"...when you have these guys [Fed & Treasury] working together; they’re on the phone constantly; they’re like partners in crime now ripping off the American public..."
The week following the September quadruple witching has also been one of the most consistently negative weeks of the year with the S&P 500 closing lower nearly 80% of the time over the past 30 years."
"Our people’s safety is our first priority, and we are taking appropriate precautions to make sure our workplaces remain safe for those who choose to return..."
...we are at the end of a major economic and social cycle...from this moment on, everything is uncertain whether it is your personal health, the stock market or the economy.
So, to summarize, in our K-shaped world some still hum ‘Wannabe’ daily, and not in any ironic way, and others are air-guitaring their way through ‘War Pigs’ to try to find a way to satisfy.
"The market is somehow uninspired following recent central bank meetings. It is waiting for the next support step, be it from their side or regarding the U.S. fiscal program to be agreed finally."
Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to discuss the latest in markets, macro, and coronavirus. They discuss how the results of…
The first scenario—the "severely adverse"—features the unemployment rate peaking at 12.5% as GDP declines about 3% from the third quarter of 2020 through the fourth quarter of 2021