Most of the Fed's programs have been aimed at financial markets functioning.
'The Fed has just put the economy in an induced coma, attaching it on fiscal and monetary life support, hoping that when the time passes it can be brought back to life.'
My market thesis remains that the recent strength is just a sizable counter-trend rally that will fizzle out -- and keep an eye on jobless numbers this week.
Let's look at what's driving the market and global economy -- and look back at some lessons learned from our last crisis in 2008.
I do believe that having no economy is temporary. I also believe that what comes out on the other side will be smaller, far less global.
Given recent actions, the way we view fixed income may be changed forever.
Consider these stock model ideas: virus groups, work remotely, and fiscal.
I think our scientists, our medical minds, are working on an atomic bomb that can nuke Covid before it invades us.
Here's what you should consider instead during this fear of missing out time -- and know that stock picking should be back in vogue soon.
The bounce the last two days was classic bear market action.