If we don't get a deal with China soon, we are heading for an apocalyptic market and economy it's as simple as that.
The probability of a deal may be ~20% with say 10% upside to stocks = +2% probable gain.
The probability of no deal is 80% with -50% downside to stocks = -40%… pic.twitter.com/qeFfTgrVx1
— Mac10 (@SuburbanDrone) May 2, 2025
Bloomberg: US stocks are in for another drop that will eventually lead to a bear market in the coming months, according to veteran technical strategist Tom DeMark, who accurately called this year’s top in February and subsequent April low
— Cheddar Flow (@CheddarFlow) May 2, 2025
🚨This is a CRISIS:
US-based employers announced 105,441 job cuts in April, the second-highest April since the Great Financial Crisis.
In 6 months, ~700,000 job cuts have been announced, the most since the 2020 CRISIS.
In the past, such a SPIKE has only happened in recessions. pic.twitter.com/umzffQalb6
— Global Markets Investor (@GlobalMktObserv) May 2, 2025