PANIC!!! pic.twitter.com/YbWiVJcZL8
— Randy Woodward (@TheBondFreak) March 12, 2020
Who's blowing up? https://t.co/VtyJJlo01n
— Randy Woodward (@TheBondFreak) March 12, 2020
If you're forced to toss in $1.5 trillion in liquidity in 2 days you know you're knee deep in a financial crisis.
And imagine if they can't markets green with that.
Then what?A lot at stake for Powell and his merry printing team.
— Sven Henrich (@NorthmanTrader) March 12, 2020
Stresses in global credit markets are intensifying https://t.co/XT8CrzcJkw via @business pic.twitter.com/bSdwcNaQul
— Paul Dobson (@paul_dobson) March 12, 2020
How many funds blowing up right NOW as we speak?
— MineForNothing (@minefornothing) March 12, 2020
'One in six US companies does not earn enough cash flow to cover interest payments on its debt. Such "zombie" borrowers could keep putting off the crunch as long as debt markets kept letting them refinance. But now a reckoning is coming.' https://t.co/9eMQFBnIFO pic.twitter.com/T26DcMRBu8
— Jesse Felder (@jessefelder) March 12, 2020
The Dow fell 9.58% at today's intraday low. That's the largest intraday percentage drop since 1987.
— Barron's (@barronsonline) March 12, 2020
Another sign of the market top 😂😂😂 pic.twitter.com/VFrfpPCUJr
— Wu-Tang Financial 🥑 (@Wu_Tang_Finance) March 12, 2020
Current levels of EM outflows exceed those seen during the 2013 taper tantrum and the 2008 global financial crisis. More on "sudden stops" in #emergingmarkets & the global economy amid #COVID19 from Chief Economist @RobinBrooksIIF: https://t.co/OgNhXTPhVl pic.twitter.com/EZ57i5yqyU
— IIF (@IIF) March 12, 2020