Hedgeye‘s Keith McCullough makes sense in his morning note (should sound familiar):
“…like the guys and gals who boughtem too early in either 2001 or 2008, I humbly suggest we all learn the lessons of both economic and market history when gravity has the US #slowing from a super late cycle employment peak.
Yes, I know, plenty of “capitalists” and socialists alike are begging for both corporate and “fiscal” bailouts. And heck, we might get them. But we might get more volatility in the US Treasury and Credit markets before that takes hold. Mnuchin is already panicking with a Paulson sized bazooka!”