In 08' we bailed out the banks. in 20' we are bailing out ENTIRE industries. What is it called when public funds are used to bail out industries? THE DEATH OF CAPITALISM… GM
— Gregory Mannarino (@GregMannarino) March 14, 2020
2008 playbook again https://t.co/kSXENrYh87
— Matt Thompson, CFA (@dynamicvol) March 15, 2020
Deficits are going to skyrocket globally. Will that huge need for debt cause QE to be aimed only at bond mkts?
In other words, does any new global QE 💰that used to leak into stocks (Portfolio Balance Channel) now need to remain in bond mkts + what does that mean for stocks?🤔 pic.twitter.com/D7U5GVBBbb
— M/I_Investments (@MI_Investments) March 15, 2020