More Awful News Pushes Curves To Make The Ultimate Determination.
Image Source: Pexels
The one thing missing so far from the 2008-style scenario - mass layoffs - hinges entirely on whether businesses believe they can hold out for a second-half rebound. As the weeks even days go by, this gets less and less likely. Markets can hear and feel the avalanche of jobs cuts just ahead bringing all the nastiness that will come with it.
Video Length: 00:20:07
More By This Author:
Massive Fallout US, China, Global Economy Not To Mention Banking For The Rest Of This Year
Real Reason Markets Are Betting More And More Fed Is Wrong And Will Be Cutting Rates Very Soon
This Current Crisis Is The Last Piece To Fall Into Place Not The First One In The Puzzle
Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...
more
Comments
