Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Coronavirus depression

Market Insanity

Extreme Economic Policies the Coronavirus Depression will Inspire

I predict the Federal Reserve; America’s central bank will buy stocks if the markets collapse. I think the Fed buying stocks is inevitable because the Federal Reserve already buys ETFs, corporate debt, and corporate paper.

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Politics

Can We Spend Our Way out of a Depression?

We can defer many expenses including loans, rent, utilities, and insurance. However, we cannot defer food and other basic costs. Thus, sending every American $1,000 in cash each month makes sense.

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