The Real Reason For The Emergency G7 & Central Bank Meeting: Global Credit Markets Seize Up

• WallStForMainSt
  While the DOW was on a roller coaster ride last week mostly down (over 14% down in 10 days) and then up late on Friday (also a record 1300 point rally happened on Monday) something others did not notice much happened last week. This may be why US Treasury secretary Steve Mnuchin and the Federal Reserve called an emergency G7 finance ministers & central bank meeting today (Tuesday, March 3rd).
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  Statement of G7 Finance Ministers and Central Bank Governors https://home.treasury.gov/news/press-…
  Global Credit Market Seizes Up as Coronavirus Halts Bond Sales https://uk.finance.yahoo.com/news/cor…
  Junk-bond issuance stops ‘dead in its tracks’ on coronavirus fears https://www.marketwatch.com/story/jun…
  Virus Exacerbates Worst Start to Year in Decade for Europe Loans https://finance.yahoo.com/news/virus-…
  Biggest Junk-Bond ETF Suffers Stampede With Credit-Market Freeze https://finance.yahoo.com/news/bigges…
  The Global Dollar Short Squeeze https://www.lynalden.com/global-dolla…
  Governments Will Use The Coronavirus Card To Downgrade Estimates And Increase Interventionism https://www.zerohedge.com/geopolitica…

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