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That was supposed to be a good thing because of the trade deal, remember?

"...we estimate that 42 percent of recent pandemic-induced layoffs will result in permanent job loss." 

Insurers now actually might turn you away flat out...

If the trade war restarts, "China knows how to respond, and it is able to retaliate quickly and inflict serious harm on the US economy."

Not even in Khruschev's wildest dreams did central planners ever conceive of anything so absolutely batshit insane as what is taking place in US "markets" right now.

Can Trump be re-elected with those numbers?

"There’s a paradox...Social isolation protects us from a contagious, life-threatening virus, but at the same time it puts people at risk for things that are the biggest killers in the United States..."

Friday's job report was ugly enough. The truth was far worse.

So far some 600 employers have "turned in" about 1,200 workers for not reporting to work on concerns of "Covid-19 fraud"...

"It’s absolutely astounding..."

Who would have thunk it...

Freight volumes have collapsed...

It was the lowest reading since FTR began tracking orders in 1996.

A sign the Coronavirus Recession to likely linger on & cut deeper even after nationwide reopening... 

Once the drug addict is hooked, you can’t just take the drug away...

But there are many we suspect who don't even want to hear this argument...

It can't get any worse...right? 

Will the China hawks' decoupling dream soon become a reality?

"Problem with deflation is... Why buy anything if you know it will be cheaper in the future..."

Deceased and incarcerated individuals do not qualify to receive Economic Impact Payments.