Bad News Everywhere, But Not A Care In The World.
“I think that at some point that’s going to sort of just disappear, I hope”.
“I think that at some point that’s going to sort of just disappear, I hope”.
On that happy note, the third quarter (and second half) of 2020 is underway.Â
Halfway through — glass half empty or half full?
“Administration officials have talked about inserting the federal government deep into the private sector”…
“They sent hundreds of thousands of people to this country to spread that virus”.
“But I don’t go around saying, ‘Oh, help me with my election”.
“We’ve got a long way to go and a short time to get there…”
“He stressed the importance of farmers”.
Markets wary as risks suddenly seem more real.
Factory gate deflation bites.
“It’s the same lobster”.
“I do not support invoking the Insurrection Act”.
“A red flag to a bull, even if it is bullish for assets”.
Protests and racial injustice may weaken the Trump administration’s hand with China at a crucial juncture.
Human rights take center stage in worsening spat.
“We have all along rejected a cold war mentality”.
“…we no longer have our freedom”.
The tail risk to end all tail risks?
“…ahead of schedule.”
Onward and upward for risk.
An “increasingly unstable and uncertain” world.
Besides the US reopening story, the only narrative that’s likely to matter going forward is…
The abandonment of the target speaks volumes about the scope of the damage inflicted by the pathogen.
“We are now experiencing a whole new level of uncertainty”.
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