US Arms Exports Surge 23%, France Rises 72%, Russia Shrinks 18%

The US remains the largest arms export in the world

Kyle Bass: ‘Peak Virus’ in About a Month for Markets, This Isn’t 2008

“Europe is going to have a real problem”

Even if the Coronavirus outbreak passes, or markets somehow learn to ignore it, eventually something will come along and end this charade

If history is any guide, on a long term basis, either oil is historically undervalued, gold is historically overvalued, or both.

From diamonds to iron ore

“I don’t think calling the direction of interest rates is not that meaningful right now. You don’t make any money regardless.”

“In China, it took about three weeks from when they started counting the virus to when the economy really started to unload”

The Fed is no longer acting strategically, even within the context of its own thinking

“A rate cut or two is not a vaccine”

“Everyone is in panic, but very few people are sick”