coronavirus
Is the coronavirus the pin that will end the 10 year-long Everything Bubble?
Quite possibly, cautions Sven Henrick, technical analyst and lead market strategist for Northman Trader.
For too many years now, the financial markets have been conditioned that “dips don’t last”. Confident that the Fed will always provide the liquidity needed to push assets higher, investors have come to believe that risk doesn’t matter.
Well, covid-19 is exactly the kind of unexpected exogenous shock that central banks are powerless against. No amount of intervention by the Fed, the ECB or the PBoC will slow the spread of the virus, or force-start factories idle from workers quarantines.
Sven Henrich: Did The Coronavirus Just Infect The Markets?
by Chris MartensonIs the coronavirus the pin that will end the 10 year-long Everything Bubble?
Quite possibly, cautions Sven Henrick, technical analyst and lead market strategist for Northman Trader.
For too many years now, the financial markets have been conditioned that “dips don’t last”. Confident that the Fed will always provide the liquidity needed to push assets higher, investors have come to believe that risk doesn’t matter.
Well, covid-19 is exactly the kind of unexpected exogenous shock that central banks are powerless against. No amount of intervention by the Fed, the ECB or the PBoC will slow the spread of the virus, or force-start factories idle from workers quarantines.
Probably one of the most vexing things an obvious crisis like this coronavirus pandemic (well, obvious to you and us, at any rate) is all the people who refuse to face it.
They’ll exploit every possible psychological defense in their arsenal to resist discussing or even hearing about the crisis. They will ignore you. They will belittle you. They will try to subtly – or overtly – shame you for attempting to raise the issue with them.
Here’s why that happens and what you should do about it. First,… (Enroll now to continue reading)
Why Your Friends & Family Aren’t Taking The Coronavirus Seriously Enough
PREVIEW by Chris MartensonProbably one of the most vexing things an obvious crisis like this coronavirus pandemic (well, obvious to you and us, at any rate) is all the people who refuse to face it.
They’ll exploit every possible psychological defense in their arsenal to resist discussing or even hearing about the crisis. They will ignore you. They will belittle you. They will try to subtly – or overtly – shame you for attempting to raise the issue with them.
Here’s why that happens and what you should do about it. First,… (Enroll now to continue reading)
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