“In bear markets, stocks return to their rightful owners.” – J.P. Morgan

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 … Read more

Reddit is introducing a new feature whereby people will be able to anonymously report anyone deemed “suicidal”. This report will be forwarded to a “Crisis Counselor” service that admits working with the FBI.

by jeanfrancois111 Oh, and of course you can’t opt-out. https://old.reddit.com/r/modnews/comments/fdh4rr/announcing_our_partnership_and_ama_with_crisis/ Sort that thread by controversial to find out what actual depressed/suicidal people think of this. Here are interesting excerpts from the OP: As part of our partnership, we’re hosting a joint AMA between Reddit’s group product manager of safety u/jkohhey and Crisis Text Line’s Co-Founder & Chief … Read more

What will happen to house prices now?

by Shaun Richards I thought that I would end this week with a topic that we can look at from many angles. For example the first question asked by the bodies that have dominated this week, central banks, is what will this do to house prices? Well in ordinary times this weeks actions would have … Read more

Wall Street is begging for a Fed bailout

Wall Street is begging for a Fed bailout. Current Fed target rate: 100-125 (after cutting by 50bps this week!) Fed rate probabilities for March 18 meeting: ▪️ 25-50bps: 67.1%▪️ 50-75bps: 32.9% This is truly sad. pic.twitter.com/RnNyDkDGkz — Hedgeye (@Hedgeye) March 6, 2020 #Apple tells ALL its 12,000 staff at the Cupertino HQ to work from … Read more

Lebanon is highly likely to default on a $1.2 billion, 10-year #eurobond that matures March 9. Even if it makes that payment…

"#Lebanon is highly likely to default on a $1.2 billion, 10-year #eurobond that matures March 9. Even if it makes that payment, the country's #finances are near collapse." From @emmleeclaire, @Ryan_Bohl & Michael Monderer. https://t.co/FbtA8iplRv pic.twitter.com/aYzFv1hM3j — RANE (@RANEnetwork) March 6, 2020