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[Reuters] Pelosi says ‘very close’ to coronavirus funding deal [CNBC] Coronavirus live updates: Pelosi says lawmakers are ‘very close’ to new rescue funding deal as US cases top 735,000 [MSN/Washington Post] Record government and corporate debt risks ‘tipping point’ after pandemic passes [Reuters] Trump warns China could face consequences for virus outbreak [CNN] Trump and […]
[Reuters] Wall Street Week Ahead: In companies’ earnings, words may matter more than numbers [CNBC] Coronavirus live updates: Stocks rally on hopes for a breakthrough, nations debate easing lockdown [Yahoo/Bloomberg] Nothing Is Certain But Bailouts: How Stimulus Works in a Vacuum [UK Guardian] Police in Hong Kong arrest 14 activists amid autonomy warnings [WSJ] The […]
Please join Doug Noland and David McAlvany this coming Thursday, April 23rd, at 4:00PM Eastern/ 2:00pm Mountain time for the Tactical Short Q1 recap conference call, “Managing Short Exposure in an Unprecedented Environment” Click here to register. The nineties were a fascinating time for top-down macro analysis. The decade began with a severe banking crisis, […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: An Earnings Season Like No Other It is that time again. We are just entering corporate earnings season, and, of course, we know it will be the worst in our collective lifetimes as the world economy has ground […]
[Reuters] Super-charged global stocks race towards second weekly gain [Reuters] Oil rises as Trump plans to ease lockdown [Reuters] Trump to release guidelines for phased-in re-opening of U.S. economy [Reuters] China’s first-quarter GDP posts first decline on record as virus shuts down economy [Reuters] China March industrial output falls 1.1% y/y, better than forecast; Q1 […]
This week we review the price movements of gold, silver, platinum, and palladium amid the current market conditions. As the economy sits on the brink, gold continues to climb getting closer to its all time highs. Will additional economic stimulus and radical moves from the Fed have an impact on the volatile equities markets? Thanks […]
[Reuters] Stocks head for higher ground, oil stuck in a rut [CNBC] Jobless claims total 5.245 million as 22 million positions have been lost in a month due to coronavirus [CNBC] US housing starts plunge 22.3% to 1.216 million in March, vs 1.3 million expected [Reuters] With confidence shattered, the road to a ‘normal’ U.S. […]
[CNBC] Dow falls 600 points as coronavirus shutdown slams economy, bank earnings [Reuters] Global shares dip as dire warnings for global economy weigh [Reuters] Oil falls 4% on oversupply concerns [CNBC] Coronavirus delivers record blow to US retail sales in March [MarketWatch] Empire State manufacturing index plunges to record low in April [Reuters] Trump says […]
