For all those wondering why the powers that be - certainly should Biden win the presidency - are rushing to enforce another full-scale lockdown of the economy, the answer is simple: they want to get even richer.
It’s a sad state of affairs... Occidental markets are pricing in QE Infinity, NIRP (Negative Interest Rates) and further stimulus for eternity – and its ultimately unsustainable.
That Facebook and Amazon continue to spend the most on lobbying versus any other company – even jet manufacturer Boeing or defense contractor Lockheed Martin – shows they understand their escalating regulatory headwinds
"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... "
