Today Bank of America cited the Chinavirus (COVID-19) pandemic crisis and a global drop in crude oil prices to forecast an 8.0% GDP drop for Mexico this year. Just a few weeks ago on March 19 the bank had warned of a 4.5% contraction for 2020. The doubling of the…
Economic Data Begins To Show Epidemic Impact…Stimulus Coming…Fed Continues Support.
Markets Realize Coronavirus Threat To Economy Is Real…Even The Fed Or Joe Biden Can’t Help.
Economic Data Shows Growth Slowing But Still Barely In Expansion Mode As Virus Impact Felt.
China’s Manufacturing Slows To Slowest Level On Record.
Markets Collapse On News Virus Spreading Fast In Other Countries Outside China.