U.S. stock market futures are rallying off the much larger than expected jump in weekly unemployment claims. This clearly shows that investors know where their bread is buttered. This rally is all about the Federal Reserve, and the worse the economy gets, the more money the Fed will print.
Apr 9, 2020
Apr 2, 2020
China Will Buy Oil, Not U.S. Treasuries
It looks like the Chinese are getting smarter, and will be buying oil instead of U.S. Treasuries. This is just the beginning, as soon the entire world will be buying real stuff instead of Treasuries. That means the Federal Reserve will buy more Treasuries as Americans buy a lot less stuff.
U.S. Economy: There Is No Way To Go Back To Where We Were
It wasn't fine before the crisis. We didn't have a solid economy. We had a bubble. That's the problem. And the bubble has been pricked. There is no way to go back to where we were. It's like trying to unscramble an egg. It can't be done.
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