The Credit Writedowns Newsletter

Share this post
We are now in a financial crisis
pro.creditwritedowns.com

We are now in a financial crisis

Edward Harrison
Mar 16, 2020
2
Share this post
We are now in a financial crisis
pro.creditwritedowns.com

The awesome scale and scope of the coronavirus pandemic is now becoming clear as countries around the world enter lockdown and quarantine. And financial markets are in turmoil as a result.

I am writing this before the open in NY. But already, futures are limit down. And expectations are not for a bounce, but a fall to the circuit breaker level of down 7%…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2022 Global Macro Advisors
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing