Sure looks like another Financial Crisis…

#recession … #Global $USD #Liquidity #Squeeze edition

Sure looks like another #Financial #Crisis… #GFC2 t.co/9RvKtnCOEz

— Invariant Perspective (@InvariantPersp1) June 24, 2020

Weird Looking V pic.twitter.com/J7QNciIKM9

— Keith McCullough (@KeithMcCullough) June 24, 2020

New Home Sales increased to 676,000 Annual Rate in May t.co/ExP3AZyP7q pic.twitter.com/GnfTTsEuds

— Bill McBride (@calculatedrisk) June 23, 2020

Unprecedented junk bond issuance so far in June.

What could possibly go wrong?!

via @SoberLook pic.twitter.com/o3LV6UllB4

— Megan Greene (@economistmeg) June 23, 2020

NEW YORK (Reuters) – Wall Street is likely to cut bonuses this year by 15-20% and make significant layoffs, according to a report published Tuesday by compensation consulting firm Johnson Associates Inc. t.co/OAMTySptRZ

— Carl Quintanilla (@carlquintanilla) June 24, 2020

Some traders have compared this rally to 2009.

Problem: $NYA Stocks >200d had ZERO days above 50% during this entire rally.

Objectively, this is *nothing* like 2003, 2009, 2012 or 2016.

Most major U.S. indexes look similar – a significant, broad weakness still lingers. pic.twitter.com/bBUq4ZZO89

— Macro Charts (@MacroCharts) June 23, 2020

#recession … China #Banks edition t.co/jqvj9b8o0V pic.twitter.com/Nfth0LGpI0

— Invariant Perspective (@InvariantPersp1) June 24, 2020

#recession … #Global #GDP #Forecast edition t.co/kSNlays5Nb

— Invariant Perspective (@InvariantPersp1) June 24, 2020

#recession … US #Retail #Sales edition

Another one bites the dust… $GNC t.co/IAeqeCaYxI

— Invariant Perspective (@InvariantPersp1) June 24, 2020