ISM ‘Beat’ Is Fake News On Delivery Time Distortion. New Orders Say Plunge Is Matter Of Time.
The headline index is being artificially boosted by a surge in the supplier delivery times.
Category: Markets
‘Somber Again’
Facts and science can be depressing at times.
Will A Wave Of Hedge Fund Redemptions Cause A ‘Double Dip’ For Stocks?
“…during Lehman, unprecedented HF redemptions played a big role in propagating the equity and credit market declines”.
Jeff Gundlach Held A Webcast About Sinks. He’s Bearish.
“It contains many layers of meaning”.
Nomura’s McElligott Weighs In On Trump’s $2 Trillion ‘New Deal 2.0’
“Now of course this is all coming into the expected ‘peak COVID’ shock”…
Manny Friedman Suspends Redemptions In Credit Fund Citing Frozen, ‘Nonfunctioning’ Markets
“Market participants fear extreme and irreversible damage”.
Fed: Stop Selling Treasurys Into An Illiquid Market
“This facility should [provide] an alternative temporary source of US dollars other than sales of securities in the open market”.
Goldman’s New GDP Prediction And QR Virus Codes In Moscow: Welcome To Your Dystopian Future
“It’s been miserable on so many levels.”
‘Where We’re Going, There Are No Roads’: Revolvers, 12-Sigma Plunges And Reluctant Swipers
$162 billion in revolver draws, a warning from Visa and a 12 standard deviation plunge in one bank’s activity gauge.
‘Sudden Declines’, ‘Gone In A Flash’
Can you laugh in the face of danger?
How Bad Will It Get? America’s Unemployment Crisis Set To Spiral, According To Some Estimates
Now that is quite something.
As Economic Confidence Collapses In Europe, Germany Pays Workers To Stay Home
The difference is that “all these workers are all still employed”.
‘The Largest Economic Shock Of Our Lives’: Goldman Says Oil Demand To Plunge 25% Near-Term In ‘Game-Changing’ Crisis
“…carbon-based industries sit in the cross-hairs as they have historically served as the cornerstone of social interactions and globalization”.