Layoffs that just a month ago were labeled “temporary” are now being tagged “indefinite” or “permanent.”

Layoffs that just a month ago were labeled “temporary” are now being tagged “indefinite” or “permanent.” https://t.co/0QKwEOmtuz — Lisa Abramowicz (@lisaabramowicz1) May 6, 2020 Although Covid-19 fatalities in the U.S. haven’t started to trend down yet, economists are beginning to see signs …

READ MORE

Disinflationary: You can bring a horse to water but you can’t make it drink. We’re near the nobody saw it coming moment.

Disinflationary. You can bring a horse to water but you can't make it drink. Fed balance sheet soars, but M1 and M2 growth remain significantly below. pic.twitter.com/YjzeoW8ZU5 — Daniel Lacalle (@dlacalle_IA) May 5, 2020 https://twitter.com/ChrisMCouch/status/1257653061461389313 The world is swimming in …

READ MORE

Robots and cameras: China’s sci-fi quarantine watch… Russia to use helicopters, drones to monitor… Cellphone monitoring spreading.

Robots and cameras: China’s sci-fi quarantine watch Robots delivering meals, ghostly figures in hazmat suits and cameras pointed at front doors: China’s methods to enforce coronavirus quarantines have looked like a sci-fi dystopia for legions of people. Authorities have taken …

READ MORE

“In a solvency crisis, companies can’t survive no matter how much they can borrow: they need more revenue. The Fed can’t solve that.” —Greg Ip, @WSJ

Drowning in a sea of liquidity. “In a solvency crisis, companies can’t survive no matter how much they can borrow: they need more revenue. The Fed can’t solve that.”—Greg Ip, @WSJ https://t.co/QehaXr9wdC — Daniel Lacalle (@dlacalle_IA) May 2, 2020 Is …

READ MORE