47,000 Stores Close! How Many Will Reopen? Fed Balance Sheet Tops $5 Trillion!

Do you think that most of the stores that closed will reopen?

The economy is ruined. A sharp exaggerated recession is on now. Many believe it will be over very soon and an equally sharp rebound will occur. Stocks have already begun to price that in. Although the $2 trillion stimulus bill was by far the largest in history, even the governors of the US have complained it’s not nearly enough. The Fed is bailing everything in the financial industry out. Will they just monetize the helicopter money too?

 

What’s in the $2 trillion stimulus package – CNNPolitics

https://www.cnn.com/2020/03/25/politics/stimulus-package-details-coronavirus/index.html

Governors Say Massive Federal Stimulus Deal Falls Short

https://www.msn.com/en-us/news/politics/governors-say-massive-federal-stimulus-deal-falls-short/ar-BB11Ia3V

U.S. rent and retail wars have begun – Axios

https://www.axios.com/us-rent-retail-wars-begin-a7f03bc8-4280-4762-9984-0743b1f1ed37.html

U.S. Retailers Plan to Stop Paying Rent to Offset Virus Closures – BNN Bloomberg

https://www.bnnbloomberg.ca/u-s-retailers-plan-to-stop-paying-rent-to-offset-virus-closures-1.1411673

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https://www.zerohedge.com/s3/files/inline-images/retail%20closure%20timeline.jpg?itok=Re5o0mAL

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https://www.zerohedge.com/s3/files/inline-images/US%20airline%20pasenger%20traffic.jpg?itok=3dKBnGgo

S&P downgrades Ford shares to junk status

https://www.detroitnews.com/story/business/autos/ford/2020/03/25/s-p-downgrades-ford-junk-status/5084066002/

The Safest Place for Your Money – YouTube

https://www.youtube.com/watch?v=jdjzIaEDTnw

Negative rates come to the US: 1-month and 3-month Treasury bill yields are now negative

https://www.cnbc.com/2020/03/25/negative-rates-come-to-the-us-1-month-and-3-month-treasury-bill-yields-are-now-negative.html

Ben Bernanke sees ‘very sharp’ recession, followed by quick rebound

https://www.cnbc.com/2020/03/25/former-fed-chairman-ben-bernanke-sees-very-sharp-recession-followed-by-fairly-quick-rebound.html

Postal Service could shut down by June, lawmakers say | Miami Herald

https://www.miamiherald.com/news/coronavirus/article241470831.html

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https://www.zerohedge.com/s3/files/inline-images/fed%20purchases%20past%20week.jpg?itok=oKbJWjtH

Federal Reserve Board – Recent balance sheet trends

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

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https://www.zerohedge.com/s3/files/inline-images/foreign%20cb%20sales%202%20week.jpg?itok=cbKf7O04

Norway central bank cuts key rate to 0.25% from 1% in emergency move

https://www.cnbc.com/2020/03/20/norway-central-bank-cuts-key-rate-to-0point25percent-from-1percent-in-emergency-move.html

Gary Cohn: ‘Throw as much money as you can’ to stop economic fallout

https://www.cnbc.com/2020/03/25/gary-cohn-throw-as-much-money-as-you-can-to-stop-economic-fallout.html

The great CEO exodus of 2020 | Fortune

https://fortune.com/2020/02/26/the-great-ceo-exodus-of-2020/?xid=soc_socialflow_facebook_FORTUNE&utm_medium=social&utm_source=facebook.com&utm_campaign=fortunemagazine

Fired Americans Send Unemployment Websites Crashing Down

https://finance.yahoo.com/news/fired-americans-send-unemployment-websites-105208498.html

Distressed Debt Balloons to Almost $1 Trillion, Nears 2008 Peak

https://finance.yahoo.com/news/distressed-debt-balloons-almost-1-171644746.html

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https://s.yimg.com/ny/api/res/1.2/wWZ5Y.YaH26QLRmttzswIw–~A/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9MTIwMDtoPTY3NQ–/https://media.zenfs.com/en/bloomberg_markets_842/14b04e91a7f27ad522e3db287ae89cb1

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https://s.yimg.com/ny/api/res/1.2/QfKpWxJNxaQHj8R.6Bx7IA–~A/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9MTI4MDtoPTk2MA–/https://media.zenfs.com/en/bloomberg_markets_842/b53c51de82ec9d7e44728cf4fa702985

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https://www.zerohedge.com/s3/files/inline-images/bfm733E.jpg?itok=GEXZwruq