Managing editor Ed Harrison joins Lloyd Khaner, general partner and CIO at Khaner Capital Management, to discuss his macro outlook for the next year and beyond…
In addition to the case count, the prospects for re-lockdowns will be closely scrutinized; the economic ramifications of which would likely echo the initial round, but on a smaller scale.
... and people will have to look at themselves in the mirror, or tell their kids what they did when this was all going on: "I described the hand movements of an idiot being paid a fortune to eat soup with a fork."
Overall, a disappointing end to a week marked by rather subpar bond auctions although much of that can be attributed to the dramatic plunge in yields, which has seen the 10Y drop from the as high as 0.95% last week to just 0.67% right now.
"The Fed has decided it will effectively nationalize debt markets by removing the risk for investors so that these companies can get the funds to continue operating. In the Fed’s way of thinking, higher and vibrant markets create and save jobs."
"Well its been a fun ride and dream come true but if this is the direction Nascar is headed we will not participate after 2020 season is over, i don't believe in kneeling..."
...currency manipulation is a slippery slope bringing into question fiat's real value...In our current global financial environment, additional manipulation is a very dangerous path to start down.
With the market crashing below Friday's pre-payrolls hype levels, Millennial bagholders are once again unable to trade as outages strike Robonhood's website once again...
In the face of a breathtaking disconnect between Main Street and Wall Street, largely based on overconfidence in free money, my sense is that there remains a crisis ahead that will emerge “gradually and then suddenly.”
