Investment Watch Blog

https://twitter.com/L0gg0l/status/1236435821013630977 Kiss roughly a quarter of world’s eighth largest economy goodbye until April. https://t.co/zp1NA1Z2Gz — Danielle DiMartino Booth (@DiMartinoBooth) March 7, 2020 Seems like Italy leads the US by 2 to 3 weeks The Italian government is planning to lock down 16 million people, more than a quarter of its population, in the most sweeping … Read more

via WSJ: Quarantine, if approved, would ban movement into and out northern provinces, including Milan, Venice and Parma MILAN—The Italian government is planning to lock down 16 million people—more than a quarter of its population—including in Milan, the surrounding Lombardy region and 11 neighboring provinces, in the most sweeping steps any European country has prepared … Read more

This is what open borders policies look like. Welcome to Paris. https://t.co/KNyX2G1qdu — Ian Miles Cheong (@ianmiles) March 6, 2020  

via wfsb Amid a coronavirus outbreak in the United States, the US Centers for Disease Control and Prevention is encouraging older people and people with severe chronic medical conditions to “stay at home as much as possible.” This advice is on a CDC website that was posted Thursday, according to a CDC spokeswoman. Early data suggests older people … Read more

by Black Unit Ok, so we all know in the next few days friends and family will come to you asking advice on how or what to prep, or even worse, your family will invite you over to see their preps and they show you their 36 hour bug out bag they bought off Amazon and … Read more

https://www.bloomberg.com/news/articles/2020-03-07/saudi-aramco-slashes-crude-prices-kicking-off-price-war Hope none of you bought on this “dip”. Oil will continue to drill. Opportunities for a bounce will happen but you will need to be patient while Russia, SA and other OPEC countries go to war against US shale and each other. US Oil companies will fail if this turns out to be a … Read more

This is the first time that Beirut has defaulted on its nearly $90bn debt pile, on which it was spending around half of government revenues just to pay interest. It has around $30bn of foreign currency dominated debt. Source FT Edit: Added guardian’s coverage for those that can’t access FT     AC

by Alex Reason: More people know how to hedge the crisis/downturn. eg buy puts, vix, shorts. I believe some hedge funds probably hedges with repo funds that borrows from fed. liquidity is double edge sword now. bubble everywhere, not just stocks. fed cant handle all the crisis with less ammo than 08. for one thing, … Read more

by WikiTextBot https://www.sec.gov/Archives/edgar/data/1067983/000119312520064645/d853116d424b5.htm 0 is cheaper than storing $1,085,500,000 U.S. dollar equivalent in euro notes. It’s also more liquid. The Zero lower bound is below for zero for practical reasons. If the rates go too negative it becomes cheaper to just do like Scrooge McDuck and store physical cash in a Money Bin. Zero lower bound The Zero … Read more

by rawrtherapy https://www.usnews.com/news/health-news/articles/2020-03-06/the-latest-thailand-visitors-from-6-areas-must-report All the recent news and cancellations of the Coronavirus can be found with the link above it seems like they do a good job of updating Puts on Italy Shame whats going on over there though, really hope they fix it soon im starting to feel bad buying Puts and making money … Read more

by josiborg I’m in Walmart trying to buy my kid’s allergy formula when I find they are all out. Which is a little surprising because there’s really not a huge demand but it’s possible I just showed up at the wrong time. I talk to the customer service lady in the baby department who then … Read more