Volatility in equity markets, at a macro level, is reflexivity between credit and liquidity
A reckoning is coming in credit that has not been fully tamed by an excess supply of liquidity pic.twitter.com/Tj284tHhuR
— Christopher Cole (@vol_christopher) October 16, 2020
Borrowing Costs Contract as Lending Standards & Bankruptcies Climb to GFC Heights – @SoberLook @Quillintel pic.twitter.com/FOEPPiIuOz
— Rob Hager (@Rob_Hager) October 16, 2020
Global Money Supply and Bank Loans
(source:Yardeni) pic.twitter.com/UwJTTJ0MUy
— 𝕮𝖍𝖎 (@chigrl) October 16, 2020
World Bank Chief Economist Carmen Reinhart Says Financial Crisis Could Emerge From Pandemic
World Bank Chief Economist Carmen Reinhart said the coronavirus pandemic is turning into a major economic crisis and warned of the possibility of a financial crisis emerging.“This did not start as a financial crisis but it is morphing into a major economic crisis, with very serious financial