Mike's Daily Comment
It has to be the most surprising, puzzling, outright ludicrous response to the fears over the novel corona virus.
Mike talks about what could be the biggest financial story in your lifetime – and no one’s talking about it. We talk gold and silver with top analyst, David Morgan while Ozzie talks the impact on real estate of Friday’s surprise interest rate cut vs the corona scare.
The markets are far more complicated than the headlines suggest – MoneyTalks predicted the timing of the dramatic change in direction and the contagion for one reason – we isolated the key variable – and no one’s talking about it.
Lots of questions remain about novel corona virus despite wall to wall media coverage but the only question about the economic and financial fall-out is will it go from bad to worse.
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Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
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A sane voice in a scrambled investment world.
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Can We Afford A Deficit of $50 Billion or More
on Monday, 16 March 2020 7:10
The answer’s yes but that has nothing to do with whether the measures will be effective or that billions won’t be wasted.