Everyone on Wall Street Is Bearish, and This Is What Keeps Them Up at Night

 [View in browser]( [The Option Specialist]( 05/20/2020 [Everyone On Wall Street Is Bearish, And This Is What Keeps Them Up At Night]( One day after we showed that according to the latest Deutsche Bank monthly survey of Wall Street professionals the majority, or 59% of respondents, see the S&P either "lower" or "much lower" in three months than where it is now... with 53% confident that there will be a second wave of the virus in the fall/winter... ... this morning BofA also published its latest Fund Manager Survey, which polled 223 participants with $651BN in AUM, and which confirmed the conclusions from the DB poll, namely that the vast majority of financial professionals remain extremely bearish - and which likely means that stocks will keep rising as Powell will do everything in the Fed's power to avoid another crash. [More...]( SPONSORED CONTENT ["I'm Making Over $20,000 A Month Trading A $120,000 Account"]( Why reinvent the wheel as a trader if there's a strategy that works? If there's people just like you pulling in $10k, $15k and $20k a month using the same strategy isn't it worth at least checking out? In this eBook, you'll get introduced to this reliable "Income Trading System." Plus, a real life case study of how one man from Texas uses it to make over $20k/month. [CLICK HERE for instant access.]( [Vaccine Experts Say Moderna Didn’t Produce Data Critical To Assessing Covid-19 Vaccine]( Heavy hearts soared Monday with news that Moderna's Covid-19 vaccine candidate - the frontrunner in the American market - seemed to be generating an immune response in Phase 1 trial subjects. The company's stock valuation also surged, hitting $29 billion, an astonishing feat for a company that currently sells zero products. But was there good reason for so much enthusiasm? Several vaccine experts asked by STAT concluded that, based on the information made available by the Cambridge, Mass.-based company, there's really no way to know how impressive - or not - the vaccine may be. [Article continues...]( [Pizza Shop Owner Buys Own Pizza For Profit After Doordash Lists Wrong Pie Price: Report]( A pizza shop owner allegedly gamed a food delivery app to turn a profit after it listed the pizzeria's prices incorrectly. According to Roy Ranjan, a writer, content strategist, and friend of the pizzeria owner, the restaurateur had been dealing with several customers upset about their deliveries being incorrect or cold in March of last year. The uptick in delivery complaints was surprising to the owner (who was unnamed), since his pizza shop does not offer delivery. [Read more...]( [Trump Orders "Sweeping Emergency Deregulation Effort" To Loosen Restrictions On Telemedicine, Small Business]( Just hours after Democratic Senators on the Banking Committee (including Elizabeth Warren, back on Capitol Hill and quietly campaigning to be Joe Biden's VP pick) finished castigating Treasury Secretary Steven Mnuchin for purportedly allowing corporations far too many concessions in the 'PPP' and the other lending programs, President Trump said moments ago that he would sign an executive order to continue his push to cut more regulations to bolster economic growth. ['Call It Fate, Call It Karma' - Why The Coronavirus Is Merely 'The Final Kick Into The Abyss' For The U.S. Economy]( If you're looking for some warm and fuzzies in these dark times, maybe try streaming something like "Puppy Prep" or catching up on the latest episode of John Krasinski’s YouTube show. For the exact opposite, however, keep reading for the latest downer from Charles Hugh Smith. The man behind the OfTwoMinds.com, which was recognized by CNBC as one of the best alternative financial blogs on the internet, has been calling for the implosion of the U.S. empire for years now, and the coronavirus pandemic has him believing that time has finally come. [Continue 'Call it Fate' article...]( SPONSORED CONTENT [All Across America, People Are Giving Up]( Very few understand America's new era of capitalism. A Maryland multimillionaire explains the #1 way to ensure you're not left behind. [Click for more...]( [The Option Specialist] Send this to a Friend. [Click here.]( | Not a Subscriber Yet? [Click here.]( All content © 2020 The Option Specialist Neptune Ave 300 Main Street #711 USA Madison, NJ 07940 Welcome to The Option Specialist, an e-mail service that replaces many of our previous alerts. We hope you enjoy it. If you do not wish to receive this daily service, please [click to unsubscribe.](