STOCKS ARE GIVING THE ILLUSION OF STRENGTH

And watching how politicians react to this development will be key

The other morning, Bloomberg TV host, Jonathan Ferro made a comment that was so well articulated, I recorded it and transcribed it for you:

Many people come on this program, throwing mud at the V-shape recovery forecast, without realizing that it’s the “throwing mud” part that is the consensus view. The consensus view is that nobody really thinks we are…