The CDC’s Budget Is Larger Now Than Under Obama
The Destructive Effects of the Coronavirus Relief Package
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Governments and their central banks have put together mega–bailout packages. In the US, President Donald J. Trump has signed off on a $2 trillion “virus relief package” amounting to around 10 percent of the US gross domestic product.
It’s Time to Track the FDA’s Death Toll
As of April 4, Weekly Total Deaths Have Yet to Show a Nationwide Surge
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Information on total deaths through April 4 shows no indication of a general surge in deaths in the United States. It’s quite possible that we’ll see April’s total mortality begin to show levels well above normal, but the weekly data we have so far show no indication of this.
How to Think About the Fed Now
In Defense of Landlords
Three Reasons Why Politicians Must Leave Oil Markets Alone
Although the heads of the world’s largest oil-producing nations were quick to claim a diplomatic victory following the latest OPEC+ (Organization of the Petroleum Exporting Countries “plus” non-OPEC oil producers) output-cut agreement, crude prices are telling a different story. Prompt month Brent and WTI futures contracts are now trading nearly 20 percent below their early April highs, both returning to a supercontango forward curve price structure following the conclusion of the OPEC+ meeting.
