Holy cow ! The S&P downgrade/upgrade ratio on levered loans hit 43.2 !
That's not a %, btw. That's 43.2 downgrades for 1 upgrade 😱.
The peak in the GFC was 8.4.
— JohannesBorgen (@jeuasommenulle) June 2, 2020
GDP is now projected to fall nearly 53% in the second quarter, according to a Fed gauge https://t.co/lF6AD0HCEX
— Jeff Cox (@JeffCoxCNBCcom) June 2, 2020
Poll from @Alignable reveals that 48% of small businesses are not able to pay June rent & other expenses in full @SoberLook pic.twitter.com/tNe7j6FxuP
— Liz Ann Sonders (@LizAnnSonders) June 2, 2020
Well said @elerianm https://t.co/eXoqDczS9R
— Liz Ann Sonders (@LizAnnSonders) June 1, 2020
the unemployment rate is 19.7%, and Q2 GDP is estimated to be around -50%, but apparently the algos saw some "green shoots" in the last 10 minutes of trading today pic.twitter.com/BrVqvr7WY2
— StockCats (@StockCats) June 2, 2020
Chase card activity by stay home order status. Pretty much as expected, but still not much of a distinction https://t.co/VPtI9nGQqX pic.twitter.com/4bRKXTSt77
— Sam Ro 📉 (@SamRo) June 2, 2020