‘Barely Legal’
Dollars, dictators, Debbie downers and determined Democrats.
Dollars, dictators, Debbie downers and determined Democrats.
“Policymakers have never had to deal with such huge contraction in both demand and supply on this scale.”
The summer fade, and a possible bounce thereafter.
“Forced to consider the latter, let us not make the same mistake with our investments.”
Choose wisely.
Don’t go ’round tonight…
“An EM crisis is not an abstract possibility – it is the current reality”.
“…as investors’ focus turns to the real economy a reality check or two remains in the cards.”
“Pretty much everywhere you look, there is newfound optimism.”
Remember: The stimulus isn’t going away even if the virus does.
So, he’s lying, but what else is new?
“It’s hard to get a straight answer from anyone right now”.
“I expect and hope that they will be cutting back approximately 10 Million Barrels”.
“This is like a fire through dry grass with a strong wind behind it”.
A somewhat inauspicious start.
“I want to take actions that will provide a concentrated, short-term boost in demand”.
“The scale of the policy panic is astonishing.”
“Always a mess.”
“Markets are all over the place at the moment – and currently trying to go up”.
“…a key lesson is that major wars are staggeringly expensive.”
Praying for a deus ex machina.
We’re asking silly, rhetorical questions now.
Oh, the tragic irony.
“…the markets are working properly.”
And yet, through it all…
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