Been waiting years to tweet this..
“In bear markets, stocks return to their rightful owners.”
– J.P. Morgan
— Ian Cassel (@iancassel) March 6, 2020
https://twitter.com/Alex10050409/status/1236082371734233089
“Yields plunging” headlines abound. Some yields are. But some are going the other way! And it’s the ones going the other way that matter! Does it matter if Fed Funds are at 0.0 or 0.5? No! Does it matter if credit gets downgraded and junk borrowers default? Yes!
— Jeffrey Gundlach (@TruthGundlach) March 7, 2020
Coronavirus hits US rail volumes https://t.co/UvUZsgwZky via @financialtimes Two of the most thought provoking people I know are quoted in this article – Peggy Dorf & Noel Perry. @LoadBoards
— Donald Broughton (@BroughtonDonald) March 7, 2020
https://twitter.com/yuriymatso/status/1235755471278985216
Damn, chill @business pic.twitter.com/VkecVj2xnA
— The Long View (@HayekAndKeynes) March 6, 2020