More
[Reuters] Stocks mixed as investors focus on U.S. stimulus [Yahoo/Bloomberg] Treasuries Slump With Dollar Amid Stimulus Bets: Markets Wrap [Reuters] Yuan hits 27-month high on PBOC guidance, upbeat data [CNBC] Mortgage demand from homebuyers falls for the fourth straight week [CNBC] Stimulus package is unlikely to get through Congress before the election, Goldman Sachs says […]
The pandemic allows for hyper-money printing Debt trap starts with we can, then we should, then we must CLICK HERE To Register For The Tactical Short Q3 Call Thursday October 22, 2020 – 4:00pm Eastern / 2:00pm Mountain The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick The Fed Breaks The Window, Then […]
[Reuters] Wall Street gains as deadline for fresh stimulus looms [Yahoo/Bloomberg] Oil Slides With OPEC+ Warning of Precarious Market Outlook [Reuters] Pelosi, Mnuchin push coronavirus relief talks as U.S. Senate votes on limited bill [Yahoo/Bloomberg] U.S. government to file antitrust lawsuit against Google on Tuesday – source [CNBC] U.S. housing starts total 1.415 million in […]
Here is a print-ready version of this article: WHAT WILL THE 2020 ELECTION MEAN FOR YOUR FAMILY’S FINANCES? Going into the 2020 election, America finds itself sharply divided and gripped by immense fear and uncertainty. You could scarcely be blamed if you shared in these emotions. But keep in mind that they’re neither new nor […]
[CNBC] Stocks rise as traders weigh rising coronavirus cases, U.S. stimulus talks [Reuters] Vaccine hopes drive stocks higher on ‘Black Monday’ anniversary [CNBC] Treasury yields jump amid renewed stimulus hopes [Reuters] Time’s up: After a reprieve, a wave of evictions expected across U.S. [CNBC] Global coronavirus cases hit 40 million as second wave gathers pace […]
[Reuters] U.S. Speaker Pelosi says differences remain on testing language in coronavirus relief [Reuters] Senate to vote this week on ‘skinny’ pandemic relief bill, PPP funds [Reuters] Fed officials call for tougher regulation to prevent asset bubbles: FT [Yahoo/Bloomberg] U.S. Cases Top 50,000 Again; Italy Readies Curbs: Virus Update [Reuters] Defiant protesters take over Bangkok […]
[Reuters] Coronavirus spending pushes U.S. 2020 fiscal year deficit to record $3.132 trillion [CNBC] U.S. is staring down a ‘substantial third wave’ of coronavirus cases. Here are the numbers [Yahoo/Bloomberg] U.S. Adds Most Cases Since July; Italy Mulls Curbs: Virus Update [AP] Rural Midwest hospitals struggling to handle virus surge [Reuters] Moody’s downgrades UK as […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Backing and Filling Before the Election Earnings season kicked off this week. However, the real focus for the markets seems to be the second wave of growth in COVID cases, the upcoming elections, and conversations around fiscal policy […]
