Fauci Confuses Tapper’s Virus Question, Clarifies US Could Have 200,000 Deaths, ‘Millions’ Of Cases
“You could so easily be wrong, and mislead people.”
In Europe, Indefinite Lockdowns, Spiraling Death Tolls. In The US, A ‘Totally Bizarre’ Soap Opera
“I can’t make an accurate prediction”.
This Is ‘The End Game Of The Great Debt Super Cycle’ And Scott Minerd Sees Just One Way Out
“We are experiencing the end game of the great debt super cycle”.
Ebbs And Flows.
Historic outflows, daunting headlines and a rebalancing bid.
‘Don’t Call The Woman In Michigan’: Trump Gambles On Governor Attacks Amid Virus Response Push
“I mean, I’m a different type of person.”
Bazooka Stimulus, Buying Time And Virus Utilitarians
“I want to take actions that will provide a concentrated, short-term boost in demand”.
Where’s The Floor?
“The scale of the policy panic is astonishing.”
Good News, Bad News And Wasted Time
“Always a mess.”
Have We Seen The Worst Of The Dollar Delirium? Asking For The Entire World
One more time: It’s much safer out there when the dollar isn’t going vertical.
Bond Bubble Bursts In ‘Stunning’ Outflow Deluge. BofA Bull & Bear Indicator Hits 0.0
“The liquidation vortex”…
Bazookas Of The North And Tough Indians.
Canada slashes rates to the lower bound, launches QE. India moves to dodge collapse.
Boris Is Positive As Coronavirus Stalks Downing Street. Spain Has Deadliest Day Yet. ‘America First.’
“I was at a hospital where I think a few there were actually coronavirus patients and I shook hands with everybody.”
Is It Over Yet?
“We’d just as soon it could be over”.
Profits At China’s Industrial Firms Plunge A Laughable 38.3% Thanks To Annoying Virus
More smoldering wreckage.
US Passes China For Most Coronavirus Cases During Trump Press Conference
“You don’t know what the numbers are in China.”
$586 Billion In Five Business Days: Fed’s Balance Sheet Balloons To $5.25 Trillion
Unlimited Fed buying versus a deadly, highly contagious respiratory infection. Pick a winner.
Donald Trump Has A Virus Plan.
“A number of our fellow citizens have tragically succumbed to its ravages, while many more are fighting for their lives.”
‘Nuclear’ Stimulus Bombs, No Entry To China And The Dow’s New ‘Bull Market’
“It’s not even a bazooka”, Jones went on to say. “It’s more like a nuclear bomb”.
Nomura’s McElligott Talks Flow Catalysts As VaR Shock Fades, Markets Eye Stimulus, Recession
“…despite everybody knowing this is just the beginning of a horrific few months of data to come.”
Record Surge In Jobless Claims Suggests Unemployment Rate Rose More This Week Than Any Monthly Gain In US History
“[That] would raise the unemployment rate by more than half, by 2 percentage points from 3.5% to 5.5%, moving back to 2015 levels in just one weekâ€.
Jerome Powell To NBC: ‘We’re Not Going To Run Out Of Ammunition. That Doesn’t Happen.’
“Essentially, the answer to your question is ‘no'”.Â
Mario Draghi: This Is A ‘Biblical’ Crisis. It’s ‘War’. Scrap The Rules, Cancel The Debt, Lend To Everyone Right Now.
“Much higher public debt levels will become a permanent feature and will be accompanied by private debt cancellation.”
Just ‘Trying To Go Up’.
“Markets are all over the place at the moment – and currently trying to go up”.
Meanwhile, In Singapore, A Rough Week Gets Worse
Coal mine canary.
Stephanie Kelton: This Is The Lesson Of The $2 Trillion Virus Stimulus Bill….
“The reality is that there is almost always enough slack in the economy to allow for an expansion of federal spending (or tax cuts) without offsets”.
Out Of Adjectives.
Crazy times, historic moves.
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