Greetings,
United States: Mortgage applications for home purchase fell last week. Further declines are expected.
Refi activity slowed as well as mortgage rates rose (see chart).
Eurozone: What portion of the GDP is operational, disrupted, or fully shut?
Energy: US gasoline crack spreads went negative this week as demand collapses.
Equities: Quant funds have dramatically cut their exposure to the market.
Credit: Credit downgrades are accelerating.
Food for Thought: US box office proceeds:
Edited by Daniel Moskovits
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