Credit Bubble Bulletin

- Chronicling History's Greatest Financial Bubble

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Wednesday, April 29, 2020

Wednesday Afternoon Links

[CNBC] Fed pledges to keep rates near zero until full employment, inflation come back

[Reuters] Wall Street jumps on coronavirus drug hopes; Fed in focus

[CNBC] Coronavirus live updates: Mnuchin holds $259 billion for Fed programs; Fauci calls drug trial data ‘good news’

[Reuters] U.S. Treasury chief says reserving capital to add to Fed coronavirus lending programs

[AP] Economists agree: No quick rebound from recession is likely

[Reuters] U.S. nonprofits scramble for loans as need jumps, funds disappear

[CNBC] Over 50% of malls with department stores are predicted to close by 2021, real estate services firm says

[AP] Pandemic brings fortunes to Amazon - and headaches too

[Bloomberg] Pompeo Says China Responsible for Outbreak, Must Detail Origin

[NYT] Worst Economy in a Decade. What’s Next? ‘Worst in Our Lifetime.’

[WSJ] Developing Countries Draw Down Reserves to Shield Currencies

[WSJ] Auto Loans Are Running on Fumes

[FT] Investors look to ECB for further stimulus after Italy downgrade

[FT] The dangers of cramped coronavirus hotspots
at 4/29/2020 10:32:00 AM
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