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 complains it’s the target of economic war -IMF sees recovery by 2021 if policymakers can get it right Just as isolation forced parts of the economic machine to shut down, Russia seems to be left with no choice but to call for production cuts to stem the glut. Storage facilities are already approaching peak … More The Daily Dose
-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 