— Christophe Barraud🛢 (@C_Barraud) August 26, 2020
Double-Dip? The Number of Small Businesses Open Re-Plunges https://t.co/dCgWuapdyb
— zerohedge (@zerohedge) 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
Stocks are near record overvalued even relative to money supply.
This ratio recently formed a double top from the insane tech bubble levels.
Still well above peak of the housing bubble.
Looking for bargains?
Not in overall stocks.
Precious metals are where it’s at. pic.twitter.com/O4EuUkCC71
— Otavio (Tavi) Costa (@TaviCosta) August 26, 2020
Pending confirmation – best guess from prior bases suggests mid/late SEP. Will update this soon.
If/when Vol breaks higher, be ready for a Major change. pic.twitter.com/he3JvIzTDw
— Macro Charts (@MacroCharts) August 26, 2020