There’s so much attention on the markets right now because of the unprecedented performance. It has been escalating dramatically, thanks to unicorns and fairy dust. The world supply of unicorns is also infinite so there’s no need to worry about it and the demand is always high. Congratulations to the central banks for their excellent work here….actually, wait a minute.
Velocity of M2 Money Stock (M2V) | FRED | St. Louis Fed
fred.stlouisfed.org/series/M2V
Jobs bloodbath accelerates easing of lockdown for pubs, restaurants and weddings | News | The Sunday Times
People Aren’t Visiting Branches. Banks Are Wondering How Many They Actually Need. – WSJ
How companies plan to hire robots after coronavirus layoffs
www.cnbc.com/2020/06/06/how-companies-plan-to-hire-robots-after-coronavirus-layoffs.html
Workers face cuts to hours, pay, as they return to old jobs during the coronavirus pandemic – The Washington Post
www.washingtonpost.com/business/2020/06/06/workers-pay-cuts-coronavirus/
Many American workers remain unemployed as Wall Street surges
www.cnbc.com/2020/06/06/many-american-workers-remain-unemployed-as-wall-street-surges.html
Guardians of the World Economy Stagger From Rescue to Recovery – Bloomberg
Left out: More workers now losing hope of getting back jobs
apnews.com/f6861a055dd8eb86e21e528bf4b54653
Look for the S&P 500 to turn positive for the year with a boost from the Fed in the week ahead
(1) SentimenTrader on Twitter: “This is stunning. At the peak of speculative fervor in February, small traders bought to open 7.5 million call contracts. This week, they bought 12.1 million. Watch what people do, not what they say. They’re full-bore bullish, on steroids. t.co/T1v74xq1Of” / Twitter
twitter.com/sentimentrader/status/1269256793445859328
The Bull Is Back! Markets Charge As Economy Lags 06-05-20 – RIA
realinvestmentadvice.com/the-bull-is-back-markets-charge-as-economy-lags-06-05-20/