Stan Druckenmiller, David Tepper among those bearish on stocks "The risk-reward for equity is maybe as bad as I've seen it in my career," says Stanley Druckenmiller, speaking at an event for The Economic Club of New York. The V-shaped recovery, he says, is "a fantasy." Stan knows best ------------------- Beijing has lashed out at US legislation which seeks to impose sanctions on China if it fails to cooperate with Washington's investigation into the coronavirus pandemic. The bill would require the president to notify Congress within 60 days that China had “provided a full and complete accounting” to any US-led probe into the coronavirus outbreak. The rule would also apply to investigations carried out by American allies and UN agencies such as the World Health Organization (WHO). The legislation also demands that China shutter all “wet markets” which can pose a risk to human health. It also calls for the immediate release of Hong Kong activists arrested during ongoing protests in the semi-autonomous territory. If China fails to meet these criteria, the bill would authorize the president to implement far-reaching sanctions. Travel bans, asset freezes and other economic restrictions could be put in place.Zhao said that the proposed legislation was not based on facts or international agreements.
You can look it up right here on ET - he's posted some pretty credible support over the years under his other nicks. EDIT: I see that he droped @PoopyDeek and has reverted to @destriero
I think it has a high probability today the market blows up, spectacularly, not long to wait. I've liquidated and holding short.