Coronavirus sell-off

Inflate, Spend, Print   Maria Bonaventura Mar. 1, 2020   The feds stand ready to take on the coronavirus panic. If stocks keep falling, you can count on them to do three things: inflate, spend, and print. Whether that will halt the stock market correction, our editor doesn’t know. But as he writes in Thursday’s Diary, it’s a fair bet that one thing will go up… Regards, Maria Bonaventura Managing Editor, Bill Bonner’s Diary   Where Mike Bloomberg Got His Money If there’s one man intimately acquainted with the stock market, it’s Mike Bloomberg. He may be dull, but the Democratic presidential candidate sure is getting a lot of attention. And what makes Bloomberg stand out is he earned his money “honestly”… Going to Hell in a Handcart The Dow dropped 1,000 points on Tuesday. And with “pre-existing weaknesses” plaguing the U.S. economy, Bill says we could see not just a setback if this continues… but a depression… How Low Can Stocks Go Before the Fed Steps in? On Wednesday, coronavirus fears dropped the stock market even lower, leading to our editor’s speculation: When will the feds step in? But the reality is, there’s little they can do. The economy and its financial markets have already been faked out by fake money… There Is a Crisis, There Is an Opportunity News reports said the stock market seemed to be...

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