Real economy in meltdown! And we have new ATH in valuations! THIS. IS. INSANITY.

Real economy in meltdown! And we have new ATH in valuations! THIS. IS. INSANITY. pic.twitter.com/dNhMHCgtXk

— Henrik Zeberg (@HenrikZeberg) May 6, 2020

"This market is divorced from reality,,,there's such a strong bid to this market – particularly in the overnight futures trading – it just doesn't make any sense."

–CALSTRS CIO Ailman

— Dave Collum (@DavidBCollum) May 6, 2020

https://twitter.com/NorthmanTrader/status/1257976331268210689

Help me out. Can't get my head around this.

How is it that US consumer stocks are trading back above the 5-year average just ahead of a US jobs report that's expected to show over 20 million jobs lost, and some say markets have "priced it in"? pic.twitter.com/A2phIpKoQd

— David Ingles (@DavidInglesTV) May 6, 2020

And it will be bullish https://t.co/mwdcNnCUIO

— Alessio (@AlessioTMAD) May 6, 2020

India April services PMI 5.4 from 49.3. Talk about locked down!!! pic.twitter.com/mv78wdadBs

— Trinh (@Trinhnomics) May 6, 2020

US earnings catching World pic.twitter.com/suQRYa3jVj

— Win Smart, CFA (@WinfieldSmart) May 6, 2020

https://twitter.com/NorthmanTrader/status/1257989865217679360

Auto sales down 97% last month… Ouch.

“Let’s not give investors any bad news, because they might stop buying equities and we could lose our jobs”