Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The economy and the stock market are largely disconnected. For some people, life is quite similar. No major changes. Still employed, same hours, same scenario. But for millions, without the ballooning safety net provided by the government, they would starve. The stock market has risen considerably which of course is largely owned by a smaller group of people. Those people are enjoying the appreciation of their assets while the bulk of the population struggles to persist.
U.S. is still in a ‘very significant recession’ despite job gains, Fed’s Rosengren says
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Worries grow over a K-shaped economic recovery that favors the wealthy
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(13) Sven Henrich on Twitter:
“I repeat: New highs in select indices have been highly deceiving. They were driven by a few mega cap stocks. The $XVG index suggests a border market still in a bear market. Based on that measure $SPX would be trading at 2,600 were it not for mega cap expansions in 6/7 stocks. https://t.co/UFSi7HchgD” / Twitter
https://twitter.com/NorthmanTrader/status/1301935910683054081?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1301935910683054081%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fmere-flesh-wound-or-beginning-end-bull-bounce
(13) SentimenTrader on Twitter:
“Speculative options trading reached the equivalent of 12% of NYSE volume last week. Like some combustible combo of musical chairs, Russian roulette, and five finger fillet. How many traders can dance upon the head of a pin? https://t.co/nsCeyKH093” / Twitter
SentimenTrader on Twitter: “Speculative options trading reached the equivalent of 12% of NYSE volume last week.Like some combustible combo of musical chairs, Russian roulette, and five finger fillet.How many traders can dance upon the head of a pin? pic.twitter.com/nsCeyKH093 / Twitter”
Speculative options trading reached the equivalent of 12% of NYSE volume last week.Like some combustible combo of musical chairs, Russian roulette, and five finger fillet.How many traders can dance upon the head of a pin? pic.twitter.com/nsCeyKH093
(13) Jesse Felder on Twitter:
“‘There are a handful of quant funds pushing around a few stocks in the options markets. The dealers are getting very nervous. How short is the Street gamma? VERY.’ https://t.co/Wp5DG4zILC by @Convertbond https://t.co/jNjPNEHJOS” / Twitter
Jesse Felder on Twitter: “‘There are a handful of quant funds pushing around a few stocks in the options markets. The dealers are getting very nervous. How short is the Street gamma? VERY.’ https://t.co/Wp5DG4zILC by @Convertbond pic.twitter.com/jNjPNEHJOS / Twitter”
‘There are a handful of quant funds pushing around a few stocks in the options markets. The dealers are getting very nervous. How short is the Street gamma? VERY.’ https://t.co/Wp5DG4zILC by @Convertbond pic.twitter.com/jNjPNEHJOS
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‘The Notion That US Debt Can Ever Be Paid Back is Ridiculous’, Analyst Says – Sputnik International
Robinhood, Schwab Outages Triggered by Apple, Tesla Splits
Robinhood, Schwab Outages Triggered by Apple, Tesla Splits
(Bloomberg) — It was an alarming series of breakdowns that baffled traders: as two of the most popular stocks split at the start of the week, thousands of U.S. retail investors couldn’t use their brokerage accounts. Increased trading precipitated by Apple Inc. and Tesla Inc.
52% of young adults in US are living with their parents amid COVID-19 | Pew Research Center
A majority of young adults in the U.S. live with their parents for the first time since the Great Depression
The share of 18- to 29-year-olds living with their parents has become a majority since U.S. coronavirus cases began spreading early this year.
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Amazon Drivers Say Smartphones-In-Trees Scheme Has Been Thwarted – Bloomberg
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.The financial markets are seeing a major inflow of cash and of debt. Corporate profits are certainly different here in 2020. The stock market has accelerated. We are watching a major shift in investment.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
What Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »