“…there will never be any serious attempt to reverse policy stimulus.”
Category: economy
Household Net Worth Suffers Biggest Drop In History While Business Debt Explodes Most On Record
This is what it looks like when the “wealth effect” slams into reverse.
‘CHAZ’: Seattle’s New Autonomous Zone Shows A Nation ‘Fed’ Up
“Let them eat stocks”.
Jobless Claims Refute ‘V-Shaped Comeback’ Meme
Not exactly indicative of “the greatest comeback in American history”.
‘Reality Repression’: Markets Witness Biggest Disconnect In Modern History
“Nothing else matters”.
Coronavirus Throws Off Another ‘First Time Ever’ Moment For Economy, As Inflation-Deflation Debate Rages
It’s all noise – until it isn’t anymore.
‘Without Precedent In Living Memory’: Here Is The OECD’s Foreboding 2020 Outlook
“Extraordinary policies will be required to walk the tightrope towards recovery.”
Meanwhile, In The World’s Second Largest Economy…
Factory gate deflation bites.
Will Trump Let Republicans Jeopardize His Reelection By Refusing More Virus Relief?
“…progress on the next fiscal package remains elusive”.
Chapter 11 Bankruptcy Filings Just Surged 168% In One Week. Here’s Why…
Blame it on the bakeries.
Rethinking The Narrative
Who’s buying the “V-shaped” story?
There Can Be No Change.
We are powerless to change the narrative.
‘I Fell Off My Chair. We Need To Massively Revise Projections’: Market Stunned By US Jobs Report
“There will naturally be some doubt lingering about these figures”.
Rewrite The Script: Unemployment Rate Drops, As US Labor Market Stages Dramatic Rebound
An astonishing turnaround.
Red Ink, Too Much Cash, And A Witches’ Brew
The chances of meaningful change are slim. I can’t disagree. But “there are plenty of things to buy”.
‘Silver Lining’ Disappears In Jobless Claims (Imagine That)
42.6 million and counting.
Six Months From Now, We’ll Know Who Was Disastrously Wrong
Extreme scenarios and the peril of screwing it all up.
Socialism For The Rich: The Biggest Names In Finance Are Stone, Cold Hypocrites
Where’s your damn free lunch?Â
In 2020, ‘Winning’ Means Only Losing 2.8 Million Jobs In A Month
Another reason to believe in a “V-shaped” recovery?
Green Shoots From The Smoldering Ashes
A few visuals help explain cautious optimism.
It All Burns Down.
“A red flag to a bull, even if it is bullish for assets”.
Manufacturing Gauges Rendered Meaningless In COVID Crisis Suggest Economy Still Pretty Bad
“Two cautious comments for every one optimistic comment”.
Cultural Breaking Point Threatens To Upend Fragile US Economy At Worst Possible Time
This is a potential body blow.
It’s Not The Economy, It’s The Liquidity, Stupid.
If there’s anything we probably should have learned post-2008…
America’s Big Bankruptcy Questions: Who, When And How Many?
We need to “have humility about how much predictive power our past experience gives us in the face of the current crisis.”
Americans Now A Frugal Bunch As Savings Rate Surges To Unthinkable Heights In Consumption Plunge
“…we could experience the same sort of private-sector savings surplus seen during a balance sheet recessionâ€.
You must be logged in to post a comment.