But as jobless claims explode while the coronavirus takes its toll, we have heroes at the nation's hospitals and heroes delivering packages and stocking shelves, and we have possibly the greatest Fed ever.
Jay Powell understands the history of the Fed and the mistakes it has made.
As the Covid-19 crisis takes its toll on our people and economy -- and the world's -- we must break things down as simply as possible to see what's happening.
After a strong day for fixed-income markets, let's learn from 2008 how to play this volatility.
Watch these three ETFs for the signs that Fed support is working.
Let's review the positives and negatives of what's happening right now.
Action in a lot of these other securities only makes sense if there is a liquidity squeeze going on.
Kraft Heinz, Macy's and Renault have all recently been downgraded, and now the question must be asked: Is this the start of something bigger?
Focus on the big picture and you'll see there has never been a less favorable time to own fixed income.
Investing in these bonds requires a counter-intuitive approach, and reframing how you look at risk.