Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …read more […]
U.S. crude futures fell more than 5% in early trade on Monday, paring last week’s gains, on worries about oil oversupply and tempered hopes for an economic recovery as some U.S. states and cities around the world ease coronavirus pandemic restrictions.
U.S. universities are reeling from the chaos resulting from the coronavirus pandemic, and one dean’s far-sighted business move might help save his school a lot of money. …read more […]
Stock futures opened lower Sunday evening, as mounting concerns that companies would see lasting damage in the aftermath of the coronavirus pandemic spooked market participants. …read more […]
(Bloomberg) — U.S. equity futures declined in early trading, indicating the risk-off move that’s hit markets at the start of this month may have further to run.S&P 500 futures opened about 1% lower after global stocks posted a more than 2% slide on Friday. The Australian dollar slipped along with the pound and euro, though moves for most major currency pairs were subdued. Trading volumes may be light due to holidays in China and Japan, and Treasuries won’t trade until the London open. Oil began the week on the back foot.The more than 10% rally in world shares in April …read more […]
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]
With the Power of Siberia pipeline, Russia looks to fortify its position in China, boosting its exports to an eyed 50 BCm per year …read more […]
White House economic adviser Larry Kudlow said on Sunday he would not rule out anything in a new relief bill to ease the “tremendous hardships” of the coronavirus outbreak, including more money for state and local governments and small businesses.
Iceland may consider taking a stake in Icelandair Group if the government injects funds into the airline, Bloomberg reported, citing comments by Prime Minister Katrin Jakobsdottir to a local radio station.
It is gearing up to be another busy week for market participants with a slew of earnings announcements on the calendar and the highly-anticipated April’s jobs report. …read more […]
General Motors’ sales in China saw double-digit year-on-year growth in April, its two local ventures said on Sunday, as the world’s biggest auto market recovers from the coronavirus.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
