Saturday, May 02, 2020

2008 Was Just "A Flesh Wound" > El-Erian: We will have the worst recession since the Great DepressionProble

Problems created by de-coupling Main Street from Wall Street : wealth, income and opportunity. Is The Fed picking winners-and-losers? 
Credit channels create a massive entanglement of public and private >
A SPAGHETTI BOWL 
101,971 views
•Apr 30, 2020  
El-Arian uses Game Theory to help explain this crisis . . . 

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Jitters galore........................................................................

         S&P 500 7,117.65 USD 20.25 –0.28% 9:55 13:20 7.05K 7.10K 7.15K Markets Wrap Stocks Decline as Iran Jitters Spur Rally in Oil Tr...