Whether this is accurate, or more of Portnoy's signature bluster, has yet to be determined. We reached out to ETrade for comment, but were unable to get anyone on the line.
Once you allow your economy to become dependent on extremes of debt, leverage, inequality, legalized looting, monopoly, pay-to-play politics and speculative asset bubbles, a depression is inevitable.
Today, in an update to its tracker, the bank writes that as a result of diminishing available hospital capacity, some states will be forced to reconsider their reopening plans.
Robertson: Is It Time To Retire The 60/40 Portfolio?