Quote:
Originally Posted by bdub
Expect emergency rate cuts and more helicopter money any day from the US Fed. The bond market is pricing in a major disruption, 10 yr US yields have been getting crushed for days and now sit at 1.25%. Bond markets are better than the stock market at sniffing these things out and are acting like another 1928 or 2008 event is here perhaps?
And Trump must be going nuts after his appointment of the VP yesterday to fight the virus failed to halt the market slide. Meanwhile in Canada we have Truly Clueless slowly crushing the Canadian economy with his lack of leadership, I don't even think the effects of the virus have crossed his little brain yet, to busy trying to not hurt any feelings....Yeah were screwed! Enjoy the elevator ride down.
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Appointing Pence as Virus Czar was supposed to calm the markets ? No wonder they are tanking.