If you really think a 100bp risk premium is a fair payment for taking corporate risk on a name one step away from junk in the face of this looming recession... then I have some bonds you really should buy.
"A lot of investment professionals as well as retail investors are on the sidelines partially because they are waiting for this second stimulus package."
The mutation "is said to have a higher possibility of transmission or infectiousness, but we still don’t have enough solid evidence to say that that will happen,"
Senior editor, Ash Bennington, is joined by editor, Max Wiethe, to talk gold, stocks, housing, and New York. After Ash analyzes the dismal Empire Manufacturing…
"This was a May of 1942 moment: things couldn’t have looked bleaker, yet what’s followed a historic collapse in risk assets has been a historic recovery."
With only 56 trading days and fewer than 80 calendar days to the election, the Deep State camps seeking to torpedo Trump's re-election have reached the do-or-die point...
In a typical recession, consumer spending on goods (retail sales) bears the brunt of the decline, while spending on consumer services often posts modest gains. But sales patterns have flipped flop in the current downturn.
...we are now witnessing the cataclysmic ending of the Keynesian fallacy - the destruction of macroeconomics in a systemic failure centered on paper markets for gold and silver...