More
[Reuters] Wall Street slides after jobless claims data [Reuters] Oil prices rise on some signs of pick up in fuel demand [CNBC] US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks [AP] 30 million have sought US unemployment aid since virus hit [Yahoo/Bloomberg] U.S. Personal Spending Plummeted by a […]
[Reuters] Shares up as economies look to reopen [Reuters] Oil prices rise after smaller than feared U.S. inventories build [CNBC] US GDP shrank 4.8% in the first quarter amid biggest contraction since the financial crisis [AP] Federal Reserve likely to pledge support for ailing economy [CNBC] Coronavirus live updates: GE warns of Q2 financial hit, […]
The Covid carte blanche power grab Covid excuse to spend trillions – (you get to pay it back) New cold war companions? Russia & China. CLICK HERE to Listen to the MWM Q1 2020 Conference Call The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Eco-Spasm: Economic Inflation & Deflation All At Once […]
[CNBC] Stocks add to Monday’s gains with Dow futures up more than 300 points [CNBC] Oil drops 12% on storage capacity fears and weak demand, futures were down as much as 20% [CNBC] Coronavirus live updates: Stay-at-home stocking up boosts earnings, US cases near 1 million [CNBC] Home prices were gaining serious strength just before […]
[Reuters] Shares jump as investors cheer lockdown easing, more stimulus [Reuters] Oil prices skid on oversupply, storage concerns [Reuters] U.S. dollar falls as lockdowns ease and traders turn less averse to risk [Reuters] Italian government bonds rally on S&P ratings relief [CNBC] Coronavirus live updates: Ex-FDA chief still sees ‘pervasive spread’ in US, VW restarts […]
[Reuters] U.S. response to virus splinters into acrimony and uncertainty [CNBC] Coronavirus live updates: China says all Wuhan patients have been discharged, Russia cases top 80,000 [Yahoo/Bloomberg] World’s Biggest Central Banks Meet as Pressure Mounts to Do More [Reuters] When oil became waste: a week of turmoil for crude, and more pain to come [NY […]
[Reuters] U.S. deficit could quadruple to $3.7 trillion in coronavirus crisis: CBO [CNBC] Trump pulls punches and clings to his China trade deal as backlash against Beijing grows [CNBC] Coronavirus live updates: WHO warns about reinfection, US cases top 900,000 [Reuters] Exclusive: China sent team including medical experts to advise on North Korea’s Kim [Fox […]
Now on a weekly basis, we’re witnessing things that couldn’t happen – actually happen. April 20 – Bloomberg (Catherine Ngai, Olivia Raimonde, and Alex Longley): “Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S. oil […]
