Australia's largest stock trading and investment forum Australia's #1 stock forum

Egon Von Greyerz: the biggest global economic bubble in history...

First 14 Last

Share
Profile

Follow
Popeye82

22,473 Posts.

487

04/04/20

11:36

Post #: 43876140
Share

Originally posted by Popeye82: ↑

Unemploymentcould reach 30% in the U.S., says St. Louis Fed’s Bullard; That’s Federal Reserve Bank of St. Louis President James Bullard explaining to Bloomberg News why he sees the U.S. unemployment rate hitting 30% in the coming months as the world continues to grapple with the coronavirus pandemic. If his gloomy jobs projection proves to be true, unemployment would be worse than it was during the Great Depression and three times worse than the 2007-’09 recession, according to Reuters. Bullard also said he expects an unprecedented 50% plunge in gross domestic product. “Everything is on the table,” he said, referring to additional lending programs from the Federal Reserve. “There is more that we can do if necessary... There is probably much more in the months ahead depending on where Congress wants to go.”

http://www.marketwatch.com/story/unemployment-could-reach-30-in-the-us-says-st-louis-feds-bullard-2020-03-22
http://www.bloomberg.com/news/articles/2020-03-22/fed-s-bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q?mod=article_inline
http://www.reuters.com/article/us-health-coronavirus-fed-bullard/feds-bullard-coronavirus-shutdown-not-a-recession-but-an-investment-in-survival-idUSKBN2190FT?mod=article_inline

Expand

Egon Von Greyerz: the biggest global economic bubble in history is coming to an end

http://**promotion blocked**.com.au/podcast/
Upvote

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

MTM

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Almonty Industries – Now it is getting critical!

First 14 Last

Egon Von Greyerz: the biggest global economic bubble in history...

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

Many are concerned about global falling birthrates. This diverse stock has solutions

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Almonty Industries – Now it is getting critical!

Featured News

Featured News

Egon Von Greyerz: the biggest global economic bubble in history...

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

MTM Crit Metals hits +1,870% returns YoY – but fundamental questions remain

Many are concerned about global falling birthrates. This diverse stock has solutions

ASX Market Close: IT surges as Miners dumped | June 18, 2025

Almonty Industries – Now it is getting critical!

Featured News

Featured News