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Where do the markets go from here? With record stimulus spending and the fears of volatile Q2 employment numbers what is next for investors and how will the precious metals react? This week we cover the price movements of gold, silver, platinum, palladium, and the US dollar. We also recap some of your listener questions […]
[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 […]
