With no relief bill, 16% of homeowners and 33% of renters not making August payments- equities are likely to fall. Consumers in California are clearly not on board w/ a V-shape recovery.

With no relief bill, 16% of homeowners and 33% of renters not making August payments- equities are likely to fall. @michaellebowitz @DiMartinoBooth @nomiprins @elerianm @ScottMinerd #economy #Economia #trading https://t.co/QNEQrFi8BU

— Patrick Hill (@PatrickHill1677) August 26, 2020

Consumers in California are clearly not on board w/ a V-shape recovery. Looking at the details of yesterday’s Conference Board Consumer Confidence report, the index just fell to the lowest lvls since April ‘08. Down to 58.3 from 69.6 in July. pic.twitter.com/puBa11o4G8

— Julien Bittel, CFA (@BittelJulien) August 26, 2020

Fed’s Bowman: Economy Bounced Back Noticeably
– Economy Is Still ‘Far From Normal’
– Course, Timing Of Recovery Is Highly Uncertain
– Many Business To Fight For Survival In The Months Ahead

— LiveSquawk (@LiveSquawk) August 26, 2020

"We are not heading into a 2008-09 banking crisis. Small banks have a problem. They have extremely concentrated weak loan books. They are exposed to all these businesses going under." #QuillIntelligencehttps://t.co/vfiYWOnr3P pic.twitter.com/rteDYFDDmE

— Danielle DiMartino Booth (@DiMartinoBooth) August 26, 2020