“…progress on the next fiscal package remains elusive”.
Category: economy
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€.
From Europe To Japan To South Korea, Economic Gloom Is Pervasive
A reality check amid the equity market euphoria.
At 41 Million, US Jobs Lost To Virus Nearly Equal Population Of Spain
There was one bright spot in the report…
Bazookas Galore, Irrelevant Court Rulings, And What’s Next After Europe’s ‘Essential Day’
“We must go quickly and adopt this ambitious agreement”.
234 Trillion Yen. That’s A Real Number, Apparently.
“Mind-spinning”.
Euphoria Now. But Three Fiscal Cliffs Loom Large
Hopefully, Mitch McConnell can be convinced.
What $600 Billion In AUM Sees For The Post-COVID World, And Why One Bank Thinks Full MMT Is Unlikely
“What are the likely structural shifts post-pandemic?”
World Trade Shrank Most Since GFC In March, Just Ahead Of Virus Lockdowns
March’s monthly decline means world trade shrank for three months straight headed into pandemic protocol.
Reopening Optimism Trumps All Other Considerations As Equities Climb Wall Of Worry
“…it does not take much analytical skill to predict a much stronger slump in the second quarter”.
You must be logged in to post a comment.