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

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

Governors Say Massive Federal Stimulus Deal Falls Short

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

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

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

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

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

S&P downgrades Ford shares to junk status

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

The Safest Place for Your Money – YouTube

www.youtube.com/watch?v=jdjzIaEDTnw

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

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

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

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

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

Federal Reserve Board – Recent balance sheet trends

www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

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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

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

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

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

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

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

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

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