But somebody is buying into it for the moment

Private Sector Employment Decreased by 20,236,000 Jobs in April; the April NER Utilizes Data...

So is Pain but it still hurts. Even when society reopens 20 million plus will not just be back in jobs. Unfortunately.

Private Sector Employment Decreased by 20,236,000 Jobs in April; the April NER Utilizes Data...

Really nothing to cheer about in these numbers. Sorry for all my US friends that have to live through this immense crisis like the rest of us.

Private Sector Employment Decreased by 20,236,000 Jobs in April; the April NER Utilizes Data...

That may be the "normal" in the US but as a lawyer I have proceeded many times in the High Court and I honestly dont share your view that they make political economic decisions.

Decline in German business activity deepens to new record low in April

I am not sure I understand you correctly. Are you insunuating that the German High Court made a political judgement?

Decline in German business activity deepens to new record low in April

The financial world is screwed when one is talking about the FED saving the junk bonds. Why do we even bother about credit ratings and junk bonds etc. In the end it will all be owned by the FED's. Amazing.

No, the Fed can’t save the junk bond market, Goldman warns

As a EU citizen (even lived in Bruxelles for 6 years) I dont believe in everything that EU does. I am sceptic about much of what EU does. But I dont see the EU Member States returning to the time before EU and I dont see what that would bring. We ...

EU Commission: European Top Court Rulings Are Binding For All National Courts

I have a silent hope that consumers will force multinationals to amend their supply chain and bring back manufacturing functions to allied countries.

April sees unprecedented fall in German manufacturing output amid efforts to contain virus...

Yes its time for an alternative type of protectonism. Time for the consumers to step up and tell the companies that if they dont manufacture in EU/NZ/AUS/US we dont buy your t-shirts and your plastic cups.

Kiwis Urged To Buy NZ-made ‘like The Economy Depends On It’

With the difference being though that if US decides not to pay off its creditors then its because of bad will. Argentina simply cannot. In any case I think now is not the time to throw this kind at each other.

Kudlow denies it will cancel U.S. debt obligations to China - CNBC

Isnt it already broken

Kudlow denies it will cancel U.S. debt obligations to China - CNBC

Yea its really simple. Central banks cannot alone save the economies. Regardless of how much money they pump into the system there will be no effect Before a demand is created. No demand is created as long as people cannot to out the door. No demand ...

German fin. min. Scholz: It is now possible gradually to loosen restrictions

Wonder why consumer confidence is reaching new lows. The cost of closing down the world will show. I am not saying that closing down was the wrong decision. But I stick to my previous saying that this will literally destroy the lifes of thousands ...

German unemployment surges in April as coronavirus outbreak takes toll

Expected. We will see this pattern all over the world. And its not just going to sky rocket once the Corona is over. Despite of a variety of financial aid to companies they are laying off employees in great numbers. People will start consolidating ...

Household consumption expenditure on goods dropped sharply in March (– 17.9%), only food...

Why are those incredibly good news not published by Gilead but by POTUS and his team?

Fauci: Gilead trial shows significant positive effect on virus

I make my money from the markets and have no problem doing so. But I still reserve the right to think critical about society outside the trading arena. And I don't fancy the idea that the working people should bail out the rich ones again. So what ...

Fed’s Powell: Reiterates Commitment To Using ‘Full Range Of Tools’

And to continue. If public money need to go into multi billion multinationals then at least they should give the public shares in return so that the existing shareholders gets outwashed as opposed to now where they carry no risk and just enjoy the ...

Fed’s Powell: Reiterates Commitment To Using ‘Full Range Of Tools’

When you say that there are signs of recovering are you then referring to the Corona or the business sentiment? There may well be signs that there is a recovery from the Corona but businesses and consumer sentiment is HARD HIT. People are laid off ...

Fed’s Powell: Reiterates Commitment To Using ‘Full Range Of Tools’

I am with you on that one. Fauci I think has generally acted responsible. POTUS I wouldnt buy a used car from.

Fauci: Gilead trial shows significant positive effect on virus