Americans have been warned to brace for the “hardest and the saddest week” of their lives as the nation’s coronavirus death toll jumped to three times the number of 9/11 fatalities. US Surgeon-General Jerome Adams said the coming days would be “the hardest and the saddest week of most Americans’ lives“ because of the pandemic. […]
Centers for Disease Control and Prevention suggests wearing cloth masks in confined public spaces The Centers for Disease Control and Prevention believe masks could be a key in stopping COVID-19 in its tracks. The CDC now recommends wearing a cloth mask in “public settings where other social distancing measures are difficult to maintain,” such as grocery […]
The S&P/ASX 200 index was up 4.3% at 5,286.80 at the close of trade, after the benchmark closed 1.7% down Friday. Southeast Asian stock markets are higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections. Major European nations reported lower virus death rates, with Italy seeing the […]
Investor morale in the euro zone fell to an all-time low in April and the bloc’s economy is in deep recession due to the coronavirus, which is “holding the world economy in a stranglehold”, a survey showed on Monday. Sentix’s index for the euro zone fell to -42.9 from -17.1 in March. The Reuters consensus […]
A tiger at the Bronx Zoo in New York City tested positive for the coronavirus, the zoo announced on Sunday. This is the first known instance of a tiger being infected with the virus. Nadia, a 4-year-old Malaysian tiger, was tested after she developed a dry cough and had a decrease in appetite, according to […]
$DIA $SPY $QQQ $RUTX $VXX Just In: Southeast Asian stock markets inched higher Monday, tracking global equities that gained due to a slowdown in coronavirus-related deaths and new infections Last Week’s US Stock Market View Technical Analysis: The action in the major US stock indexes over the past few sessions was almost identical as large-cap […]
Sunday, President Trump expressed hope that the United States is seeing a “leveling-off” of the coronavirus crisis in some of the nation’s Hot Spots, saying Americans were starting to see “the light at the end of the tunnel.” New York, the hardest-hit state, reported Sunday that for the 1st time in a week, deaths had […]
$VXX $DIA $SPY $QQQ Investors are studying a wide range of technical indicators, from infection counts to more traditional indicators, for clues on the direction the markets will take in coming weeks as the pandemic caused by the novel coronavirus continues to spread. Some point to signs that the worst of the waterfall sell-off that […]
$XAU $GLD $XAG $SLV $USD Welcome to Y 2020. As the COVID-19 coronavirus brings economies around the world to a standstill, gold is rivaling Treasuries and the Buck as the best-performing major asset so far this year. The precious Yellow metal proved its safe-haven status with a 6% rally as nearly $16-T was wiped off […]
$DIA $SPY $QQQ $RUTX $VXX $MS $EV Commentators from Morgan Stanley (NYSE:MS) to Eaton Vance (NYSE:EV) are encouraged by a combination of unprecedented government and central bank stimulus efforts, declining volatility and the Key: Signs that the coronavirus pandemic is peaking in parts of Europe. “There is light at the end of the tunnel but it’s still […]
Much of the world is at standstill right now while the COVID-19 coronavirus pandemic has hit “pause” on our physical travel plans, but we can fulfil our wanderlust, virtually. From virtual museum tours to online Broadway productions, to safari livestreams in South Africa, there is a virtual tour for every traveler. Here are the “Seven Wonders of the World” to […]
Sunday, St. Louis Fed President said the $2.2-T economic relief bill approved by Congress was appropriately sized and that a further relief effort may not be needed if support efforts are well executed. “I felt like this one was well-sized for the situation,” St. Louis Federal Reserve Bank President James Bullard said on TV when asked if […]
The $6-M donation will be split between the The Actors Fund, the MPTF and the Academy Foundation. Notably, the Academy of Motion Picture Arts and Sciences gives out more than just Oscars. Friday, Hollywood’s elite organization announced that it will be donating $6-M to “help support motion picture employees and their families facing severe financial […]
The United States is a land of plenty even in the chaos of the coronavirus, US federal health officials said last Thursday. State-by-State lockdowns may have created a rush on some items in grocery stores, but the food supply chains remain strong and shelves should soon be restocked, according to Frank Yiannas, deputy commissioner for […]
The coronavirus pandemic has cleared the streets in some of the world’s largest cities and Mother Nature is moving in filling the void. According to reports wild animals are reclaiming the streets in some cities across the globe. In east London, a herd of 100 deer, believed to have come from nearby Dagnam Park, settled in […]
“In the short run, we have to save lives and hibernate the economy. In the longer term we will have slower, but important changes. The pandemic raises appreciation for sick leave. We will fly less and, unfortunately, we will use less public transportation, but we will also work more from home, commuting and driving less. […]
Molecular hydrogen (H2) has antioxidant and anti-inflammatory effects, which make it potentially useful for COVID-19 as explained in the video below by Tyler LeBaron. Have a healthy weekend, stay home!
The current coronavirus “curve” is not and cannot be accurate since it does not include suspected cases of the illness before late February. It is unclear why scientists have not yet produced any models that attempt to calculate the virus’ presence here until testing was available. A big increase in symptoms very similar to coronavirus occurred a […]
In Y 2012, researchers from the University of Michigan noted a need to establish the efficacy of non pharmaceutical measures for mitigating pandemics, in this case, influenza. They studied whether the use of face masks and hand hygiene reduced rates of influenza and influenza-like illness (ILI) in 1,178 students living in university residence halls. The students were assigned […]
Due to the developing situation in China and Asia concerning the Coronavirus, this article has been prepared as a running live update service to keep businesses involved in ASEAN updated with the latest relevant regional news. Travel Advisory: we are hearing accounts of travelers in some ASEAN countries being denied entry if they possess any China visa […]
$USO Saturday, President Trump said he would impose tariffs on crude imports if he has to “protect” US energy workers from the Crude Oil price dive that has been exacerbated by a war between Russia and Saudi Arabia over market share. “If I have to do tariffs on oil coming from outside or if I […]
Saturday, President Trump said he is thinking about creating a 2nd coronavirus task force focused on reopening the country for business. The President detailed his desire to reopen the country during a White House press briefing. “We have to open our country,” President Trump said,“the cure cannot be worse than the problem itself.” President Trump […]
Friday, President Trump senior economic advisor Larry Kudlow said the United States’ economic situation will continue to be painful throughout upcoming weeks because of the damages caused by the coronavirus pandemic, but conditions may start to turn around in the next 4 to 8 wks, “This is not going to last throughout the year,” Mr. […]
How to Sew a Face Mask to Overcome the Shortage During Coronavirus Pandemic Have a healthy weekend, stay at home!
A final decision on postponement can be made only by the BIE, the World Expo governing body, do not have a decision yet. Expo 2020 Dubai, slated to begin in October this year, is likely to be delayed by one year due to the coronavirus situation. During a virtual meeting of its steering committee, with […]
The COVID-19 coronavirus pressed the Pause Button for the vast majority of Americans 19 days ago. And the nation’s favorite tourist destinations are mostly Ghost Towns. While the lights have not gone dark in NYC’s Times Square, the streets are empty. From Coast to Coast things have changed… Below is a look at what America’s […]
Millennials will soon become richest generation in American history, the timing is right… Experts encourage couples to have sex while quarantined or locked down during this coronavirus pandemic, saying it’s “the best solution” for depression. Having regular sex is better than staring at each other and getting on each other’s nerves. Social experts and regular […]
If you, your company or organization is interested in helping to stop the spread of COVID-19 coronavirus, please see this page on FEMA’s website for more information. Examples for the private sector include the following as stated by FEMA, as follows: To sell medical supplies or equipment to the federal government, please submit a price quote under the COVID-19 PPE […]
The 1st symptoms of a cold, flu and the coronavirus may be similar. Even the stuffy nose and itchy eyes that signal seasonal allergies can make you wonder if you are coming down with something serious. The experts say that as your symptoms progress, there are clear distinguishing signs that can help you take appropriate […]
The US State Department has stopped issuing passports because of the coronavirus outbreak, unless a person has a “qualified life-or-death emergency.” Although the department already issued an advisory telling Americans to avoid international travel, The State Department is taking additional steps to limit overseas travel. Only those who have “life-or-death emergencies,” for themselves or someone […]
Hong Kong stocks slipped Friday to end the week lower, as risk-averse sentiment strengthened on continued spread of the coronavirus with infections surpassing 1-M globally. At the close of trade, the Hang Seng index was down 43.95 points, or 0.19%, at 23,236.11. The Hang Seng China Enterprises index fell 0.37% to 9,491.1.The sub-index of the […]
Last week California Governor Gavin Newsom ordered 40-M Californians to Stay Home During Coronavirus Crisis, as the spread of COVID-19 coronavirus is making once unthinkably extreme policies seem like the least bad option. The Big Q: Is the whole Nation next? The Big A: Dr. Anthony Fauci, a Key member of President Donald Trump’s coronavirus […]
Stay on Top of the latest Coronavirus statistics and data by visiting this resource. The data is broken down by country to provide an easy glimpse of the latest trends. Click here. Have a healthy day, stay home!
A novel coronavirus which was 1st detected in November 2019 in the City of Wuhan, Hubei Province, PRC has shaken the world as it spread across continents. Global Travel Plus, a leading provider of global emergency assistance services, has compiled the latest updates regarding the coronavirus and explains how it affects travel, as follows: 1. […]
US Faces Down Threat of Coronavirus Americans face down the coronavirus, buy more than 2.5-M guns in March. Gun sales spiked across the United States as the coronavirus pandemic spread, with retailers seeing the highest sales volume in recorded history. The FBI’s firearm background check system conducted a record number of checks last month, 3.7-M, […]
$MSFT The UK’s NHS is taking a back-to-basics approach during this pandemic. Doctors working on some of London’s busiest wards are using walkie talkies, pagers and smartphones to communicate during working hours. Despite what the future has in store, the relationship between healthcare and big tech firms in Britain is deeply at odds from what […]
The United Nations pushes ambitious project, demanding 10% of the global GDP, to fight COVID-19 coronavirus In a fresh 26-page report, the United Nations has a plan to address the multi-threaded socio-econmic impact that COVID-19 is wrecking on the world. The UN describes it as a “global health crisis unlike any in the 75-year history […]
Leading disease forecasters, whose research the White House used to conclude that 100,000 to 240,000 people will die nationwide from the coronavirus, were mystified when they saw the administration’s projection this week. The experts said they don’t challenge the numbers’ validity but said they don’t know how the White House arrived at them. White House […]
The Fog of War obscures much about the novel coronavirus pandemic. But 2 facts are certain, 1) China’s Communist authorities have lied, concealed and misled about the origins of the epidemic and the toll of the virus in China, and 2) the World Health Organization has acted as Beijing’s handmaid. The result: The global toll of this […]
$DIA $SPY $QQQ $RUTX $VXX $GLD $XAU $USD Gold Dealers Report Big Shortages of Small Bars and Coins Gold has been and is the traditional safe-haven of choice for investors looking to protect themselves against stock market dives. When Bear markets come on, gold often performs very well. Gold is off a bit this Spring, […]
Georgia Gov. Brian Kemp said he only just learned that people without symptoms can spread the coronavirus and that the revelation affected his decision to issue a statewide shelter-in-place order Wednesday. “So what we’ve been telling people from directives from the [Centers for Disease Control and Prevention] for weeks now, that if you start feeling […]
Asian share markets were down Thursday, clouded by the rising US coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy, ahead of another likely record week of jobless claims. With hopes growing that the worst of the outbreak may have passed for China and SKorea, the […]
Economic depression and unemployment can be overcome, but a massive loss of American civil liberties might be tough to regain, that according to economist Ben Stein “I fear that A. we are headed toward depression and B. loss of our civil liberties in a very big way and it’s going to hard to get them back,” Mr. Stein […]
$RACE Ferrari (NYSE:RACE) says that accepting the delay to the introduction of the new Y 2021 regulations has likely put it at a disadvantage to its rivals, but it had to do so for the sake of F1. In the wake of the coronavirus pandemic upending the F1 season schedule, and teams likely to face […]
By: Anthony S. Fauci, MD, H. Clifford Lane, MD, and Robert R. Redfield, MD The latest threat to global health is the ongoing outbreak of the respiratory disease that was recently given the name Coronavirus Disease 2019 (Covid-19). Covid-19 was recognized in December 2019. It was rapidly shown to be caused by a novel coronavirus that is structurally […]
$V, $MA, $SQ, $PYPL, $JPM, $C As important as the management of the ongoing health crisis is, getting economies up and running again as we emerge from lockdowns will help mitigate the long-term impact on people’s livelihoods is bigger. Payments operators can help business activity to resume in the shortest term while they realign their […]
Rumours began to leak out of China about a strange illness inflicting citizens in the City of Wuhan in January. Word soon got out that a virus known as “SARS-CoV-2” was causing a disease named “coronavirus disease 2019.” In the few weeks since it was 1st discovered, coronavirus has infected more than 125,000 people around the […]
New estimates showing a significant number of those infected with coronavirus show no symptoms are prompting top health officials in the United States to reconsider guidance on whether Americans should wear masks to curb the spread. Centers for Disease Control and Prevention (CDC) Director Dr. Robert Redfield told NPR that an estimated 25 percent of […]
Wednesday, President Trump warned Iran and its proxies against attacking US troops or assets in Iraq, citing a possible “sneak attack”, and it appears Iran has stood down. “Upon information and belief, Iran or its proxies are planning a sneak attack on US troops and/or assets in Iraq. If this happens, Iran will pay a […]
President Trump, anticipating a rise of drug abuse in the US due to the global coronavirus pandemic, has marshaled the DoD t for “enhanced counternarcotics operations” at the southwestern border Wednesday. President Trump spoke about increased drug abuse issues stemming from this health crisis, particularly unemployment and depression. Now the US Navy and Air Force […]
FCC Chairman Ajit Pai said Wednesday that the government’s new Telehealth program will allow healthcare providers broadband connectivity and devices that will allow patients to get care they need remotely. “This is a game-changer for American healthcare providers and America’s patients,” Chairman Pai said on TV. He explained that the CARES Act, or the 3rd […]
Russian President Vladimir Putin will hold a government meeting on Wednesday by video conference, the Kremlin said, a day after a doctor who met Putin last week said he had been diagnosed with the virus. Denis Protsenko last week gave Putin a tour of Moscow’s main coronavirus hospital and shook hands with the Russian leader. […]
Balance sheet and cash flow strengths are expected to buoy Facebook, Inc. (NASDAQ:FB) through the coronavirus-related downturn Balance sheet and cash flow strengths are expected to buoy Facebook through the coronavirus-related downturn. In fact, the social media company is expected not only to survive, but to thrive. “FB is benefiting from increasing user engagement as more people […]
Asian equities recorded their biggest foreign outflow in at least 12 years in March, hit by the coronavirus pandemic and its impact on businesses across the region, with most factories shuttered to contain its spread. The S&P/ASX 200 index finished 3.6% higher at 5,258.60, recovering from the benchmark’s 2.02% fall Tuesday. The benchmark closed at […]
$GC $XAU $GLD Just in: Gold rose more than 1% Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4% at 1,592.83 per ounce by 0730 GMT, having slumped 3.1% in the prior session on a […]
$RACE Agreeing to delay the all-new 2021 F1 regulations puts Ferrari (NYSE:RACE) facing the likelihood of being at a disadvantage compared to its rivals, says team Boss Mattia Binotto. As a result of the global coronavirus crisis, this year’s F1 season has been disrupted and forced major alterations for the motorsports’ championship’s future. It was […]
$RACE Yes, Ferrari’s (NYSE:RACE) factories are located in the center of Italy’s coronavirus tragedy, but the company has said it hopes to reopen its Maranello and Modena factories on 14 April provided it has guaranteed parts supplies. Investors expect Ferrari profitability to slow a bit in Y 2020 but recover and resume accelerating in Ys […]
Just in: The Trump White House model now projects at least 100,000 coronavirus deaths in US. As millions of Americans confront considerable hardships, President Trump and his coronavirus task force members warned late Tuesday that the United States would suffer between 100,000 to 240,000 fatalities in the best-case scenario. The Trump White House officials are relying on […]
Grocery shopping will be challenging for high-risk people during the coronavirus pandemic. The People need food, but the grocery store may be a place for potential infection. The most important advice from the experts is to reducing trips to the store, thus reducing your exposure to other people. If you can get it down to […]
Today, as a result of the coronavirus pandemic, the world’s best Chefs are focused on serving up awareness about the doomed state of the food service industry. Good work, yes!, but that activism on Top of the $2.2-T aid/relief package will likely not be enough. “I expect 70% of restaurants will close as a result […]
The market for restaurant takeout and delivery is heating up as people become homebound and dining establishments across the county have been forced to close their eat-in business. Experts say it is safe to order food in because although research on COVID-19 is just developing The Centers for Disease Control and Prevention (CDC) says there […]
$DIA $SPY $QQQ $RUTX $VXX America is at War President Trump is commanding and the nation’s governors, mayors and industry leaders are acting in concert to mobilization efforts for the major conflict. As with all major Wars, this will change how Americans think, engage with the world, and behave. Since WWII, Western leaders have embraced globalization, governed by rules for equitable competition, […]
What is viral load? Your viral load is simply how much virus you have in your body – in medical terms it refers to how much virus is measured in a standard volume of fluid, usually blood or plasma. It is commonly used when talking about HIV – patients whose conditions are being well managed and are […]
WHO, FIFA launch joint campaign to equip football community to tackle COVID-19 FIFA, the international governing body of football, and the World Health Organization (WHO) have teamed up to combat the coronavirus (COVID-19) by launching a new awareness campaign led by world-renowned footballers, who are calling on all people around the world to follow five […]
Ethereum: USD/ETH (ETH=) price seems to be struggling to clear the $134 and $135 resistance levels After struggling to stay above the $140 level, Ethereum price started a downside correction against the US Dollar. ETH price topped near the $142 level and it traded below the $135 support area. Besides, it broke the $130 level and the […]
In “Burn the Ice: The American Culinary Revolution and Its End” (Penguin Press, 384 pgs, $28) a new book by James Beard Award-winning food journalist Kevin Alexander, the thesis is that due to an confluence of factors: saturated restaurant markets, rising labor and food costs, weak sales, changing consumer tastes and loyalties, a shrinking middle class, declines […]
The Netherlands is the latest country to reject China-made coronavirus testing kits and other protective gear, calling the items substandard and raising serious questions about the quality of the supplies Beijing is selling to the world. The Netherlands joins Spain, Turkey, Georgia, and the Czech Republic in their concerns over masks and test kits. The claims come as the number […]
Cardinal Angelo De Donatis, Pope Francis’ vicar for the diocese of Rome, on Monday became the highest-ranking Catholic official known to test positive for coronavirus. De Donatis’ office said he was tested for the virus after feeling unwell and was admitted to a Rome hospital. His closest aides had gone into voluntary quarantine as a […]
A 102-year-old Italian woman who spent more than 20 days in the hospital with COVID-19 has recovered from the disease. Italica Grondona was admitted to San Martino Hospital in Genoa in early March for “mild heart failure,” according to her doctor, Vera Sicbaldi. She also had mild coronavirus symptoms, so she was tested for COVID-19 […]
$SNY $NVS $ABT The results being seen from an anti-malarial drug approved by the FDA on an emergency-use designation for the treatment of coronavirus are “unbelievable,” President Trump said Monday. “The hydroxychloroquine is something that I have been pushing very hard,” President Trump said on TV. “Dr. Steven Hahn, the head of the FDA, gave us […]
$JNJ, $ABT, $GILD, $NVS, $TEVA, $SNY, $RGCN There are currently 548,000 active cases of the coronavirus and over 191,000 closed cases. Of those with outcomes, nearly 156,000 of those infected have recovered, while over 35,000 deaths have been reported. The quickest, most effective solution to this situation is to find a vaccine. Below are some […]
$JPM $SPY Over the weekend, strategists at JPMorgan Chase & Co. (NYSE:JPM) concluded that most risk assets including stocks and credit have marked their low points in this Virus War frame that has gripped economies around the world. Conditions that JPMorgan had set for market stabilization and revival have largely been met, with recession-like pricing, […]
$MSFT $AAPL $AMZN $GOOGL $FB $BRK.A $V $JPM $WMT These are large companies that are well positioned to help the new/post-virus consumer economy and the product and service businesses that serve it. Microsoft Corp’s (NASDAQ:MSFT) market cap is $1.13-T. Shares have retreated 7.6% over the past month. The company’s position as a leader in cloud […]
$DIA $SPY $QQQ $RUTX $OIL $USO $VXX DJIA Jumps 700 as Crude Oil Falls Below $20 to 18-Yr Lows US stocks rose Monday as investors look for shares that have become cheap and can withstand the impact to the economy from efforts to stem the spread of the coronavirus. The S&P healthcare sector jumped 4.67% on the […]
While we focus on vaccines, anti-virals and respirators in the fight against COVID-19, there’s another type of technology that gets less attention, but may be even more important in lessening the impact of the pandemic—information technology. Given that we’ve been hearing more and more about the importance of widespread testing, we’re probably less surprised at this than we […]
With 724,566 cases worldwide and 34,017 deaths (as of 30 March 2020, 1700), the COVID-19 pandemic has brought stock markets across the world to their knees. Panic selling from investors has greatly impacted markets. In Malaysia, on March 15, the FBM KLCI slumped to its lowest since December 2011 due to the outbreak of the […]
COVID-19, the potentially fatal respiratory illness first detected in December 2019, has spread across the globe with unseen speed and ferocity. It’s forced the cancellation of major events, postponed sports seasons, and sent the world into self-isolation in an attempt to curb the spread. Health authorities and governments are attempting to flatten the curve and mitigate extensive transmission in the […]
$DIA $SPY $QQQ $RUTX $VXX $JPM Just in: JPMorgan (NYSE:JPM) says the stock market rout has probably past its worst now. Again, there is something really different about the COVIS-19 coronavirus and the world’s reaction to it, the reaction is unprecedented, and scary. The past 4 wks have seen huge responses not only from central […]
$XAU $GLD $USD Volatile stock markets and the outbreak of the coronavirus helped drive holdings in gold-backed ETFs to record highs in Y 2020. The buying is a clear indication of the prominent role of gold ETFs in investors’ portfolios, especially during periods of uncertainty and panic. Gold-backed ETFs saw $4.9-B of inflows in February, […]
President Trump’s handling of the coronavirus crisis has displayed a positive side of him that many had not acknowledged before, political commentator Dick Morris said Sunday. Mr. Morris said that “people are seeing a Donald Trump they have not seen before” and argued that “he does not act like Trump usually does. He does not […]
The most important finding of this new national poll shows that the majority of voters support the President for his handling of the coronavirus national emergency at one of the most difficult times in American history The results of this just completed national survey of 1,000 likely voters (+/-3.1% at 95% C.I. taken 23-26 March), […]
Never doubt that the US is ready for the medical challenges ahead. The nation is, actually rated #1 in terms of disaster readiness, according to the Global Health Security Index, compiled by Johns Hopkins University. The US Tops the list of 195 countries. “Despite claims by the mainstream media and the Democratic Party that the United States […]
Australian officials will use fines and the threat of jail to enforce a new rule limiting public gatherings to two people, as the country’s coronavirus infection rate slowed but the death toll crept higher. New South Wales and Victoria, the country’s two most populous states, will introduce the penalties from midnight on Monday to enforce […]
Dear Friends of the Concorso, Everything has suddenly become very different this Spring. Our thoughts and wishes are with all those, who are suffering from the terrible consequences of this pandemic. We are thinking in particular of everyone in Northern Italy, a paradise on earth, which is also home to the Concorso d’Eleganza Villa d’Este. […]
New York state’s death toll from the coronavirus outbreak climbed Sunday above 1,000, less than a month after the first known infection in the state. Most of those deaths have come in just the past few days. New York City reported in the evening that its toll had risen to 776. The total number of […]
The $2.2-T package is a much-needed lifeline for the shuttered movie business. As movie theaters across the United States remain dark, movie productions stay shuttered and thousands find themselves out of work for the near future, the Motion Picture Association (MPA) welcomed the passage of federal aid Friday, hoping to bring urgently needed relief to […]
The Covid-19 outbreak is adding to the strain on Dubai’s real estate market The widening coronavirus pandemic could see Dubai property prices falling to marks last seen 10 yrs ago, according to S&P Global Ratings. “We believe real estate prices are approaching levels seen at the bottom of the last cycle in 2010, and are […]
$SPY The economic shock from the coronavirus pandemic shocked US investors 5 wks, and now they are expressing the most pessimism about the direction of the stock market since February and March 2009, in the aftermath of the previous financial crisis, according to an AAII survey conducted during the week ended Wednesday, 25 March. Some […]
$ICE $USD $BAC $WFC This week Fed Chairman Powell set out to offer a explanation for the complicated steps he is taking to relieve dire stresses in the global financial system. “Many places in the capital markets, which support borrowing by households and businesses. I am talking about mortgages and car loans and things like […]
Saturday, President Trump said that he was considering an “enforceable quarantine” in the New York, New Jersey and Connecticut area due to the coronavirus outbreak. New York Governor Andrew Cuomo meanwhile said he had not spoken to the President about a quarantine. “I do not even know what that means,” Governor Cuomo said. “I do not know […]
You can still get your fill of the great outdoors, even if you have to stay inside. The USA has lots of super places to visit, with the majestic National Parks featured on the bucket list of most travelers. Whether you are enjoying the shorelines of the East Coast, traveling along the magnificent West Coast, or […]
Governments around the world have to deal with this health crisis and manage the economic side effects. Some are doing it better than others, but this is not nearly over. Now is is clear the US government will spend several trillion dollars in direct healthcare costs, business aid and payments to American workers. The federal budget was […]
“We were strong before we went into the health crisis, we will be strong when we come out of it,” said Dallas Fed President Robert Kaplan 2 Fed regional bank Presidents expressed confidence the US economy can rebound strongly after coronavirus restrictions on consumers and businesses are lifted. “This is a public health crisis” and […]
Over the last 40 yrs globalization stripped the US economy and made life uncertain for America’s middle class. In that frame America became a land of Winners and Losers who did not talk to their neighbors, did not know their names or the country neighbors came from. Looking at The Trump Era, The Age of Entitlement: […]
There is much we do not know about the COVID-19 coronavirus, but researchers are starting to piece the puzzle together as we go along. For example, a recent Chinese investigation suggests COVID-19 coronavirus is “highly sensitive” to high temperatures and spreads faster in colder climates, its most rapid spread is occurring at a temperature of […]
$DIA $SPY $QQQ $RUTX $VXX Friday, investors took some profits after the American Aid bill was passed and sent to President Trump for signing. By the end of the session, the DJIA was off 4.1%, S&P 500 and NAS 3.8 shed 3.4% and 3.8% respectively. The strong gains made on the week drove the DJIA […]
British Prime Minister Boris Johnson on Friday became the first world leader to test positive for coronavirus. Johnson confirmed the infection himself on his official Twitter account. Britain’s leader, who is 55, said he developed mild symptoms over the last 24 hours. “I am now self-isolating, but I will continue to lead the government’s response via video-conference […]
The number of Chinese cellphone users dropped by 21 million in the past three months, Beijing authorities announced on March 19. Deaths due to the CCP virus may have contributed to the high number of account closings. Cellphones are an indispensable part of life in China. “The digitization level is very high in China. People […]
$DIA $SPY $QQQ $RUTX $BLK $CS $JPM Stocks extended their rally after the Senate and Fed took unprecedented measures to protect the US economy from the coronavirus shock, with Black Rock (NYSE:BLK), Credit Swiss (NYSE:CS) and other big Wall Street banks said Thursday night that the major US stock market indexes marked at an inflection […]
Thailand reported 91 new coronavirus cases and 1 fatality, bringing the total to 1,136 cases and 5 deaths, a health official said on Friday. The latest death was of a patient in Narathiwat province bordering Malaysia, the health official said. The new infections consist of 30 patients linked to previous cases and 19 cases including […]
