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Will QE go from $60 billion a month to infinity? Ask Venezuela… Are you positioned for a weaker dollar? Increase your financial footprint 32x without adding new money The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Coronavirus Market Turmoil – What Else Can The FED Do? March 4, 2020 “What is your […]
[Reuters] Global shares extend rebound on hopes of G7 support [Reuters] Oil extends gains on expectations for coordinated effort to offset coronavirus impact [Reuters] Yen, franc rise as coronavirus uncertainty outweigh stimulus hopes [CNBC] G-7 countries promise to use policy tools but offer no specific actions to combat coronavirus [Reuters] Exclusive: G7 draft statement on […]
[Reuters] Stocks cling to stimulus hopes, Treasuries slide towards 1% [Reuters] Oil up as hopes of OPEC cut, stimulus counter virus gloom [CNBC] Coronavirus live updates: First case confirmed in New York City, Europe raises risk level [AP] Markets want Fed to save them. Why its tools might not work. [Reuters] BOJ reassurance on coronavirus […]
[K5News] Over 50 people at Kirkland nursing facility undergoing testing for coronavirus [Reuters] South Korea closes churches as coronavirus tally passes 3,500 [Reuters] Coronavirus weighs on South Korea February trade; ministry says worse to come [Reuters] Schools, universities to stay shut as Italy coronavirus death toll rises [CNBC] Coronavirus live updates: Australia and Thailand report […]
[Reuters] China data portends more punishment for bruised stock markets [Reuters] China February factory activity contracts at record pace as coronavirus bites [CNBC] Coronavirus live updates: France bans large gatherings, cancels Paris half-marathon as outbreak spreads [Reuters] Global downturn looms as countries struggle to contain coronavirus outbreak [Reuters] Iran calls on people to stay at […]
“U.S. Stocks Tumble 11% in Worst Week Since Crisis,” read the Friday evening Bloomberg headline. A Wall Street Journal caption asked the apt question: “U.S. Stocks Were at Records Last Week. What Happened?” A Friday Bloomberg article (Lu Wang) is a reasonable place to start: “It’s a stat so shocking that it’s difficult to believe: […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Evaluating the Storm Corona: The new “value” beer? Or value trap? It is virtually impossible to discuss hard assets without addressing this week’s global market rout on a more macro level. In market panics like this, individual company […]
[Reuters] Stocks plunge on coronavirus fears even as U.S. ramps up fight against spread [CNBC] 10-year Treasury yield collapses to another record low of 1.16%, 2-year rate tumbles below 1% [Reuters] Yen soars as investors stampede to safety [MarketWatch] Global oil benchmark falls to 2 1/2-year low as coronavirus sparks demand fears [CNBC] Coronavirus: WHO […]
