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America is shutting down over Coronavirus – but could this solution be worse than the problem?

Bazooka #1 was an epic dud. Here comes Bazooka #2.

"Prices of toilet paper and hand sanitizer will not rise enough to get inflation back to the Fed’s 2 percent objective any time in our forecast."

However, the market appears unimpressed.

"You're looking at one of the biggest negative jobs numbers that we've ever seen"...

Starting Friday, Dealers can get a loan from the Fed in exchange for Tesla shares...

Do these people know how to use them?

"Think of a number, then double it."

"This is the time when New Yorkers need to rally around each other and pick each other up, which is why I am committed to doing everything in my power to support our state's residents."

Over the weekend, the Port of Los Angeles has published its latest data about monthly container statistics. Surprising exactly nobody, it was very ugly.

"Our goal is to help flatten the curve on community spread..."

After 23 months in which there were more job openings that unemployed workers, this series is about to reverse with a vengeance, as posted openings crater and as hundreds of thousands of Americans suddenly find themselves without a job.

... and this was before the virus' impact.

"I don't know what my football future holds but it is time for me to open a new stage for my life and career."

Although we expect the recession to be front-loaded, with a recovery in H2, the risks remain on the downside...

The package would be mostly devoted to flooding the economy with cash, through a payroll tax cut or other mechanism...

New York's unemployment website was overwhelmed Monday as the coronavirus pandemic put tens of thousands of people across the state out of work.

"It’s clear that the modern supply chain, for all its efficiency and speed, is not equipped to deal with this kind of surge."

"Sending every American a $1000 check asap would be a good start..."

"We are seeing a significant increase in demand."