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Nothing is Proven, Nothing is a Given 4/8/20


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LEE'S FREE THINKING

Here’s Why Rangebound Market Should Break Out

by Lee Adler •  • 0 Comments

S&P 500 ES Futures Chart

Shallow Thoughts Treasury issuance will go through the roof over the next 5 days while the Fed has decided to cut back its support. That’s a bad combination. 

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2 hours ago, Jorma said:

How are states whose sales and income tax receipts are cratering going to pay their bills? 

In the national pandemic plan published in 2005 the states were supposed to prepare including with a fund. California has such a fund. I doubt it will be a enough but still a very good start. A lot of states do not. States like Illinois are going to have a terrible time unless they get bailed out. 

Of interest the first documentary on COVID19 / SARS-CoV-2 - one hour long - worth a gander:

 

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20 minutes ago, sandy beach said:

Bernie is out. 

Was he ever really „in“? Even in 500 years never ever will an European style socialist become President of the USA. Let‘s face it: The Democrats, peceived as center-left in the US, would be perceived as center-right in Europe. Bernie is ok, but has absolutely no chance in the US. In Europe he would be somekind of elder statesman of the Green Party or so.

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