Clearly, there's a burgeoning disconnect between the stock market and the underlying economy.
Hunter's thinking is simple: The market has already digested the initial shock stemming from the coronavirus — the proverbial "first shoe" if you will — but it hasn't yet accounted for what's yet to come.
In Hunter's mind, loads of businesses lack the inherent staying power necessary to survive this downturn, which will result in slews of bankruptcies and doors closing for good — permanent damange. But he doesn't think the market has come to this realization yet.
Good! It was built on a feudalist house of cards overdependent on unsustainable consumption, outright enslavement of prisoners & undocumented immigrants, a non-existent health care system and general exploitation of workers. UBICreatesJobs GreenNewDeal WeAreTheRevolution (1/?)
The financial market will recover when we eradicate this pandemic with just a blink of an eye. Now, Be home, health is more expensive than money
No one can predict the future when it comes to stock markets. This will never change.
If I see another 'head in hands' pic from Wall St I think I'll throw up🤮
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