Revisiting February again – A fist full of calls and long the market, because we are never going down again. Oops watch here. pic.twitter.com/mJkoaz5VIR
— David Larew (@ThinkTankCharts) June 4, 2020
Market’s Make or Break Moment in One Chart Draws Parallels to the Opposing 2001 & 2009 Recoveries
Economic Cycle Research Institute co-founder Lakshman Achuthan has narrowed the possible recovery paths into two scenarios: The dot.com bubble collapse and financial crisis aftermath.
Markets are pushing higher on pure #valuation expansion rather than #fundamentals. It's kind of like running with a sharp stick, you may get away with it, or you might wind up being a one-eyed #pirate. pic.twitter.com/G9HR2bDsrx
— Lance Roberts (@LanceRoberts) June 4, 2020
Millions of Americans Skip Payments as Tidal Wave of Defaults and Evictions Looms
Hardship programs appear to be helping many people pause payments and survive the economic shutdown so far. But not everybody is getting the help, and advocates see big potential trouble ahead.
Mortgage backed securities 30+ days delinquencies skyrocketing. 2020 is bananas. $SPY $DIA $QQQ $GLD $SLV $GDX #gold #silver pic.twitter.com/XBdGHLyHN5
— Edward Gofsky (@EdwardGofsky) June 4, 2020
Eurozone retail sales down 19.6% YoY in April! pic.twitter.com/k9kG3cbVCv
— jeroen blokland (@jsblokland) June 4, 2020
If the #unemployment rates hits 17% as expected, and then falls to 10% and stabilizes, also as expected, that is still worse than what was seen at the #peak of the #financial #crisis. #perspective pic.twitter.com/fFgb9rdS8w
— Lance Roberts (@LanceRoberts) June 4, 2020
U.S CHALLENGER JOB CUTS (YOY) ACTUAL: 577.8% pic.twitter.com/PxIA4aJ4US
— 𝕮𝖍𝖎 🛢️ (@chigrl) June 4, 2020
Corporate borrowing has been for insurance obviously, not growth pic.twitter.com/WJaHDY6ZZ5
— Win Smart, CFA (@WinfieldSmart) June 4, 2020
Restaurants can't live this way pic.twitter.com/w34j4L34wn
— Win Smart, CFA (@WinfieldSmart) June 4, 2020
- Bill Gates Developing Vaccine That Spreads ‘Like a Virus’ To Vaccinate People Without Consent
- The World Is Collapsing Around Us And The Crowd Is No Longer Hedged
- Social Security payments: Millions of SSI recipients to get two checks worth up to $1,652 next month
- Democrats just screwed the whole country…
- Pennsylvania’s Unemployment Is Insolvent & Now Sending Notices To Claimants Who’ve Received Full Benefits To PAY IT ALL BACK.
- Now They Are Literally Bowing Down And Worshipping Baal Right In Front Of Our Eyes
- Insurance CEO, Todd Callender says the real pandemic is NOW.
- One Of The Most Tragic Things That I Have Read In A Long Time
- AOC..after only a few years on the squad..Net Worth 29 MILLION
- Recession is here and major liquidity squeeze on-going. US Treasuries expect a Fed pivot and either deep US recession or shortage of collateral. Neither look great for stock markets
Views: 3