Blain: “We Are Past The ‘Buy The Dip’ Moment”
This is going to be a challenging week. Coronavirus is the dominant feature, and its unknowable. As an exogenous shock its out-with-normal market experience. The speed at which it’s apparently taking hold in Italy is properly scaring the pants...
Next Comes The “Turbulent Twenties”
The coronavirus is now exposing a far more deadly disease: Namely, the poisonous brew of easy money, cheap debt, sweeping financialization and unbridled speculation that has been injected into the American economy by the Fed and Washington politicians. It has turned...
McKinsey Publishes Handy ‘How To Survive The Coronavirus’ Guide For Corporations & Governments
Consulting firms – particularly the elite private firms like McKinsey and BCG – are supposed to earn their keep during crises, at least in theory. Aside from helping companies ‘streamline’ their operations (i.e. justify painful job cuts),...
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