Gold is rising again after a pause for breath as monetary insanity meets recovery slowdown.

Gold is rising again after a pause for breath as monetary insanity meets recovery slowdown. pic.twitter.com/cJAKv2PqZ4

— Daniel Lacalle Official Account (@dlacalle_IA) October 9, 2020

Quote of the day:
"Within a day of tweeting he was calling off bipartisan talks for a coronavirus #stimulus deal, @realDonaldTrump phoned @GOPLeader and indicated worry by the #stockmarket reaction and wanted a #BigDeal with @SpeakerPelosi."
The #market is not YOUR JOB! pic.twitter.com/EHAkxUJDWA

— Lance Roberts (@LanceRoberts) October 9, 2020

Almost every economic indicator has somewhat bounced since the pandemic lows.

Fiscal deficit?

Still with the pedal to the floor.

Debt imbalances are piling up at an absurd pace. pic.twitter.com/PfpHWq2Vab

— Otavio (Tavi) Costa (@TaviCosta) October 8, 2020

https://twitter.com/HedgeyeDDale/status/1314186177289891842

Government debt as share of GDP.

United States: 107%
Canada: 89%
Argentina: 89%
Brazil: 75%
Bolivia: 57%
Ecuador: 49%
Colombia: 48%
Mexico: 45%
Chile: 27%
Peru: 27%
Paraguay: 22%
Cuba: 18%

— Win Smart, CFA (@WinfieldSmart) October 8, 2020