https://twitter.com/jtepper2/status/1266042596524163072
More than 3,600 stores are closing as the retail apocalypse drags on
🇺🇸Atlanta Fed Business Uncertainty Survey @BillardPhillipe @AlessioUrban @EconGlobal @TradersCom @LordPolemos @MI_Investments @XRP_589_Theunis @SpeculaThor @bocajoes @tey_west @wheeliedealer @Rafael60980545 @ChileBitcoin @investor1927 @paibad @rsroc @hedgefundsrati1 @ezkappdo pic.twitter.com/4a9FVKqRZG
— Antonio Pérez-Algás (@apanalis) May 27, 2020
Left behind in the Fed’s coronavirus bailout, some bonds tied to corporate loans and commercial real estate that were among the newest, fastest-growing parts of the markets are struggling https://t.co/CoY7Nxh1xA via @WSJ
— M/1_LP (@MI_Investments) May 28, 2020
U.S. Economy Contracted 5% in First Quarter, Slightly Steeper Than Initial Estimate https://t.co/QD03uzJK5r
— WSJ Central Banks (@WSJCentralBanks) May 28, 2020
US corporate #profits plunged $295bn in Q1:
– domestic financial -67bn
– domestic non-financial -$170bn
– rest of world -$59bn> Profit margins fell to 8.5% of GDP: lowest since 2008.
> Collapsing corporate sales and earnings + elevated leverage represent important risk pic.twitter.com/Jpb0nqx840— Gregory Daco (@GregDaco) May 28, 2020
https://twitter.com/NorthmanTrader/status/1266045405067968512
Between the $22T+++(growing) in central bank balance sheets (perma-bid), the co-location of quant funds and supercomputers sitting on exchanges front running ETF's/mutual funds, it's a wonder anybody is left trading fundamentals🤨🤦♀️https://t.co/miVbtuE4wQ pic.twitter.com/cvmJMuMBeI
— M/1_LP (@MI_Investments) May 28, 2020
Leaders of the biggest financial companies are getting more optimistic about an economic rebound but say recent stock gains might have overshot reality https://t.co/mIR0n5uS3S
— Bloomberg Markets (@markets) May 28, 2020
Hey if you can manage it, hang on to some workers, but we don't want to pressure you. (the Fed, approximately) https://t.co/gqCOgUD5sf
— David Dayen (@ddayen) May 28, 2020