Cooki's Corner

Your generic smart-sounding macro thinkboi in May 2020:

Look guys, I'm glad stocks are back to pre-pandemic levels.

But this virus is a once in a generation event putting enormous pressure on our health sector. Pair this with the fact that international travel/trade has been severely disrupted and will not return to normal until a reliable vaccine has been rolled out, which will take a few years at least.

These events do not bode well. There is still an extremely high likelihood we are driven into recession by end of year in my opinion.

Make no mistake, I am glad we got the broader bounce across the board.

But many, many companies are preparing to downsize an incredible amount. The leader of the free world who's ego is larger than life just completely caved on the world stage and not because he felt like it.

tendo

Your generic smart-sounding macro thinkboi in May 2020:

Look guys, I'm glad stocks are back to pre-pandemic levels.

But this virus is a once in a generation event putting enormous pressure on our health sector. Pair this with the fact that international travel/trade has been severely disrupted and will not return to normal until a reliable vaccine has been rolled out, which will take a few years at least.

These events do not bode well. There is still an extremely high likelihood we are driven into recession by end of year in my opinion.

https://x.com/ThetaChungus/status/1915056625863610662

Solidity Engineer | Researcher | Onchain Degen | DMs Open | https://github.com/0xCooki