Do you think we’ll officially be in a global recession in 2-3 months time?

There has always been the assumption that the Fed will be there to backstop any losses. They have done this through buying toxic assets and bonds. This doesn’t resolve any issue whatsoever, but it gives the markets reassurance that the financial system can persist while the crisis simply continues. Make it known: The Financial Crisis never ended. This may be considered Part 2 but it’s simply a continuation. The weakness is apparent because the central bankers bought everything they were able to. This time however, they’ll go one big step further.

Markets: Indexes, Bonds, Forex, Key Commodities, ETFs

www.cnbc.com/markets/

US jobs report February 2020: nonfarm payrolls up 273,000; unemployment 3.5%

www.cnbc.com/2020/03/06/us-jobs-report-february-2020.html

Kudlow: Long term investors should think ‘about buying these dips’

www.cnbc.com/2020/03/06/kudlow-long-term-investors-should-think-about-buying-these-dips.html

The market now sees the Fed cutting by 75 basis points in March

www.cnbc.com/2020/03/06/the-market-now-sees-the-fed-cutting-by-75-basis-points-in-march.html

30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) | FRED | St. Louis Fed

fred.stlouisfed.org/series/MORTGAGE30US

mort 1_0.png (800×432)

www.zerohedge.com/s3/files/inline-images/mort%201_0.png?itok=qTgl7QSV

Assets: Total Assets: Total Assets (Less Eliminations From Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed

fred.stlouisfed.org/series/WALCL

Assets: Securities Held Outright: U.S. Treasury Securities: All: Wednesday Level (TREAST) | FRED | St. Louis Fed

fred.stlouisfed.org/series/TREAST

Assets: Securities Held Outright: Mortgage-Backed Securities: Wednesday Level (WSHOMCB) | FRED | St. Louis Fed

fred.stlouisfed.org/series/WSHOMCB

Six takeaways from Boston Fed President Eric Rosengren’s March 6 remarks at the conference “Current Monetary Policy: The Influence of Marvin Goodfriend” – Federal Reserve Bank of Boston

www.bostonfed.org/news-and-events/press-releases/2020/six-takeaway-remarks-from-the-conference-current-monetary-policy-the-influence-of-marvin-goodfriend.aspx

U.S. Yields Hurtle Toward Zero With Thin Market Stunning Traders

finance.yahoo.com/news/u-rates-hurtle-toward-zero-103400835.html

We are primarily funded by readers. Please subscribe and donate to support us!

lowest bond yield in 120 years.jpg (567×431)

www.zerohedge.com/s3/files/inline-images/lowest%20bond%20yield%20in%20120%20years.jpg?itok=nnK9JwEE

bond bubble pops.jpg (585×436)

www.zerohedge.com/s3/files/inline-images/bond%20bubble%20pops.jpg?itok=H9ch14E8

outflows_1.jpg (1201×465)

www.zerohedge.com/s3/files/inline-images/outflows_1.jpg?itok=K_Mmk1XO

we are in a global recession.jpg (1198×440)

www.zerohedge.com/s3/files/inline-images/we%20are%20in%20a%20global%20recession.jpg?itok=QWbOa4NU