Economists expect new data to show all US jobs created since the Great Recession have been wiped out in just 4 weeks t.co/WGF3hS7UHF via @businessinsider
— Will Meade (@realwillmeade) April 15, 2020
It took one month of volatility to Annihilate any remaining semblance of Fed Credibility and independence.
— Paranoid Bull (@paranoidbull) April 16, 2020
The S&P PE was 9 at 2009 bottom
Today's it's 17
Amazing— Will Meade (@realwillmeade) April 15, 2020
Federal Reserve has encouraged moral hazard on a grand scale.
Chair Powell has gone from preaching about credit risks to buying junk bond fundst.co/edwX1lhDYh via @financialtimes
— Stare Decisis (@MsResJudicata) April 15, 2020
the real shock will be when the economy is asked by Trump and co to stand on its own two feet again, which it is not even remotely capable of doing. pic.twitter.com/UMrlGeKdYa
— hks55 (@hks55) April 14, 2020
We are heading for a depression, if not already in one. Why? Because @realDonaldTrump is keen to take to the streets and celebrate our good fortune. And that will be our final undoing. pic.twitter.com/wTfYuHQxt0
— hks55 (@hks55) April 14, 2020
TBD how transparent the Fed will be this time around. 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.