Unprecedented Decline: How Bad Will It Get?
On the 11th anniversary of the bull market, stocks had the biggest crash since 1987. Has this decline gone too far? If a recession, it really hasn’t.
Read MoreMar 13, 2020
On the 11th anniversary of the bull market, stocks had the biggest crash since 1987. Has this decline gone too far? If a recession, it really hasn’t.
Read MoreMar 12, 2020
Like 2008, central banks and governments can reduce the impact but until the virus stops spreading, the economy will be in serious risk.
Read MoreMar 11, 2020
There is risk of a global recession. If there is a recession, there’s likely more downside to come. The worst decline outside a recession was 37% in 1987.
Read MoreMar 10, 2020
China’s economy still hasn’t recovered even though the number of daily new cases has been falling for a few weeks. Here’s what to watch for in the US…
Read MoreMar 9, 2020
Mandelbrot’s research showed markets are much more volatile than what is implied by the normal distribution curve.
Read MoreMar 6, 2020
The Fed has a few options to deal with the impact of the coronavirus once it reaches zero percent interest rates, but isn’t allowed to buy stocks.
Read MoreMar 5, 2020
Rate cuts are only part of the solution. Congress and the Fed need to make sure small and medium sized firms have access to capital during this crisis.
Read MoreMar 4, 2020
The Fed’s emergency rate cut did nothing because it was expected by markets and because it won’t prevent the coronavirus from spreading.
Read MoreMar 3, 2020
Stocks were expensive, some economic indicators began slowing, election risk increased, and lastly the Fed was not (and might still not be) dovish enough.
Read MoreMar 2, 2020
It’s no surprise the Chinese economic data is weak, but what’s equally concerning is that we could see similar negative data points around the world.
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