COVID-19 in Europe, US Elections & printing money.

30-Oct-20 Baselines:

COVID

https://www.worldometers.info/coronavirus/worldwide-graphs/
https://www.worldometers.info/coronavirus/worldwide-graphs/
  • Not every country uses similar COVID-19 “accounting” (e.g. US vs Germany, or Czech Republic vs Slovakia, etc.).
  • The more you test — the more cases you catch. If you did not test at all, zero cases, deaths only, etc.

S&P500 and DAX

BLM: COVID-19 Truth Not Everyone is Experiencing

There is a part of public that does not believe what the Government and media are peddling:

  • It’s the BLM protest movement.
  • Maybe they know it consciously or subconsciously.
  • Millions of people walked and protested, others even rioted.

Yet, there are no mass COVID-19 deaths spikes reported from these protest.

They experienced it first hand — the younger population is much safer. No other nation had this experienced, and that will also have tremendous impact on their economies.

US Elections

At first it may look like risk off event. Clearly. I believe there are only two options:

  • US Elections will be non event whoever wins (market wise). Results in, mess finally over.
  • US Elections will get very violent (court disputed).

Therefore the US election will be non event for markets.

FED & ECB

This is easy one. FED can & did move much faster than ECB; printed enough money, and yes in unprecedented ways.

EU is bleeding their economies with the stupid lockdowns and strong Euro.

This would be an interesting experiment:

ECB lends money directly to its citizens:

EUR 10,000, 1% APR, 10 year duration, payback at the end (all).

I know, I know, I know. At the same time I do not care about “why it’s bad idea”. You can’t model it, so keep calm.

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Martin Skakala

Martin Skakala

305 Followers

Life is a video game. Full of laugh & anxiety. Choose your ammo wisely.