“Governments will not be able to minimize both deaths from COVID-19 and the economic impact of viral spread.”
Category: economy
For One Bank, A Global Recession And A Bear Market Just Became The Baseline Forecast
“…it is much too early to declare this episode as being done.”
Virus News Worsens, Analysts Ponder ‘Severe’ Scenarios For US Economy
Of course, none of this means we should take Rick Santelli’s advice.
China Exports Sank 17% Amid Virus Lockdown, Delayed Data Shows
Ambiguity remains.
Jobs Report Blows Through Expectations, But Market Likely To View Numbers As Stale
The numbers are good, but things have changed and the situation is fluid.
Rick Santelli Has Coronavirus Solution: Deliberately Infect Everybody And Let Darwin Sort It Out
“But maybe we’d be just better off if we gave it to everybody”.
Harley Bassman: ‘The Pandemic Has Pulled Back The Curtain On The Downside Of Xenophobic Nationalism’
“Such a pity that a passport is not required for this virus to travel across borders.”
Wild Discrepancy Opens Up Between Key Gauges Of US Services Sector
Which one of you is lying?
Recession Ahoy?
Printing presses vs. pandemics.
ISM Manufacturing Hangs Tough, But Virus Concerns Are Pervasive
“Coronavirus continues to be front and center as a major supply chain risk to our company.”
Here Is The OECD’s Full Assessment Of The Threat From The Coronavirus
Including the “domino scenario”.
‘So, It Was Right Not To Buy The Dip’: Traders Warily Eye New Week As US Reports First COVID-19 Death
“…spilt milk, under the bridge”.
Something’s Gotta Give: Bonds Most Overbought Since LTCM, Consumer Sentiment At Cycle Peak
“Not to put too fine a point on it, but”…
Sure, It’s A Failed State. But You’ve Got $1,284 Comin’ Your Way!
When even helicopter money can’t save you…
‘A Tragic But Important Lesson’: In Germany, Fear Of Deficit Demon Collides With Recession Reality
“The problem is that they created a monster—literally erecting monuments to honor the zeroing out of deficits.”
Congrats Anti-Globalists! World Trade Just Logged Its First Full-Year Decline Since The GFC
And at just the wrong time…
‘Under Control’? Markets Wary As Virus Cases Rise, Hong Kong Exports Plunge, Japan Dives
“We took a hit yesterday”.
China’s Small- And Medium-Sized Companies Face Imminent Existential Crisis: Survey
“A tax reduction doesn’t help if you don’t even have income”.
‘Red Alert’: COVID-19 Scare Worsens Materially
A “crucial stage”.
‘V’ Is For ‘V-Shaped’: IMF Assumes China Will Be ‘Back To Normal’ In Q2
“We are also looking at more dire scenarios”.
‘There Is Quite An Evident Contagion’: Korea, Italy, Iran Outbreaks Stoke New Virus Worries
Stimulus efforts aren’t going to matter if people are confined to their homes or otherwise frightened of engaging in economic activities.
Stunning: Markit PMI Posts Wild Miss As 4-Year Expansion Abruptly Ends
And that, as they say, is that.
Don’t Read The Fine Print On Best German Factory PMI In 13 Months
“…the observed jump in the headline index flatters the sector’s current trajectory”.
Car Sales In World’s Largest Auto Market Collapse 92%
It would be comical were it not for the tragic human toll of the virus.
South Korea, Japan On Edge As Virus Spreads, Hits Economic Activity
“The coronavirus appears to have hit trade quite a bitâ€.
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