We will enter a hyper inflationary world at some point. In that environment bonds and equities will move together in the same direction, and the 60-40 model will not work anymore.
Amid dramatically rising jobless claims, the Fed continues to fire big bullets, the Senate is pushing its economic support package and Gilead and Regeneron have made progress on coronavirus treatments.
Here's how the central bank's actions might help.
Monday's numbers for production, retail sales and the jobless rate are all the worst on record for China. Asian shares continued heavy selling despite central-bank support.
Let's be clear. The virus is the problem, and the economy will contract, perhaps significantly so, regardless of policy efforts made to counteract this reality.
What came first? The chicken or the egg? The bear market or the pandemic? I don't care much for labels.
Shares in Chinese restaurant operators are not reflecting reality on the ground.
Buckle up for what is likely to be another eventful five days.
Let's see, what does the guide to the entire universe have to say that could possibly help us in the face of a virulent virus? Two words.
Let's examine the non consensus view - some reasons why I have started to do some buying.