Negative Rates In The US Are Virtually Guaranteed Now

Negative Rates In The US Are Virtually Guaranteed Now

On October 19, 1987, the US stock market suffered the worst crash in its more than 200 year history, dropping more than 23% in a matter of hours. It wasn’t just in the United States, either. More than 20 major stock markets around the world, from London to Hong Kong...
They’re Gonna Need A Bigger Rate Cut!

They’re Gonna Need A Bigger Rate Cut!

Stop and pause for a moment and think about what just happened. The Federal Reserve says the US economy is strong, but it just initiated emergency monetary policy last seen during the worst financial crisis since the Great Depression. Something doesn’t add up. The Fed...
The Economic Cataclysm Ahead

The Economic Cataclysm Ahead

To understand the economic cataclysm ahead, do the math.  Those expecting the Covid-19 pandemic to leave the U.S. economy untouched are implicitly making these preposterously unlikely claims: 1. China will resume full pre-pandemic production and shipping within the...