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[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 […]
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 […]
