Since March 31, $SPX forward 12M EPS has declined by 14.4% while $SPX price has increased by 14.1%. bit.ly/3cUDbbb

Shameless. Sven Henrich SentimenTrader Lisa Abramowicz Mohamed A. El-Erian YouPolls

The Chicago Fed’s National Activity Index (CFNAI) fell to an all-time low of -16.74 in April. The index’s 3M moving average fell to -7.22; a value below -0.70 has historically indicated an increasing likelihood of recession.

The demonstrations and even the violence are not just about George Floyd's murder and BLM. There are now 40 million unemployed people in the US who are righly furious mad as hell. As I predicted months ago this crisis will lead to protests, riots & violence. USA is now burning!

Why Are Stocks Rallying in the Middle of the Coronavirus Pandemic? ⁦Mohamed A. El-Erian⁩ ⁦YouPolls⁩ ⁦Liz Ann Sonders⁩ ⁦Lisa Abramowicz⁩ foreignpolicy.com/2020/05/29/sto…

Lisa Abramowicz OMG. Here comes the FED. You get a care he gets a car she gets car. Sven Henrich

The Labor Department admitted that government household survey-takers mistakenly counted about 4.9 million temporarily laid-off people as employed. The government doesn't correct its survey results for fear of the appearance of political manipulation. mprnews.org/amp/story/2020…

The May report also showed 15.3 million workers were temporarily laid off with an estimated 4.9 million people who had lost their jobs for a time, but were counted as employed but “not at work for other reasons.” forbes.com/sites/chuckdev…

U.S. economy officially entered a recession in February. Mohamed A. El-Erian Sven Henrich SentimenTrader Lisa Abramowicz FactSet

cnn.com/2020/06/09/bus… So far in 2020, more than 4,000 stores have said they will permanently close, according to a report released Tuesday by Coresight Research, a retail research and advisory firm. anticipates closures will snowball and set a new annual record. Sven Henrich

Will the Banks Collapse? - The Atlantic theatlantic.com/magazine/archi…

U.S. debt surges to $55.9 trillion in the quarter CNBC cnbc.com/2020/06/11/tot…

Robinhood traders are not behind the rally, Barclays says CNBC cnbc.com/2020/06/12/rob…

Why doesn't Trump say 'socialism' anymore? cnn.com/videos/politic…

41% of businesses listed on Yelp have closed for good during the coronavirus pandemic - MarketWatch marketwatch.com/story/41-of-bu…

.Joe Biden made me a better president. I’m asking you to believe in his and Kamala’s ability to help make us a better country. More importantly, I’m asking you to believe in your own and to help them, in this election and beyond. pscp.tv/w/1BRJjYWDVopGw