Tag Archives: coronavirus

The increased flow of information about the coronavirus means that we can think about scenario analysis. This, as well policy actions, are probably explaining the pause in the bear market for risk assets. I want to outline what I see as important about looking at potential scenarios for the economy. I will try to keep this as brief as possible, since I am not advancing any particular scenario as a forecast.... Bond EconomicsOn Pandemic Economic Scenario AnalysisBrian Romanchuk

Hmm. Bill Totten's WeblogUS CDC Director Robert Redfield Admitted… that Coronavirus Deaths Have Been Miscategorized as FluLarry Romanoff

Against the background of the previous economic crisis from 2008, and the apparent difficulties that more traditional forms of economic stimulus have faced in trying to help their economies and their people — especially against a background of low wage growth, and actual and perceived rising inequality — other ideas have emerged. Both modern monetary theory and universal basic income essentially owe their roots to the judgement that conventional economic policies have not been helping. At...

Lockdown and testing.ProMarket — The blog of the Stigler Center at the University of Chicago Booth School of BusinessWhy Mass Testing Is Crucial: the US Should Study the Veneto Model to Fight Covid-19Luigi Zingales | Professor of Finance at University of Chicago Booth School of Business

Life as we knew it is changing fast, almost by the hour. Most of my speaking engagements, which were heavily booked for the foreseeable future, have been cancelled or deferred. All the gigs that my band was booked for have been cancelled until people start returning to the now, empty venues. And, more significantly, the ideologues are giving way to the pragmatists in the policy space. Almost (see below). The sudden realisation that even Germany will now spend large amounts to protect their...

We are in the middle of a bear market for risk assets, and the key question is trying to figure out what turns this around. My argument is that it is going to be very difficult to read the entrails of market chart patterns, pandemic data, and policy responses to time the bottom. However, if one is not attempting to be a hero forecaster, one key thing to look for is a the resumption in corporate bond issuance. (This is the primary credit market; the secondary market is trading of existing...

Heavy on medical terminology but instructive.The Vineyard of the SakerHow to treat Coronavirus infection COVID-19 Interview with the member of Russian Academy of Science Alexander Chuchalin Translated by Scott HumorSee also Social distancing is a tool public health officials recommend to slow the spread of a disease that is being passed from person to person. Simply put, it means that people stay far enough away from each other so that the coronavirus - or any pathogen - cannot spread from...

The health emergency created by the COVID-19 pandemic is of course the primary concern of Canadians, and the first priority for government to address. But it is increasingly clear that the economic fallout from the pandemic is also going to constitute an emergency. And it requires government to respond as urgently and powerfully in the economic sphere, as they are attempting for public health. I was invited onto CBC Radio’s special broadcast today to discuss the economic consequences...

The health emergency created by the COVID-19 pandemic is of course the primary concern of Canadians, and the first priority for government to address. But it is increasingly clear that the economic fallout from the pandemic is also going to constitute an emergency. And it requires government to respond as urgently and powerfully in the economic sphere, as they are attempting for public health. I was invited onto CBC Radio’s special broadcast today to discuss the economic consequences...

Been busy lately, so I am playing catchup on links. American Committee for East-West AccordTony Kevin: The latest political news out of Moscow Tony Kevin, former senior Australian diplomat TASSPutin admits he takes his office as his destiny The Unz Review (March 4)IT’S OFFICIAL: Chinese Scientists Find Genetic Explanation for Coronavirus Discriminating By Race Lance Welton The Unz Review Chinese Scientists Find MORE Evidence That Coronavirus (A.K.A. COVID-19) Discriminates By...