Global trade was falling off a cliff long before Covid-19 hit the world. Wall Street is far from confident the Fed can pull it off.

Global trade was falling off a cliff looooooong before Covid-19 hit the world.

H/T @themarketear pic.twitter.com/A27lQ6Wtcx

— M/I_Investments (@MI_Investments) June 6, 2020

The Fed is about to launch a $600 billion gambit to save swaths of U.S. businesses and tens of millions of jobs. Wall Street is far from confident the Fed can pull it off t.co/uHziVgH9zZ

— Bloomberg Markets (@markets) June 6, 2020

MOST HOUSEHOLDS ARE NEAR BROKE pic.twitter.com/dtgbOJKORQ

— Win Smart, CFA (@WinfieldSmart) June 6, 2020

pic.twitter.com/rYnVecSwcT

— M/I_Investments (@MI_Investments) June 6, 2020

"The American Bankruptcy Institute said Thursday that U.S. Chapter 11 bankruptcies in May ballooned by 48% compared to a year ago."t.co/AuAWeC2eE1

— Win Smart, CFA (@WinfieldSmart) June 6, 2020

How the world can ‘reset’ itself after #COVID19 – according to these experts t.co/LyPzMGG8J3 #coronavirus #TheGreatReset pic.twitter.com/yngcWNSVfL

— World Economic Forum (@wef) June 6, 2020

The global COVID-19 pandemic is NOT OVER. IT IS ACCELERATING: Unprecedented 130.4k new positive tests on June 3.
In Europe, at least, you could say it is slowing.
In US it is NOT.
In both Lat Am and Asia it is accelerating alarmingly! t.co/XOKFI1YYVb pic.twitter.com/SeSDXgfcuy

— Adam Tooze (@adam_tooze) June 6, 2020