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[CNBC] Dow falls more than 800 points after market posts worst first quarter on record [AP] Global stock markets skid as coronavirus infections soar [Reuters] Oil prices mixed, U.S. inventory build-up heightens oversupply concerns [CNBC] Coronavirus live updates: Virus hits spring home sellers, Spain suffers highest death toll yet [CNBC] US companies cut 27,000 jobs […]
Peter Zeihan “U.S. consolidation is the order of the day” Following depression the U.S. will see the fastest re-tooling in world history Time to review these shows: Carmen Reinhart, Robert Higgs, Dr. Joseph Tainter, Neil Howe, & Harold James About This Week’s Guest: Peter Zeihan is a geopolitical strategist who combines an expert understanding of […]
[CNBC] Stocks fall more than 1% as the Dow heads for its worst first quarter ever [Reuters] Stocks end worst quarter since 2008 with small recovery [Reuters] Dollar surges on quarter-end flows; outlook robust [Reuters] Oil rises after 18-year lows prompt U.S.- Russia talks plan [Reuters] Coronavirus live updates: Spirit cancels New York flights, Spain’s […]
[CNBC] Stocks continue their rebound from last week as coronavirus measures extended [Reuters] Oil plunges to 2002 lows, shares sink again [Reuters] U.S. crude dips below $20 as lockdowns wipe out demand [Reuters] Dollar, yen up as investors seek shelter amid pandemic crisis [Reuters] China unexpectedly cuts reverse repo rate by most in 5 yrs […]
[CNBC] Coronavirus live updates: States ramp up testing, Gov. Phil Murphy responds to CDC’s tri-state area travel advisory [Reuters] Worry, problems and strife: Investors fear markets not out of woods despite big rally [Reuters] Pence says virus taskforce soon to deliver recommendation on whether to re-open economy [USAT] Florida coronavirus cases pass 4000: state border […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Crisis Is a Test; Some Companies Will Do Well On It Today we’ll take a brief break from the constant 24/7 coronavirus conversation and the ensuing damage in the capital markets. We’ll instead discuss how we think about […]
[CNBC] Coronavirus live updates: Some find lenders’ ‘relief’ misleading, farmers and police hit by virus [CNBC] Trump pushes back against congressional oversight for $500 billion bailout fund [Reuters] As virus threatens, U.S. embraces big government, for now [AP] Hawks no more: Fiscal conservatives embrace rescue package [Reuters] Fed action pushes top-rated U.S. corporate bond issuance […]
Being an analyst of Credit and Bubbles over the past few decades has come with its share of challenges. Greater challenges await. I expect to dedicate the rest of my life to defending Capitalism. One of the great tragedies from the failure of this multi-decade monetary experiment will be the loss of faith in free […]
