Do you think that this will cause a COLLAPSE? Or it will reverse and we’ll be better off in a couple months?
There is absolutely no certainty right now. Everything is up in the air. Nowhere can they find a solution, particularly with a central bank. Trying to make individuals and businesses spend even more money at a time they should be more conservative is not going to fix anything. But as we look around the world it’s clear all central banks are moving in the same direction, down. They only have one option, print. And they’ll use it until the currency is confetti.
Assets: Total Assets: Total Assets (Less Eliminations From Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed
Repo and Reverse Repo Operations – Federal Reserve Bank of New York
UK interest rates cut in emergency move – BBC News
Not every bear market is accompanied by an economic recession, but chances are high
Squawk Box on Twitter: “”We have to get used to the fact that we are going into a global recession. Hopefully it will be short lived, but I can’t see how we will avoid a global recession,” says @elerianm. t.co/O1rttbx331” / Twitter
Pioneer of Wall Street Fear Gauge Says It’s Now Worse Than 2008
DBK.DE 5.11 0.23 4.80% : DEUTSCHE BANK AG NA O.N. – Yahoo Finance
China automakers seek government relief after February sales dive 79% on coronavirus – Reuters
OpenTable Data Center – Google Drive
open table country level.jpg (960×613)
open table global cities.jpg (1004×671)