Global trade was falling off a cliff looooooong before Covid-19 hit the world.
H/T @themarketear pic.twitter.com/A27lQ6Wtcx
— M/I_Investments (@MI_Investments) June 6, 2020
The Fed is about to launch a $600 billion gambit to save swaths of U.S. businesses and tens of millions of jobs. Wall Street is far from confident the Fed can pull it off https://t.co/uHziVgH9zZ
— Bloomberg Markets (@markets) June 6, 2020
MOST HOUSEHOLDS ARE NEAR BROKE pic.twitter.com/dtgbOJKORQ
— Win Smart, CFA (@WinfieldSmart) June 6, 2020
— M/I_Investments (@MI_Investments) June 6, 2020
"The American Bankruptcy Institute said Thursday that U.S. Chapter 11 bankruptcies in May ballooned by 48% compared to a year ago."https://t.co/AuAWeC2eE1
— Win Smart, CFA (@WinfieldSmart) June 6, 2020
How the world can ‘reset’ itself after #COVID19 – according to these experts https://t.co/LyPzMGG8J3 #coronavirus #TheGreatReset pic.twitter.com/yngcWNSVfL
— World Economic Forum (@wef) June 6, 2020
The global COVID-19 pandemic is NOT OVER. IT IS ACCELERATING: Unprecedented 130.4k new positive tests on June 3.
In Europe, at least, you could say it is slowing.
In US it is NOT.
In both Lat Am and Asia it is accelerating alarmingly! https://t.co/XOKFI1YYVb pic.twitter.com/SeSDXgfcuy— Adam Tooze (@adam_tooze) June 6, 2020