I can’t even begin to imagine all this. pic.twitter.com/X9a6XJCGqs
— Gratke Wealth, LLC (@GratkeWealth) May 4, 2020
INVESTORS HAVE NO FEAR OF BANKRUPTCY ANYMORE
DUE TO THE FED
THIS WAS REPORTED ALL LAST WEEK
AND THIS POS STOCK IS STILL ABOVE $3
— Reminiscences of an American Capitalist (@4Awesometweet) May 4, 2020
CALIFORNIA TAKES OUT $348 MILLION FEDERAL LOAN FOR UNEMPLOYMENT BENEFITS – DJ
— FXHedge (@Fxhedgers) May 4, 2020
— Gator Trader (@FLGatorTrader) May 4, 2020
U.S. Economic Data Now Worse Than During GFC. pic.twitter.com/RxNNZUBfFM
— Ben Rickert (@Ben__Rickert) May 4, 2020
— Robert Burgess (@BobOnMarkets) May 4, 2020
Home prices have only fallen nationally once since the Great Depression, and that was after the subprime mortgage crisis and the Great Recession. Now, barely eight years after hitting bottom, and after a mighty recovery, prices are predicted to fall nationally again, down 2-3% this year, according to Zillow.
“Just 13% of the 45% who applied for a PPP loan were approved…”
By bailing out the sources of systemic fragility with trillions of dollars, the Fed has shifted the risk to the entire financial system and the nation’s currency.
Just a few weeks into the coronavirus crisis, many are already pointing to the striking contrast between what has happened to the real economy and financial markets. This Main Street versus Wall Street tension is fueled both by legacy and current issues and sheds light on the state…
The S&P 500 was up more than 0.4% on Monday. But…
On the NYSE, there were more declining than advancing stocks. More down volume than up volume. More 52-week lows than highs.
That's happened 21 times since 1965. A month later, the S&P was higher 7 times.
— SentimenTrader (@sentimentrader) May 4, 2020