A somewhat inauspicious start.
Month: March 2020
China Eases Big, Delivers Large Cut To 7-Day Reverse Repo Rate
If you were looking for a sign…
This Is Not An Economic Crisis With Social Consequences. It’s A Social Crisis With Economic Consequences.
“What is happening is not a financial crisis or an economic downturn caused by the endogenous workings and self-sabotage of the capitalist system.”
Trump Abandons Easter ‘Economic Resurrection’ Goal, Cites Worst-Case 2.2 Million Virus Death Toll
“When I heard that number today – first time I’ve heard that number”…
‘We’re About To Find Out If It’s Enough’: Everything Policymakers Have Done To Bail Out A Sick World
“There are no ideologues in financial crises.”
The Great Petrostate Panic.
Trouble in petro paradise.
Fauci Confuses Tapper’s Virus Question, Clarifies US Could Have 200,000 Deaths, ‘Millions’ Of Cases
“You could so easily be wrong, and mislead people.”
In Europe, Indefinite Lockdowns, Spiraling Death Tolls. In The US, A ‘Totally Bizarre’ Soap Opera
“I can’t make an accurate prediction”.
This Is ‘The End Game Of The Great Debt Super Cycle’ And Scott Minerd Sees Just One Way Out
“We are experiencing the end game of the great debt super cycle”.
Ebbs And Flows.
Historic outflows, daunting headlines and a rebalancing bid.
‘Don’t Call The Woman In Michigan’: Trump Gambles On Governor Attacks Amid Virus Response Push
“I mean, I’m a different type of person.”
Bazooka Stimulus, Buying Time And Virus Utilitarians
“I want to take actions that will provide a concentrated, short-term boost in demand”.
Where’s The Floor?
“The scale of the policy panic is astonishing.”
Good News, Bad News And Wasted Time
“Always a mess.”