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Man on the street intuition: “I want some silver coins,”. Fed Intervention is about keeping bankers solvent. Warren Buffett Speaks: Beware of what he says but watch what he does… The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Save The Bankers! Sacrifice The Currency May 6, 2020 Start reading the Credit Bubble […]
[Reuters] Stocks climb on oil gains, easing of lockdowns [Reuters] Oil spurt lifts stocks out of three-day losing streak [Reuters] Euro drops after German court ruling fuels uncertainty [Reuters] Oil prices extend gains on demand hopes as lockdowns ease [Reuters] German court hands ECB three-month ultimatum to justify stimulus scheme [Yahoo/Bloomberg] German Court Issues a […]
[Reuters] Wall St returns to losses as Buffett dumps airlines, China tensions flare [Reuters] Global stocks fall as U.S.-China tensions threaten rebound [Reuters] Oil falls on renewed U.S.-China tensions, global glut [CNBC] Coronavirus live updates: Global cases top 3.5 million, Trump predicts a vaccine by end of 2020 [Reuters] Trump administration pushing to rip global […]
[CNBC] Coronavirus live updates: Vietnam reports first case in nine days, Roche to double antibody test production [Yahoo/Bloomberg] Fears Mount About Inflation Returning With a Vengeance [AP] Many lockdowns ease but Russia, India, UK still struggling [Yahoo/Bloomberg] Saudi Stocks Slump as Minister Warns of ‘Painful’ Measures Ahead [Bloomberg] Treasury’s $4 Trillion Funding Task Signals Record […]
[CNBC] Coronavirus live updates: Protesters demand states reopen businesses and ease restrictions as US cases top 1.1 million [Reuters] Wall Street Week Ahead: Stocks face test as reopenings could fuel demand – or more coronavirus [Reuters] Buffett’s Berkshire posts nearly $50 bln loss as coronavirus causes pain [Reuters] ‘Once Upon a Virus’: China mocks U.S. […]
In a CBB from a decade or so ago, I noted that at the commencement of WWII President Roosevelt marshaled an agreement from the major warring parties to avoid the bombing of civilian targets. It was not long, however, before civilians living near military installations were considered unfortunate collateral damage. And so began the incremental […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Coronacosts or Just a Smokescreen? The best part of waking up is …EBITDAC in your cup?[1] We are in the thick of earnings season, and it is a very busy time as we learn of the numerous ways […]
[Reuters] Stocks fall further after Trump’s China tariff threat [Reuters] Chinese yuan falls on U.S. tariff threat, Australian dollar sinks [Reuters] Oil rises towards $27 as OPEC+ begins record cut [Reuters] Trump threatens new tariffs on China as U.S. mulls retaliatory action over virus [Reuters] Trump confident that coronavirus may have originated in Chinese lab […]
