Many market participants overestimate the “positive” impact of government spending and monetary policies. Then comes the reckoning.
Many market participants overestimate the "positive" impact of government spending and monetary policies. Then comes the reckoning.@Hedgeye https://t.co/yitgEInRHf — Daniel Lacalle (@dlacalle_IA) May 30, 2020 Cities are burning. Real economy is on life support. And here we are… Debating whether the $SPY holds $3k and when the next round of stimulus / easy money is … Read more