All Posts Tagged: covid-19
Growing up in Minnesota, I am very familiar with the cabin fever that can result from long winters and being stuck at home for months on end.
Before long you’re climbing the walls with boredom and dreaming of the places you will go and the things you will do when the weather breaks. The U.S. equity market rally at this point is feeling a lot like that these days.
The Federal Reserve, as lender of last resort, is stepping into the fixed income and credit markets to extent that has never been seen, even at the height of the global financial crisis more than a decade ago.Read More ›
The March employment report was shockingly bad. Seven hundred and one thousand jobs lost last month – more than 7 times higher than economists’ consensus forecast.Read More ›
For the first time since the Great Recession, people are again using words like “unprecedented” and “uncharted territory” to describe the current economic and financial environment as business shutdowns and layoffs quickly follow the virus’s spread around the world.Read More ›