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    Echoing Recession Fears, Gold's Value Rockets
Mar 20, 2020 - 04:49:33 PDT
Gold’s relative value to copper has surged to its highest in more than a decade and its worth versus silver is the highest on record as the spread of coronavirus hammers metals with industrial applications.
Helicopter money has become an assumption at this point; however, the ability of businesses to stay viable during the shutdown is even more relevant...
Stephen Isaacs, chairman of the investment committee at Alvine Capital Management, shares his outlook for markets amid the coronavirus pandemic.
Liesman estimates $307 billion in buying this week, versus $162 billion as the highest weekly total during the financial crisis.
Just like consumers started a run on toilet paper, major institutions have created a dollar shortage as some hoard more than they need.
    Scott Minerd Says Stocks Have Further to Fall
Mar 20, 2020 - 04:37:33 PDT
Guggenheim Global's Scott Minerd, who was raising alarm about the debt market even before the coronavirus pandemic roiled global markets
Investors withdrew an unprecedented $35.6 billion from U.S. funds that buy up investment-grade debt this week as the global market rout from the spreading coronavirus intensified.
As the grim numbers tied to the coronavirus crisis continue to climb, economic data has begun to deteriorate at a staggering pace.
During the financial crisis, the worst month was the 800,000 in March 2009. Many economists are expecting the total for April to be in the millions.
U.S. government debt prices were higher Friday morning as the coronavirus pandemic continues to drive investors into safer assets.
Regulators are encouraging banks to tap into capital and liquidity to lend into an economy affected by the coronavirus but further regulatory easing could be coming.
"Corporate credit has become a big concern for investors and, as we have seen in Europe, central banks can sharply improve pricing given illiquidity."
    Dow 15,000 is in sight as COVID-19 spreads
Mar 20, 2020 - 04:15:40 PDT
Those investors that think the bottom is nearing might want to reconsider, Hercules Investment CEO James McDonald.
    America’s Mass Transit Agencies Need a Bailout, Too
Mar 20, 2020 - 04:13:20 PDT
Normally, mass transit agencies celebrate ridership gains rather than declines. But the coronavirus pandemic and the logic of social distancing have turned that on its head.
    Bond Markets Are Veering Into a Vicious Cycle
Mar 20, 2020 - 04:08:18 PDT
This is going to get ugly. In what was nothing short of an absolute stampede out of bonds, investors yanked an unprecedented $35.6 billion from U.S. vestment-grade funds in the week ending March 18...
This demand shock crisis is rapidly developing into the onset of a deflationary spiral and all without a world on a GOLD STANDARD. The massive debt buildup that supported the global financial edifice of overvalued asset prices is trembling resulting in financial fear.
    Second Quarter GDP Could Plunge 10%, Economist Warns
Mar 20, 2020 - 03:58:14 PDT
Economic data has been ugly in the last few days. But this is only just the beginning of measuring the coronavirus-related fallout.
The U.S. Federal Reserve’s balance sheet reached a record $4.7 trillion this week and banks grabbed cut rate loans from the central bank as efforts to blunt the economic damage of a global health crisis took hold.
    Fed Still Struggles to Get a Grip on the Bond Market
Mar 20, 2020 - 03:54:03 PDT
The yield on a 3-month T-Bill fell to 1.3 basis points then surged to 16.8 basis points in a matter of hours. The yield then quickly crashed to 3 basis points and now sits at 5.1 basis points.
    Trump Asks States to Hide Unemployment Claim Data
Mar 20, 2020 - 03:52:06 PDT
The US dept of Labor told states to suppress specific unemployment claim data.