The Lender of Last Resort

(1) Let’s not get depressed. (2) Martial law for seniors and others. (3) Great Virus Crisis versus Great Financial Crisis. (4) Social distancing should work. (5) Mass testing would help. (6) Adding makeshift hospital capacity. (7) The Fed is flying the money helicopter to infinity and beyond. (8) Commodity prices tanking now. (9) S&P 500 revenues growth estimates getting cut. (10) S&P 500 earnings growth estimates getting slashed for Q1-Q4, but remain too optimistic. (11) US railcar loadings bearish for industrial production and merchandise trade.