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This recession might be deeper than the Great Depression with unemployment exceeding 20%, while companies are issuing debt to payback their revolvers.

The bond market is pricing in a 40% default rate on junk bonds and an 11% default rate on investment grade bonds. Too negative or too positive?

Georgia was one of the worst hit states economically by the shutdown. Let’s see how its economy rebounds in May which could impact markets.

It’s almost impossible to overstate the impact COVID-19 is having on the labor market. Virtually every job has been impacted. Here are some key takeaways…

This is probably the worst economy since the Great Depression. The government reopening the economy is only the first step to getting back to normal.

The media likes to focus on sensationalism, however as neutral observers, we see that there has been more flexibility than you’d expect in a recession

The retail sales report was terrible in March. Imagine how bad it was in April. Plus, economists aren’t bearish enough on housing.

America’s discretionary fiscal easing because of the coronacrisis equated to over 7% of the economy outweighing all other regions.

The unemployment rate is about to spike, but that won’t tell the whole story of the weakness, while companies are taking out more debt.

This is already the worst employment market since the Great Depression even if the economy opens tomorrow. How bad can it get?