Our current Bull vs Bear debate thread on current market conditions below: https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

#ES_F #NQ_F $SPY $QQQ $AAPL $AMZN $FB $MSFT $GOOG $TSLA
Bull:
1) The Federal Reserve will not go away.
2) Effective tax rates support EPS loss from current economic conditions.
3) The most hedged against the pandemic account for 45% of the Nasdaq. $AAPL, $AMZN, $FB, $GOOG, $MSFT
4) US financial system counter-cyclical by Dodd-Frank.
Bear:

1) The consumer isn& #39;t spending much at all to start Q3.
2) Covid spikes continue & regulations tighten.
3) Possible peak pandemic profits by #BigTech.
4) China & US tensions are very high.
5) Stimulus bill will be harder to pass with markets being more stable.
2) $NKE (left); $MU (top right); $AMZN (bottom right); all less than 15%; $NKE was 1.7% & $MU was 6%; $AMZN approx 15% because they swallowed up the world during the pandemic.
Bear sources:

1) Several consumer sentiment data as well as spending for the past month, paired with continuous jobless claims.
3) We don& #39;t need to explain to many of you how big $AAPL $FB $AMZN $MSFT beat. But 2 things, $FB had advertisers leave in droves and then still nailed EPS, while $AMZN delivered a beat 5x the amount of anticipated EPS. Those are insanely strong numbers that are huge outliers.
4) The market continues to sidestep Chinese & US tensions. $MSFT just posted a deal to close buying TikTok this evening, after @realDonaldTrump said he opposed the deal. https://www.cnbc.com/2020/08/03/microsoft-confirms-talks-to-buy-tiktok-in-us.html">https://www.cnbc.com/2020/08/0...
5) Pure speculation to politics but now that it& #39;s not the end of the world financially, we only expect Washington to do what it does best and not help out the people.
We hope we presented a bit of insight into the risks of the current market environment for US equity financial markets here through this thread and hope all is well and have a very safe week everyone!
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