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IPFS News Link • Stock Market

Blain: Why "We're Still Only In The First Phase" Of This Chaos

• https://www.zerohedge.com by Bill Blain

This is a very strange world we find ourselves in. 

There is literally too much to write about in terms of how the Global Financial System is being roiled by the Coronavirus. It feels like everything I've ranted about over the last 12 years in the Morning Porridge is coming to roost. Another emergency rate cut. QE infinity plus 1. Oil prices everywhere. Massive corporate failure – Boeing is a great example: begging a bailout after years of greed and mismanagement, stock buybacks and failing to innovate better product - to the counter-intuitive assets moves we've seen in Gold and Government bonds. The credit markets are in lockdown and the bubble is blown on stocks. 


www.universityofreason.com/a/29887/KWADzukm