Janet Yellen (With Popped Collar): ‘This Is A Huge, Unprecedented, Devastating Hit’
And, yes, her collar was popped.
Jamie Dimon Says This Crisis ‘Dramatically Different’. In ‘Adverse Scenario’, JPMorgan May Suspend Dividend
“Additionally, we have run an extremely adverse scenario that assumes an even deeper contraction”…
Lights And Long Tunnels.
“There is light at the end of the tunnel but it’s still a long tunnel”.
Eye Of The Tiger.
“One day at a time” is the mantra for now.
‘Internet Of Living Things’: How Marko Kolanovic Would Use Big Data To Save The World In Future Pandemics
“…in the age of big data, machine learning and internet of things, this could be different.”
March Madness: How The Treasury Market Blew Up
Over the past several weeks, central banks globally have been keen to emphasize the extent
‘A Lot Of Death, Unfortunately’, And One Curve You Don’t Want To Flatten
“A World War I or II or something.”
Trump Calls OPEC ‘Illegal’, Says ‘Tariff Man’ Could Make A Cameo If Necessary
“Oil is at a record low. It’s actually lower than you even think”.
Dark Days And Masked Men.
“Wearing a face mask as I greet presidents, prime ministers, dictators, kings, queens – I don’t know.”
Four Minutes From Mar-A-Lago, A Depression-Style Soup Kitchen
“…but you know, I thank God for it”.
Saudis Insult Putin For Lying About Oil Price Collapse, Jeopardizing Crucial OPEC+ Meeting
So, he’s lying, but what else is new?
One Possible Consequence Of COVID Crisis: A Rethink Of How Companies Finance Themselves
“The point of equity funding over debt funding is it does not need to be repaid.”
Relatively Speaking.
“It’s hard to get a straight answer from anyone right now”.
‘Beyond Grim’: Europe’s Services Sector Disappears Into ‘Black Hole’ Leaving Economists Speechless
“It’s increasingly difficult to find the words to describe the devastation”.
‘Some Are Going Bust’: US Services Sector On The Brink
“The coronavirus is affecting every aspect of business.â€
Leisure And Hospitality Industry Wipes Out Nearly 2 Years Of Jobs Gains In Single Month
“…most of the decline came in food services and drinking places”.
Stunning Jobs Report Shows 701,000 Lost Jobs. And The ‘Horror Show’ Is Yet To Come
If this is just the appetizer, imagine how bad the main course is going to be.
RSVP Plus One For A Virtual Cartel Meeting. And More Easing Nods From China.
These are your tangential storylines on Friday.
Four Months, One Million Infections, 349 Billion Dollars And ‘Everybody Working Together’
“These days everybody is working together.”
Carnivals And Pixie Dust.
Go figure.
The Day After Tomorrow: One Bank Sketches Pandemic ‘Exit Strategy’
It sounds like science fiction – but here we are.
‘I Never Thought I’d See Such A Thing In My Lifetime’: Jobless Apocalypse Stuns Nation
“Between 16 and 20 million jobs could be lost.”
Trump Says Mohammed Bin Salman, Putin To Announce Giant Production Cut, Sparking Insane Oil Rally
“I expect and hope that they will be cutting back approximately 10 Million Barrels”.
Jobless Claims Surge By Astounding 6.65 Million As Worst-Case Is Realized
Unfortunately (and incredibly) America did not avoid the worst-case scenario.
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