Market Expects Emergency Rate Cut by the Fed on Monday Morning
Jim Bianco at Bianco Research makes a case for an emergency rate cut and a recession.
Hard hitting global and local news
Jim Bianco at Bianco Research makes a case for an emergency rate cut and a recession.
Following two presumptive-positive coronavirus cases, Florida’s governor declares public health emergency.
The coronavirus is spreading exponentially outside China. Alameda County CA declared a state of emergency.
Powell issued a rare inter-meeting statement promising to support U.S. economy.
China’s manufacturing and service PMIs plunged to their worst readings in history.
Personal income rose 0.6% in January. Real income rose 0.5%. Spending rose 0.2% and real spending only 0.1%
Treasury yields continued a massive plunge today with new record lows. I sense a double rate cut by the Fed…
The CDC designed a flawed test for COVID-19, then took weeks to figure out a fix. The FDA made additional…
It’s now baked in the cake. The Fed will cut rates on March 18 and most likely at least twice…
Millions of school kids are hit with school closures in Japan. Iran’s “Screaming Mary” is infected. Surprise Fed cut?