Could Have Policy Ramifications – Bloomberg
(15) Sven Henrich (@NorthmanTrader) / Twitter
(18) Sven Henrich on Twitter: “Now try it in context t.co/iZIZjlewZR” / Twitter
twitter.com/NorthmanTrader/status/1269294827952373765
Fed Vow Boosts Debt Binge as Borrowers Cut Thousands of Jobs – Bloomberg
Citi Says Wealthy Clients Are Holding Too Much Cash, Time to Buy – Bloomberg
workers part time econ reasons.jpg (1208×884)
www.zerohedge.com/s3/files/inline-images/workers%20part%20time%20econ%20reasons.jpg?itok=HEAfstda
Canada Trade Plummets Amid Global Shutdowns, Deficit Widens – Bloomberg
- AZ overturns election judgement to verify signatures
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- I am surprised a Japanese magazine would allow this to run, but it is correct…
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- New York Times: “Stolen Valor: The U.S. Volunteers in Ukraine Who Lie, Waste and Bicker. James Vasquez, in fact, was never deployed to Kuwait…”
- Bibi Netanyahu Squashes Embarrassing Anti-Christian Bill
- The market is being held up by 7 companies
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