Investor optimism on growth is clear. A c.30pt rise in US consumer conf. has been priced-in over the last 6M. Spending has been solid, but falling confidence likely signals a growing need for more stimulus to keep the party going. An unprecedented divergence at record valuations. pic.twitter.com/DIJQSHtFtH
— Julien Bittel, CFA (@BittelJulien) September 21, 2020
Morgan Stanley Turns Bearish, Sees Nasdaq Plunge Accelerating As Investors Dump Most QQQs In 20 Years https://t.co/ZbuIYUGEZP
— zerohedge (@zerohedge) September 21, 2020
Trump now favored to win Florida on https://t.co/1qj8Q5zcpM but odds to win Presidency haven't moved on it. pic.twitter.com/zywtGn5XyZ
— Bespoke (@bespokeinvest) September 21, 2020
Lira weakens to new lows after Moody's warns about #Turkey's 'almost depleted' buffers against balance-of-payments crisis. Lira now down 22% vs Dollar ytd. pic.twitter.com/iFX2xd6rps
— Holger Zschaepitz (@Schuldensuehner) September 21, 2020
Nat Gas Plummets 10%, Slides Under $2 In Biggest One-Day Drop In 20 Months https://t.co/g1chOwuKvs
— zerohedge (@zerohedge) September 21, 2020