This is a train wreck in progress. pic.twitter.com/Y1EYpfAUQe
— Sven Henrich (@NorthmanTrader) June 26, 2020
Market has stalled since latest peak on June 8, just as @federalreserve’s balance sheet stopped expanding
[Past performance is no guarantee of future results] pic.twitter.com/816mLGDTeV— Liz Ann Sonders (@LizAnnSonders) June 26, 2020
De-globalization in one chart: IMF expects global trade to collapse by 11.9% this year, the slump would be more than twice as severe as the decline in GDP. In 5 of the past 10yrs, growth of global trade was below overall GDP growth, i.e. the world was deglobalizing. pic.twitter.com/L9gZ2tAyht
— Holger Zschaepitz (@Schuldensuehner) June 26, 2020
WILL THE FED PRINT ANOTHER $10 TRILLION? pic.twitter.com/PSjpz5UiY2
— Win Smart, CFA (@WinfieldSmart) June 26, 2020