-What would Keynes do? -Trump intervention, Chinese buying spree, gives markets a push. Trump giveth and Trump taketh away. A presidential warning on the possible US death toll from COVID-19 spooked markets early Wednesday, though his let’s-make-a-deal comments on oil production sparked a major rally some 24 hours later. With large swathes of the US … More The Daily Dose
Risk level: RED RED: Severe (+/- 4%) ORANGE: High (+/- 3%) YELLOW: Elevated (+/- 2%) BLUE: Guarded (+/- 1%) THE BOOSTER SHOT Kemp: Things may be full in a couple months Trump shot the hare. US crude oil prices at one point in pre-market trading dipped below $20 per barrel and the casual asides last … More The Masterstroke of the Strong
-US jobless claims came in a 3.2 million. Let that sink in. -The global economy is on war-time footing The economic crisis triggered by the coronavirus is an existential one. The chairman of the US Fed said Thursday the world’s largest economy may be in recession already, though it may be a voluntary recession to … More The Daily Dose
The GERM Report 