by Doug Noland
Credit Bubble Bulletin
Please join Doug Noland and David McAlvany Thursday, October 22nd, at 4:00pm Eastern/ 2:00pm Mountain time for the Tactical Short Q3 recap conference call, “Managing Short Exposure in Extreme Uncertainty.” Click here to register.
The President is diagnosed with COVID-19, with rapidly worsening symptoms prompting a Friday evening Marine One flight to Walter Reed Medical Center. By Monday, he is back to the White House apparently feeling spryer than when he was a man 20 years younger. Reversing course on Tuesday, the President abruptly calls off stimulus negotiations “until after the election.” Negotiations were back on Wednesday, with the administration pursuing piecemeal stimulus (airlines, individual stimulus checks). By midweek the President was referring to his COVID infection as “a blessing from God.”