google.com, pub-2431335701173086, DIRECT, f08c47fec0942fa0 February 2020 - MarchéEconomics

February 29, 2020

Archive

March 2020 State of the Markets

Last week of February priced in only a part of the negative supply-side shock of the Corona virus outbreak. When theme parks and public events such as the Olympics are either under consideration for cancelation or being canceled at an accelerating rate, people are staying home rather than going out such as in Italy and France or tourism falls to zero in some geographic regions, things are looking pretty bad. The virus tends to incubate within an infected person for…

February Stock and Fund Picks

All business cycle monitoring sites from Seeking Alpha indicate an ongoing expansion that is simply slowing down due to a lack of private sector investment, industrial production, and anti-supply-side protectionist trade policies. Instead of cyclical indicators only, I prefer to also look at the misery index as an indicator of a potential recession. The misery index is the positive or direct relationship between the unemployment rate and the inflation rate. This relationship replaces the old and no-longer in existence Phillips…