When Government Officials Calmly Say Don’t Panic, People And Business Panic And Stop Spending
When Government Officials Calmly Say Don't Panic, People And Business Panic And Stop Spending 1Panic begets more panic, and it’s time to apply for refinancing and buy selected stocks on the panic dip – but not yet. Fed Funds and the entire yield curve is falling fast, which has inflated a major bubble in the bond market. The economic damage will show up in 2Q and 3Q with a rebound in the stock market prior to the leveling off and decline …
News story posted on 2020-03-09T03:42:00.0000000Z