Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

The Things We Write for Love

Well the news is out.

U.S. Economy Posts Sharpest Downturn on Record,  says the Wall Street Journal. “The U.S. economy contracted at a record 32.9% annual rate last quarter and weekly jobless claims rose to 1.43 million amid signs of a slowing recovery.”

Liquidity moves markets!

Follow the money. Find the profits! 

By now of course, everybody knew something along these lines was coming.

At least I think they knew.

Or should have known.

We knew. Way back when.

June 14 – Wall Street Examiner – These Charts Show COVID 19 Is Spreading in the US and Will Kill the Economy

June 16 – Wall Street Examiner –  Retail Sales Chart Reality and Rah Rah COVID 19 Superspreader Rallies

June 20-  Wall Street Examiner  – US Economy Is Collapsing In June, It’s The Virus, Mo Ron

June 20 –  Liquidity Trader – The Virus Is the Economy

“The current year to year decline in total Federal tax deposits is now running at -35%. That’s not a
recession. It’s a Depression with a capital D.”

Nailed it.

Get the news weeks before it’s news at Lee Adler’s Liquidity Trader. 90 day risk free trial.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Lee Adler

I’ve been publishing The Wall Street Examiner and its predecessor since October 2000. I also publish, and was lead analyst for Sure Money Investor, of blessed memory. I developed David Stockman's Contra Corner for Mr. Stockman. I’ve had a wide variety of finance related jobs since 1972, including a stint on Wall Street in both sales, analytical, and trading capacities. Prior to starting the Wall Street Examiner I was a commercial real estate appraiser in Florida for 15 years. I was considered an expert in the analysis of failed properties that ended up in the hands of bank REO divisions, the FDIC, and the RTC. Remember those guys? I also worked in the residential mortgage and real estate businesses in parts of the 1970s and 80s. I have been charting stocks and markets and doing analytical work since I was a teenager. I'm not some Ivory Tower academic, Wall Street guy. My perspective comes from having my boots on the ground and in the trenches, as a real estate broker, mortgage broker, trader, account rep, and analyst. I've watched most of the games these Wall Street wiseguys play from right up close. I know the drill from my 55 years of paying attention. And I'm happy to share that experience with you, right here. 

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.