When Fed loses its jawboning power this market will collapse like a house of cards. Until then, ride the bubble wave $SPY $SPX $NDX
— hks55 (@hks55) July 1, 2020
Wow. Nasdaq is up 1% while semis (SOX) down 1%. Last time that happened was in July 2009!
— Bespoke (@bespokeinvest) July 1, 2020
Citi analysts on the gap between weak fundamentals & strong markets: "Our US equity strategists characterize the sentiment as euphoric with more than 80% probability of negative returns in the next 12 months. In our view, everything has to go right for equity markets to be right"
— Lisa Abramowicz (@lisaabramowicz1) July 1, 2020
New record highs Nasdaq
The economy is booming
— Alessio Urban (@AlessioUrban) July 1, 2020
Vacations Planes. V anywhere?🤔 @fxatpar @ororealty @juanjoseblesa @Javier30670747 @ezkappdo @nathani_manoj @wade90_ @wheeliedealer @investor1927 @siddiqui71 @rober85348744 @2020ninewaves @ThePitBoss16 @scar_david @jraixelamarkets @InvestWatchBlog @siddiqui71 @autoctoNO_it pic.twitter.com/T1Nfii421q
— Antonio Pérez Algás (@apanalis) July 1, 2020
The Real V🤨 @ororealty @juanjoseblesa @Javier30670747 @ezkappdo @nathani_manoj @wade90_ @wheeliedealer @investor1927 @siddiqui71 @rober85348744 @2020ninewaves @ThePitBoss16 @scar_david @jraixelamarkets @InvestWatchBlog @siddiqui71 @autoctoNO_it @alberto95256855@Shango2000 pic.twitter.com/5RL9NjPx5t
— Antonio Pérez Algás (@apanalis) July 1, 2020
The Fed Promotes a Quickening that Takes Many Years
The minutes of the June 9-10 FOMC meeting are nothing but economic nonsense after nonsense. t.co/MFArnDlzI9
— Mike "Mish" Shedlock (@MishGEA) July 1, 2020
One argument for virus/closure/reopening headlines to not be mattering is that as long as Congress is willing to keep a floor under household incomes, then anything we're seeing in the meantime just shifts where spending goes. I don't know if I buy it. But theoretically possible.
— Joe Weisenthal (@TheStalwart) July 1, 2020
Businesses are "re-closing" just weeks after re-opening. NFIB data shows 70% of small businesses can survive only 3-4 months of this. 50% can survive just 1-2 months. Small businesses account for 64% of private-sector jobs. t.co/TAgIc2UIT8
— Joshua Steiner (@HedgeyeFIG) July 1, 2020
84 Central Banks have cut rates in 2020…
Interest rates AROUND THE WORLD are at ZERO.
Next steps:
a) Helicopter Money
b) Negative Interest Rates🤯
— Gold Telegraph ✪ (@GoldTelegraph_) July 1, 2020
Fed's Daly sees four to five year recovery in best-case scenario t.co/NjRCfxsrda pic.twitter.com/8S9p46W09m
— Reuters Business (@ReutersBiz) July 1, 2020
*MCDONALD'S PAUSING U.S. REOPENING PLANS: DJ
— LongConvexity (@LONGCONVEXITY) July 1, 2020
Trading with fried air pic.twitter.com/6FwwTPkJ7h
— Alessio Urban (@AlessioUrban) July 1, 2020
- Rationing Has Already Started In Europe As The Entire Globe Plunges Into A Horrific Economic Nightmare
- Dr. Geert Vanden Bossche forecasts total chaos within 2 months.
- Tucker Carlson: This Is a Manufactured Disaster
- Satan Responds To Roe v. Wade Defeat
- People Starving In Europe, Food Riots In Asia And Police Are Shooting
- If We Keep Escalating This Conflict, The End Result Will Be A Nuclear Cataclysm
- DR BLOWS WHISTLE ON CHEMICAL THERAPY – Chemotherapy is INEFFECTIVE 97% of the time.
- Things are going down in the Netherlands.
- Sounds Like the Conservative SCOTUS Members are Trying to Cause Leftists Around the Country to Stroke Out
- Master of Reality Fauci Suffers “Much Worse” Coronavirus “Rebound” After Pfizer Pills
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