Surprise surprise…
CAPEX expectation barely rebounded last month.
Companies are reluctant to spend capital.
Hard to see labor markets going back to normal any time soon. pic.twitter.com/Nt1EJjHrHE
— Otavio (Tavi) Costa (@TaviCosta) June 15, 2020
#Sentiment, especially with #retail #investors has gotten a bit ahead of itself. pic.twitter.com/0jiuB0yosi
— Lance Roberts (@LanceRoberts) June 15, 2020
"People buy the most at the top and the least at the bottom." – Bob Farrell pic.twitter.com/QY6sdFjkgi
— Lance Roberts (@LanceRoberts) June 15, 2020
Book depth for S&P500 futures making a run at the lows again. YS #DriehausAlts pic.twitter.com/nm6CQz77SQ
— Driehaus (@DriehausCapital) June 15, 2020
TIC data for March was really interesting – huge drop in net purchases of US securities, biggest fall ever (including Treasuries! Unexpected) – but more than offset but the surge in banks' USD liabilities to foreigners, biggest rise ever (foreigners increasing USD deposits) pic.twitter.com/e5zSy468np
— Mike Bird (@Birdyword) June 15, 2020
