For those of you who still think the stock market has anything whatsoever to do with the economy. 🤯👇 https://t.co/OYVijuRSAy
— George Gammon (@GeorgeGammon) June 3, 2020
— Liz Ann Sonders (@LizAnnSonders) June 3, 2020
— TC, Master of Chart (@TESLAcharts) June 5, 2020
Join the party! https://t.co/7tPLA4T1WT
— Danielle DiMartino Booth (@DiMartinoBooth) June 3, 2020
If you believe our forecast for a -10% fall in 2020, Argentina's GDP this year is back to its 2007 level. For Brazil our forecast of -7% in 2020 takes us back to 2010. Mexico's fall of -9% returns us to 2013. A "lost decade" even before you factor in currency devaluation effects. pic.twitter.com/RnHrZ9q0RC
— Robin Brooks (@RobinBrooksIIF) June 3, 2020
It's it amazing how CBs were put in a corner by economy and still trying to suppress the system while social volatility explodes in front of their doors with rapidly raising unemployment, looting, and consumption dropping.https://t.co/QOnjUcWSFU
— GregTheAnalyst (@Analyst_G) June 3, 2020
Do valuations still matter? The current divergence between the S&P 500 and corporate profits after tax is the widest on record 👉 https://t.co/m92HmW5PAy
— ISABELNET (@ISABELNET_SA) June 3, 2020
Zoom now worth $62b, P/E (Price to earnings) over 6000!
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