took office in 2017 corporates are now is chilling clear signs of stress as companies like fed ex general mills and airline slash profit outlook for 2020 secretary menuhin warned that unemployment rate could hit a depression era of 20 percent in the absence of government intervention the sell off in equities is broad based indiscriminate of traditional safety sectors however there are a few bright spots on the heat map today walmart c.v.s. and walgreens are up citing bulk buying of consumer staples and pharmacy products and netflix was slightly up this morning before giving up gains as a quarantine has forced many americans to stay at home with nothing to do but stream content or entertainment as a panic sells from algos accelerated the slides we're seeing tremendous dislocations in the market that don't really make sense the old mantra touted for the last 10 years of buy the dip is broken as every papa.