Rabobank: “The Fed Just Carved Central Planning Into The Bedrock Of The US Financial System” | Zero Hedge

Try to read this paragraph and not die laughing.

Meanwhile, China is naturally still trying to send out signals that all is well. Its trade data today showed exports in USD were -6.6% y/y in March vs. -13.9% expected while imports were -0.9% vs. -9.8%. Those who think this is an accurate depiction of the actual state of economic affairs will no doubt be firm believers in the effectiveness of recent European and OPEC+ actions. More concretely, Aussie NAB business conditions dropped from 0 to -22 for March and confidence from -2 to -66, which is off the chart.
— Read on www.zerohedge.com/markets/rabobank-fed-just-carved-central-planning-bedrock-us-financial-system

This Hedge Fund Saw Risks of Coronavirus Early. Now It’s Up 36%. – WSJ

Valiant Capital Management’s returns mark some of the best results in the hedge-fund industry through the stock market tumult to date, after the firm homed in early on the risks coronavirus posed to the global economy.
— Read on www.wsj.com/articles/this-hedge-fund-saw-risks-of-coronavirus-early-now-its-up-36-11585819802