Imagine Fed’s surprise when they realise that another Deflationary Bust is developing…. despite flooding the system with money….! https://t.co/NYZkvXlLxG
— Henrik Zeberg (@HenrikZeberg) May 21, 2020
Again.
The Fed just bought another $80b in mortgage backed securities.
It accounted for 77% of their stimulus this week.
Something is clearly going on in the real estate market.
Where there is smoke there is fire. pic.twitter.com/iEkLmovU9D
— Otavio (Tavi) Costa (@TaviCosta) May 21, 2020
Central banks’ interventions in the pandemic economy are unprecedentedly vast—and not nearly enough.
How many Americans lost their jobs in just 2 months ➡️ 40,000,000
Billionaire wealth increase in same 2 months ➡️ $434,000,000,000
The system is rigged, folks.
— Robert Reich (@RBReich) May 21, 2020
https://twitter.com/NorthmanTrader/status/1263574588220456962
https://twitter.com/hks55/status/1263567052628951040
#recession … #GFC2 edition
We're now living in Keynes's "long run"… 📉 https://t.co/sHQdXLTBpP
— Invariant Perspective (@InvariantPersp1) May 21, 2020
https://twitter.com/QTRResearch/status/1263571770264748032