Another Half-Point Fed Cut Priced In
The market expects another half-point cut on March 18 and so do I.
Hard hitting global and local news
The market expects another half-point cut on March 18 and so do I.
Dual economic shocks are underway simultaneously. There are shortages of some things and lack of demand for others.
Both the Institute of Supply Management and Markit released service sector reports. They are wildly different.
King County Washington will host the nations first quarantine site.
Latest coronavirus news: human to dog transmission, emergency declarations, real time tracking in Singapore, more …
Don’t expect miracles, the Fed is clueless, more importantly the top CDC and FDA officials are blatantly incompetent.
This morning the Fed made an emergency 50 Basis point rate cut. More are coming.
Fed lowers federal-funds rate range to 1% to 1.25% in its first between-meeting move since the financial crisis.
Global coronavirus cases outside of China growing exponentially. The main sources of global transfer are Italy and Iran.
The JP Morgan, Markit Global Manufacturing PMI signals a global recession.