All US jobs created since the Great Recession have been wiped out in just 4 weeks; It took one month of volatility to Annihilate any remaining semblance of Fed Credibility and independence.

https://twitter.com/realwillmeade/status/1250573354727243778

It took one month of volatility to Annihilate any remaining semblance of Fed Credibility and independence.

— Paranoid Bull (@paranoidbull) April 16, 2020

https://twitter.com/realwillmeade/status/1250466974435618816

Federal Reserve has encouraged moral hazard on a grand scale.
Chair Powell has gone from preaching about credit risks to buying junk bond funds

https://t.co/edwX1lhDYh via @financialtimes

— Stare Decisis (@MsResJudicata) April 15, 2020

https://twitter.com/hks55/status/1250170735684976643

https://twitter.com/hks55/status/1250179739194667010

TBD how transparent the Fed will be this time around. https://t.co/vUFUwkgVi7

— Victoria Guida (@vtg2) April 15, 2020

The World Economy Is Now Collapsing: FT

Ninety per cent of all countries will experience negative growth in real gross domestic product per head this year, against 62 per cent in 2009, when China’s robust expansion helped cushion the blow.