Goldman Sachs Forecats Q2 GDP Crashing 34% in US w/ 15% Unemployment
This morning Goldman Sachs released a new forecast for Q3 US GDP and showing a 34% annualized decline and reaching
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Macro
Corporate Welfare: New Fed Measures Will Make Taxpayers the Bagholder!
I spoke with a banker last week who said to me “from my view, the Fed’s balance sheet is like
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Steve Bannon is a Socialist: Merge the Fed and Treasury, Start Buying Corporate Debt
Prior to the Stimulus Package passing, an interview that fell under the radar last week was Steven Bannon on Fox
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Bank Of Canada Aggressively Adding Provincial Bonds and Mortgages to their Balance Sheet
Last week the Bank of Canada announced sweeping new measures to add liquidity to the system. In an introduction, they
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Event Horizon: Bond ETFs on the Edge of the COVID Credit Crunch
Y’all want to see a chart? This one looks like a chart of the output from a Swiss watch in
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Senate Passes Stimulus Package Bill, House Vote Friday
Late Wednesday the US Senate passed the $2 trillion fiscal package aimed at stimulating and assisting the US economy through
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US Jobless Claims Hits Unadjusted Record of 2.89 Million; Up Over 1,000%
According to the US Department of Labor the week ending March 21, seasonally adjusted initial jobless claims was 3,283,000, an
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US and COVID-19: Under Control or Ticking Time Bomb?
Before reading this, I would like to qualify this article with sincere hope the US contains and defeats the spread
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Canada Jobless Claims to Hit Just Under 1 Million, US Could See upto 3 Million Initial Claims
Just under 1 million Canadians applied for jobless claims last week; approximately 5 percent of the labour force. In a
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Ben Bernanke: ‘You’re Going to See Some Scary Number’
Former Fed Chairman Ben Bernanke was on CNBC this morning discussing the current crisis. Comparing the disaster of his reign,
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