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Day: March 25, 2020

Meanwhile, In Singapore, A Rough Week Gets Worse

Meanwhile, In Singapore, A Rough Week Gets Worse

March 25, 2020March 25, 20203 min read

Coal mine canary.

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1 Comment on Meanwhile, In Singapore, A Rough Week Gets Worse
China’s $941 Billion Wealth Fund Cut Risk Parity Assets In Half Days Before Rout Worsened: Report

China’s $941 Billion Wealth Fund Cut Risk Parity Assets In Half Days Before Rout Worsened: Report

March 25, 2020March 26, 20204 min read

Good timing.

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3 Comments on China’s $941 Billion Wealth Fund Cut Risk Parity Assets In Half Days Before Rout Worsened: Report
Stephanie Kelton: This Is The Lesson Of The $2 Trillion Virus Stimulus Bill….

Stephanie Kelton: This Is The Lesson Of The $2 Trillion Virus Stimulus Bill….

March 25, 2020March 26, 20204 min read

“The reality is that there is almost always enough slack in the economy to allow for an expansion of federal spending (or tax cuts) without offsets”.

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10 Comments on Stephanie Kelton: This Is The Lesson Of The $2 Trillion Virus Stimulus Bill….
Out Of Adjectives.

Out Of Adjectives.

March 25, 2020March 25, 20204 min read

Crazy times, historic moves.

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6 Comments on Out Of Adjectives.
Ben Bernanke: Virus Recession More Like Big ‘Snowstorm’ Than Great Depression

Ben Bernanke: Virus Recession More Like Big ‘Snowstorm’ Than Great Depression

March 25, 2020March 25, 202016 min read

“This is a very different animal”.

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6 Comments on Ben Bernanke: Virus Recession More Like Big ‘Snowstorm’ Than Great Depression
Coming Unemployment Crisis Plunges America’s Newly Jobless Into ‘Kafkaesque’ Nightmare

Coming Unemployment Crisis Plunges America’s Newly Jobless Into ‘Kafkaesque’ Nightmare

March 25, 2020March 25, 20205 min read

“We’ve never seen anything like it”.

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4 Comments on Coming Unemployment Crisis Plunges America’s Newly Jobless Into ‘Kafkaesque’ Nightmare
‘Back-Of-The-Envelope’ Math From St. Louis Fed Shows US Unemployment Rate Surging To 32%

‘Back-Of-The-Envelope’ Math From St. Louis Fed Shows US Unemployment Rate Surging To 32%

March 25, 2020March 25, 20205 min read

“These are very large numbers by historical standards”.

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2 Comments on ‘Back-Of-The-Envelope’ Math From St. Louis Fed Shows US Unemployment Rate Surging To 322
Going ‘Through Hell’

Going ‘Through Hell’

March 25, 2020March 25, 20203 min read

Meanwhile, on the pandemic front…

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6 Comments on Going ‘Through Hell’
$2 Trillion.

$2 Trillion.

March 25, 2020March 25, 20204 min read

“Absolutely, absolutely, absolutely”.

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4 Comments on $2 Trillion.

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