Visual: The History of Pandemics

From the Antonine Plague of 165 to 180 AD to CoVID-19

Fed Response to Coronavirus Likely to Exceed Its Response to Global Financial Crisis

Too bad central banks never got around to meaningfully restocking their policy tool chests during the last decade’s record long expansion

“The second quarter will be important… because it will take away the idea that the recovery is starting to take shape”

The average life expectancy in every sub region of every country in the world

“Unless you’ve worked with fragile and failed states, the Sudans of this world…, you’ve never seen an economic sudden stop…”

It’s hard to imagine the situation getting any better until stricter measures are put into place

Part of what made the stock market crash of 1929 so destructive was that market cap had become quite high relative to the overall economy, like today

The current Coronavirus inspired selloff has produced a 20.4% fall from the previous all-time high in just 20 days

Whenever this fever eventually peaks, investors are likely to be staring at a raft of once in a lifetime divergences and distortions in markets

“There is, of course, somebody out there that has made too many energy loans”