Top 5 Charts of the Day – June 4th, 2020
???????? #China | Job search related app usage (Blackrock using data from Aurora Mobile Limited) suggests the spike in unemployment has been violent.
*Link: https://t.co/lpKkR6xC0R pic.twitter.com/bdRiwLUv0y— Christophe Barraud???? (@C_Barraud) June 4, 2020
???????? #ECB | Alternative scenarios for the euro area economic outlook
*Link: https://t.co/KFGN2hRuF1 pic.twitter.com/jOQwIuyZpE— Christophe Barraud???? (@C_Barraud) June 4, 2020
The ECB will likely swallow ALL net issuance this year in the Euro area now.. pic.twitter.com/5TQYSn3nrc
— AndreasStenoLarsen (@AndreasSteno) June 4, 2020
Berenberg's Schmieding on ECB decision to boost PEPP by €600bn (vs €500bn exp): ECB demonstrating it remains truly independent institution fully committed to its mandate of price stability – and is not in any way constrained by the verdict of German Constitutional Court of 5May pic.twitter.com/3ucM11tnRp
— Holger Zschaepitz (@Schuldensuehner) June 4, 2020
There's an old lesson in this stock market rally: Follow the money. Since the Fed opened the sluice gates, the S&P 500 has had the bes 50-day rally in its history. (h/t @bespokeinvest) https://t.co/V2RylPvkDv via @bopinion pic.twitter.com/nk64A0ELW8
— John Authers (@johnauthers) June 4, 2020