"This is still the most bearish bear market that we have seen so early in a global recession. It’s too early to call the all-clear." pic.twitter.com/S2XGANLyur
— Yield Curve (@TenYearNote) May 19, 2020
2940.77 the 200 EMA needs to hold – failure at the swing and then the 200 EMA is generally a sell signal – Macro view – big bear bull fight going on. pic.twitter.com/mvrgDXYCVu
— David Larew (@ThinkTankCharts) May 19, 2020
In Georgia, where restaurants have been open for three weeks, bookings are still down by 84% t.co/fqlY1AT9Xr
— The Economist (@TheEconomist) May 20, 2020
The retail sales report in the US suggests a disastrous fall in personal consumption which amounts to 70% of GDP. @yardeni via @SoberLook pic.twitter.com/a2jTxJ5mXr
— Adam Tooze (@adam_tooze) May 18, 2020
#recession … #Global $USD #Liquidity #Squeeze edition
Too bad the #bank #reserves created by #Fed #QE aren't actually #money… hence the slide towards #deflation. 📉 t.co/G8R8UF1NMG
— Invariant Perspective (@InvariantPersp1) May 20, 2020