It’s Time To Sink The US Oil Fund In The Harbor.
Let’s face it..
Tyson Delivers Shrill Warning. Says Food Supply Chain ‘Breaking.’ Shortages, Mass ‘Depopulation’ Imminent.
“Millions of animals – chickens, pigs and cattle – will be depopulated.”
Good Vibes, Bad Oil And Chinese Non-Profits
It wasn’t all good news, though.
Bank Of Japan Takes Gloves Off. Says ‘No Limit’ On Bond Buying
“Necessary amounts.”
Bazooka Show.
If you’re in the camp that is genuinely offended by monetary largesse, this is going to a rough six months for your sanity.
‘Mad’ Mike Hughes, Flat-Earthers And Intravenous Clorox Theory
The Flat Earth Society has members all around the globe. (a tweet posted by The Flat Earth Society)
In Potentially Pivotal Remarks, Cuomo Sketches Reopening Plan For New York
But “there is no relative context to death.”
Less Demand, More Supply. Some Fear Wave Of Equity Sales As Buybacks Collapse
And we don’t need any more headwinds, that’s for sure.
Steve Mnuchin On Deficit, National Debt: ‘We’re At War, Chris’
“And we’re gonna do whatever we need to do”.
Goldman’s Warning: Market Concentration Now Exceeds Tech Bubble Peak
“Eventually, though, narrow market breadth is always resolved the same way.”
Blown-Up Risk Models And Decimated US Drilling: Insane Week In Oil Leaves Trail Of Destruction
Historical precedent is no longer useful.
Bad Setup: Just Before Pandemic, World Trade Did Something It Hasn’t Done Since The GFC
One more time: There is never a “good†time for a pandemic, but…
Gray Roots, Immunity Passports And A Warning From WHO
“I had to wear a hat everywhere I went.”
As Fed Cuts Bond Buying With Balance Sheet Near $7 Trillion, Some See ‘Unqualified Good News’
Signs of stress are abating. For now, anyway.
As Much As 25% Of America’s Meat Production Is Offline. Looming Shortages Show COVID’s Inflationary Side.
“…more lives will be lost, more workers will be exposed, and our food supply will face jeopardy.”
Americans Think COVID-19 Is ‘Cyclical’, Not Systemic. Safe Assumption, Or Not So Much?
“…it could be a false dawn and a bad omen all rolled up into one”.
Meanwhile, In Zurich: SNB Reminds You Massive Stock Holdings Sometimes Suffer Huge Losses
“Strong fluctuations are therefore to be expected.”
Well, Is There A Future Or Isn’t There?
“Yeah, sport, I know there’s a blizzard.”
Albert Edwards: ‘Ludicrous’ To Assume Central Bank Liquidity Is ‘Compelled’ To Boost Stocks
“Liquidity will flow into whatever momentum trade emerges as the winner.”
The Financial Media Ignored Marko Kolanovic On New York’s Coronavirus Outbreak. It Was Society’s Loss.
Stocks are learning to “look through” and otherwise “write off” the worst data in the
Collapse In Vol Of Vol Shows ‘Grab For Tails’ Out Of Steam, Nomura’s McElligott Says, As Stocks Try To Normalize
“If you’ve learned anything post-crisis…”
No Such Thing As Hyperbole As US PMIs Sprint Towards Cliff, Dive Off
For the first time (maybe ever) it is literally impossible to overstate the scope of the malaise.
‘Less Than Half Of Working Age Americans Will Be Earning A Wage Next Month’, One Bank Warns
Another “sobering” stat and what it means for the political landscape.
America’s Unemployment Nightmare Continues As Virus Claims 26.5 Million Jobs
Remember: These are people not numbers.
‘Worse Than That Thought Imaginable’: PMIs In Eurozone, UK Take A Turn For The Surreal
“…output sometimes shrank into almost nothing.”
Breaking Down ‘The Biggest Global Bailout In History’
“Whether the stimulus is remotely enough remains to be seen”.
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