Your Weekly Economy & Markets Digest

This Week in Economy & Markets What Have the Markets Done For You Lately? Rodney Johnson | Mar 26, 2020 Remember the comic Gallagher, the guy who'd smash watermelons with a sledgehammer, dousing people in the front row with watermelon guts? He used to do a bit on drivers. He said we could do away with a lot of our traffic police by issuing all drivers dart guns with suction-cup darts. When you saw someone do something stupid in traffic, you shot them with a dart. When your car collected a set number of darts, the police would issue you a stupidity ticket. If you got too many darts, they would take your license away. The policy would also tell you.... READ MORE » Italy's Coronavirus End in Sight? Harry Dent | Mar 25, 2020 The markets fell after the Fed took its first massive shot across the bow into Sunday, March 15, then barely reacted to the ultimate unlimited quantitative easing pledge to follow. They're finally rebounding for the past two days, on news of the $2 trillion fiscal stimulus bill just agreed on early this morning with $4 trillion in Fed loans to boot. That may not be enough. Seeing an end to the present acceleration outside of China would be the strongest factor for that sustainable bear market bounce that occurs after the first 40%+... READ MORE » Where Will the Corporate Cash Go? Rodney Johnson | Mar 24, 2020 It's possible Congress has agreed on a stimulus program by now, with hundreds of billions if not trillions of dollars allocated to Corporate America. People are frustrated at the idea that businesses that purchased their own shares will now receive bailout bucks. But for some of those firms, that ignores a basic question. What did you want them to do with the cash? And it brings up the next question of, "What will they do with extra funds in the future?" Over the last two years, U.S. companies bought more than $2 trillion of their... READ MORE » Forget the Bazooka, The Fed Just Went Full Cannon Harry Dent | Mar 23, 2020 The central banks already got a big yawn after the Fed pledged up to $5 trillion repo funding and $700 billion of broad-spectrum QE… and that was after going back to zero Fed funds rates for the first time since the long stretch from 2008-15. The Dow saw its highest point drop of 3,000 the next day. The new all-out announcement did get a response out of the markets finally. Now with the ultimate pledge early this morning (in response to the futures crash limit down again overnight) of... READ MORE » Economy & Markets  |  Dent Research You are receiving this e-mail as a part of your free subscription to Economy & Markets E-Letter. Remove your email from this list: Unsubscribe. To cancel by mail or for any other subscription issues, write us at: Charles Street Research Attn: Member Services, 819 North Charles Street, Baltimore MD, 21201 | Phone: 888-211-2215 | Fax: 410-223-2682 LEGAL NOTICE: Protected by copyright laws of the United States and international treaties. This e-letter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the worldwide web), in whole or in part, is strictly prohibited without the express written permission of Charles Street Research. This work is based on SEC filings, current events, interviews, corporate press releases and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility. The information herein is not intended to be personal legal or investment recommendations and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Click here to view our privacy policy.