"We see the potential for a sharp rise in volatility around these events -- and all in the context of a still deteriorating Covid-19 situation across much of the U.S., Europe and elsewhere."
Once the link is broken between what the government must collect and what it can spend, who leads the nation is less consequential – at least to stock markets in the near-term.
With few other options available to struggling music venues across the U.S., SaveLive may be the best hope to save them from closing for good even if some in the industry aren't completely on board.
The fastest growers have almost never been more expensive and conversely the slowest growers have almost never been cheaper. Most importantly, the spread between the two has almost never been wider.
"...overreacting politicians have only exacerbated the situation... next time when we have a serious bear market it’s going to be the worst in my lifetime... "
In fact, in an extreme crisis, silver may be more practical than gold as a medium of exchange. A gold coin is too valuable to exchange for a basket of groceries, but a silver coin or two is just about right.
With the devastating impact and lessons learned from the 2007-2009 economic downturn still fresh on the minds of Wall Street, the current COVID market crisis has drawn a fair amount of comparisons to the Great Financial Crisis.
1) Big top, 2) Big not, 3) Big contrarian, 4) Big tells, 5) Big levels, 6) Big events, 7) Big inflation themes, 8) Big deflation theme, 9) Big dilemma, 10) Big change.
With its systemic exposure to the Eurozone, sterling is likely to be a casualty of the failure of the euro system and shares the monetary hyperinflation characteristics of the dollar...
