Pandemic Impact

Pandemic Impact

The pandemic impact on the economy is unfolding and it is a somber view where the worst-case scenario is most likely the real one with the global economy contracting by almost one quarter and 10s of millions unemployed. Investors should brace themselves for an unprecedented 24% drop in second-quarter output this year, according to Goldman …

Banking crisis

Banking crisis

A new sovereign and corporate bond crisis could be at the epicenter of another banking crisis.  The Coronabubble burst was anticipated and tomorrow’s headlines could be filled with a banking crisis As Darren Winters says, he would not be surprised to hear about some major financial house going to the wall sometime soon. It took …