“The Bundesbank may thus no longer participate…”
Month: May 2020
Sharpen The Sabres: US-China Tensions Reach Boiling Point As Pompeo Branded ‘Evil Clown’
Bannon, the People’s Daily charged, is a “Cold War living fossil”.
Freight Trains.
Choose wisely.
As US Gears Up To Borrow $3 Trillion In 3 Months, Here’s The Truth On Government Spending
“Today, borrowing is voluntary, at least for countries with sovereign currencies.”
‘Trade War 2.0’ And The Empty Optimism Toothpaste Tube
“…potential negative surprises.”
Sell In May? Morgan’s Mike Wilson Says ‘No.’ Here’s Why…
“In an era of sound bites and headlines, it’s easy to forget why one really owns stocks…”
As Europe Wakes From Nightmare, Recovery To Be ‘Frustratingly Slow’
“… businesses that are able to restart will be running at low capacity, and will be operating in an environment of greatly reduced demand.”
Hong Kong Logs Deepest Economic Slump In History. Shares Have Worst First Day Of Month In 9 Years
“We are deep into recession.”
Bad Moon Rising?
Don’t go ’round tonight…
Pompeo Says ‘Enormous Evidence’ Links COVID-19 To Chinese Lab. Trump Waxes Biblical About ‘Great Plague’
“….And then came a Plague, a great and powerful Plague.”
Goldman: FAAMG Upside Now ‘Just 3%.’ Rest Of Market Has To Step Up
“I’ll have the S&P 500. And waiter, ask the kitchen to hold the oligopoly.”
The Fed May Have Already Saved Taxpayers $60 Billion In Averted Boeing Bailout
Critics will be critics, though.
Saudi Stocks Plunge Third Most In 11 Years After Finance Minister Warns Of ‘Painful’ Adjustments
“The kingdom hasn’t witnessed a crisis of this severity over the past decades.”
‘What Am I, Some Kind Of Oracle?’: Local Hedge Fund Manager Loses $50 Billion In Three Months
“Reply hazy, try again later”.
Royal Reckoning: Saudi Arabia Faces Daunting Reality After Crude Crash
Nothing says this has to dead end in some kind of dramatic fiscal fiasco, but…
America’s Meat Crisis Isn’t ‘Solved.’ It’s Just Getting Started.
“… we feel good about our ability to maintain a broad assortment of meat.”
Did The Bell Just Ring On The Bear Market Rally?
“…the hows and whys and ifs of what was once a crackpot leftfield are now out there actually being discussed.”
China Will Pay For Virus, Kudlow Warns. Swears America Won’t Intentionally Default On ‘Sacrosanct’ Debt
“Full faith and credit of the United States’ debt obligation is sacrosanct”.
Outright ISM Collapse Masked By Deliveries Anomaly For Second Month
Despite the headline “beat”, it’s awful.
Nomura’s McElligott: New US-China Fight Could Be ‘Dreaded Macro Shock-Down Catalyst’
Just when you thought it was safe…
Sell In May? Market Worries Trump On Crash Course For New War With China
“I’m not allowed to tell you that”.
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