If you are not buying stocks after 20 million Americans lost their jobs in April, you are doing it wrong.
— Stalingrad & Poorski (@Stalingrad_Poor) May 8, 2020
Negative 20.5 million. This is not normal. You might have expected it. You probably weren't surprised by it. But there is nothing normal about this.
My open today pic.twitter.com/aVGngaVjfz
— Jonathan Ferro (@FerroTV) May 8, 2020
Market reminds me of the "eye of the storm" feel we had after Bear Stearns in 2008.
— Matt Thompson, CFA (@dynamicvol) May 8, 2020
Have a good friend in multi family. Said requests for rent reductions, delayed payments, and partial payments are soaring. He’s very worried. All his properties are levered to the nill too. Big bank loans on all of them.
— hks55 (@hks55) May 8, 2020
As the world economy is about to implode, very few investors realise what will hit them. The dip buyers of stocks don’t understand that it really is different this time as the world is now facing the biggest destruction of wealth in history.
— Ben Rickert (@Ben__Rickert) May 8, 2020