How bad is it? Do we face another Great Depression, or simply a deep recession more like 2008? And equally important, are soft Americans prepared for either?

by Jeff Deist via Mises How bad is it? That is the question on everyone’s mind as we come to grips with the economic carnage caused by global economic shutdowns, supply chain disruptions, and ongoing quarantines of million of people. Do we face another …

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EURUSD – Major forces about to be unleashed! When current correction (abcde) finalizes – which will happen soon – the coming crash will send shock waves through global economy.

#EURUSD Major forces about to be unleashed! When current correction (abcde) finalizes – which will happen soon – the coming crash will send shock waves through global economy. Fast decline to ~0.98 and later this year further decline to target …

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Kyle Bass – “Investors should prepare for a U.S. “economic depression,””… Stanley Druckenmiller – “The consensus seems to be don’t worry, the Fed has your back. There’s one problem with that, our analysis says it’s not true.”

https://twitter.com/hks55/status/1260387077524459525 Bankruptcies coming pic.twitter.com/wmkxwJ9V8o — Win Smart, CFA (@WinfieldSmart) May 12, 2020 https://twitter.com/Ben__Rickert/status/1260389863850827777 Hedge Fund legend Stan Druckenmiller says Risk-Reward in stocks is worst he’s seen. Says the prospect of a V-shaped recovery in the US is “a fantasy.” Says …

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Boycott China

China Factory Deflation Deepens in April as Recovery Stallshttps://t.co/OM9rvdDDbi — EndGameWW3 🇺🇸 (@EndGameWW3) May 12, 2020 Trump Cutting Retirement Investment Ties Between U.S. And Chinese Equities President Donald Trump is cutting investment ties between the United States and Chinese equities, …

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The Great Reopening Gamble

by Patrick Watson We knew the April US jobs data would be ugly. Speaking on ABC’s “This Week” program last Sunday, Minneapolis Federal Reserve Bank President Neel Kashkari predicted “the worst is yet to come.” Kashkari is right; this won’t get better …

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