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March 1, 2020 | Will There be Coordinated Central Bank Action This Week?
Martin Armstrong
The Coronavirus has been exploited by the press to unbelievable levels. Even hop on a domestic flight in the USA and the majority of people are wearing masks. Fed is being pressured to do a coordinated rate cut this week. We should see rate cuts in China and Hong Kong where the economy has been complete decimated. Our target weeks for action by central banks will be this coming week of March 2nd and March 23rd. Based on information and belief, the press has been told to knock this off. They are creating a global panic without justification just as they created the Spanish American War.
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Martin Armstrong March 1st, 2020
Posted In: Armstrong Economics