USA Economy is Recovering

USA Economy is Recovering

#COVID19 #CORONAVIRUS #ECONOMY Economic activity in the manufacturing sector grew in July, with the overall economy notching a third consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: […]

Good Nutrition is a Must When It Comes to Fighting C-19 Coronavirus

Good Nutrition is a Must When It Comes to Fighting C-19 Coronavirus

#C19Cronavirus #nutrition #diet #immune #disease #prevention #morbidity IF YOU WANT MARKETS TO RECOVER READ THIS AND WEAR A MEDICAL MASK Poor metabolic health is linked to underlying conditions including diabetes and cardiovascular disease that create major complications for people fighting coronavirus, confirming the critical link between C-19 and nutrition. Chronic health conditions such as hypertension, […]

Soap Vs Hand Sanitizer: Science Says ‘Soap and Hot Water Wins’

Soap Vs Hand Sanitizer: Science Says ‘Soap and Hot Water Wins’

#soap #water #CDC #C19cronavirus #washing #hands IF YOU WANT MARKETS TO RECOVER READ THIS AND WEAR A MEDICAL MASK Studies have shown that good hand hygiene can help slow the transmission of C-19 coronavirus. The Centers for Disease Control and Prevention (CDC) says that using soap and water is the best way to kill germs. If […]

The Way Forward on COVID-19: A Road Map to Reset the USA’s Approach to the Pandemic

The Way Forward on COVID-19: A Road Map to Reset the USA’s Approach to the Pandemic

#COVID19 #PANDEMIC Amid rising numbers of COVID-19 cases, hospitalizations, and deaths this summer, the AAMC (Association of American Medical Colleges) today released “The Way Forward on COVID-19: A Road Map to Reset the Nation’s Approach to the Pandemic” to dramatically change the nation’s approach to the coronavirus pandemic and save lives. The set of 11 evidence-based […]

USA Gets a Downgrade as Covid19 Continues

USA Gets a Downgrade as Covid19 Continues

#USA #COVID19 #Economy Ratings agency Fitch on Friday downgraded the outlook for the United States to negative from stable, warning of high debt and deficits made worse by the coronavirus downturn. “The outlook has been revised to negative to reflect the ongoing deterioration in the US public finances and the absence of a credible fiscal […]

Euro Faces a Difficult Time

Euro Faces a Difficult Time

The -12.1% Q-o-Q growth rate is the worst ever recorded and a pretty difficult one to interpret. It is a shocking drop, but completely understandable as the economy was shut for a considerable period during the quarter. It, therefore, doesn’t tell us all that much about the general state of the economy, which is usually why […]

Coronavirus and US Consumer Confidence

Coronavirus and US Consumer Confidence

US consumer confidence deteriorated in July as the coronavirus pandemic intensified, with the short-term outlook for business conditions, earnings and employment all worsening, according to a key survey released Tuesday. The Conference Board research firm said its consumer confidence index fell to 92.6 from 98.3 in June, worse than analysts expected amid a surge in […]

US Direct Investment by Country and Industry, 2019

US Direct Investment by Country and Industry, 2019

#USA #ECONOMY The U.S. direct investment abroad position, or cumulative level of investment, increased $158.6 billion to $5.96 trillion at the end of 2019 from $5.80 trillion at the end of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The increase reflected a $95.7 billion increase in the position in Europe, primarily in […]

IBM (NYSE:IBM) Take a Look at the US Economy

IBM (NYSE:IBM) Take a Look at the US Economy

The most recent findings from an ongoing IBM (NYSE:IBM) Institute for Business Value (IBV) survey of U.S. consumers show that Americans remain concerned about returning to the workplace in the face of the ongoing pandemic, and expect further outbreaks of COVID-19 in the fall. The July research revealed a slight contrast in consumer attitudes compared to […]

US Jobs Data Rattles Markets

US Jobs Data Rattles Markets

Newly unemployed Americans filed nearly 1.42 million claims for jobless benefits last week, reversing recent months of decline as the world’s largest economy grapples with a surge in coronavirus cases. The worse-than-expected Labor Department data comes as lawmakers in Washington debate whether to extend additional weekly payments made to unemployed people provided under the $2.2 […]

Dow Jones Industrial Average (.DJI) Prepares For Busy Week

Dow Jones Industrial Average (.DJI) Prepares For Busy Week

$DJI #DowJones #Markets #Trading Last week the NASDAQ blew the doors off its counterparts with a jump of 4%, but this week it was the only major index to finish in the red. The Dow had the best performance over the past five days by advancing 2.3%, thanks to vaccine hopes and the beginning of […]

Euro: EUR/USD (EUR=X) Expected To Rise

Euro: EUR/USD (EUR=X) Expected To Rise

$EUR #Euro #FX #Currencies #Trade #Markets The euro has broken above the 200 week EMA during the last couple of trading sessions, and remains very resilient, despite the actual fact that we continue to form plenty of wicks. That being said, for me the real breakout is going to be higher than the 1.15 handle, […]

Twitter Bitcoin Scam Pulled in Big Money

Twitter Bitcoin Scam Pulled in Big Money

Wednesday’s massive Twitter hack saw Bitcoin scammers rake in about $120,000 in just two hours as at least 367 users fell prey to fake tweets sent from verified accounts of prominent US figures. Official Twitter accounts of billionaires Elon Musk, Jeff Bezos and Bill Gates as well as Barack Obama, Joe Biden and Kanye West, […]

No Hope for a Euro Deal

No Hope for a Euro Deal

Germany’s Chancellor Angela Merkel warned that EU leaders may fail to reach an agreement on Sunday on a huge post-virus recovery plan for the shattered European economy. Arriving for the third and what she said was probably the “decisive” day of an extraordinary European summit, Merkel said the 27 leaders had “many positions” on the […]

F.N.B. Corporation (NYSE:FNB) Posts Strong Quarter

F.N.B. Corporation (NYSE:FNB) Posts Strong Quarter

F.N.B. Corporation (NYSE:FNB) reported earnings for the second quarter of 2020 with net income available to common stockholders of $81.6 million, or $0.25 per diluted common share. Comparatively, first quarter of 2020 net income available to common shareholders totaled $45.4 million, or $0.14 per diluted common share, and second quarter of 2019 net income available […]

Abu Dhabi Securities Exchange Set for Growth

Abu Dhabi Securities Exchange Set for Growth

In the first half of 2020, AED6.3 billion of additional stock became accessible for a new group of both local and international investors, creating further scope for increased trading and liquidity, Abu Dhabi Securities Exchange, ADX, revealed in its report on its performance for the six months ending 30th June 2020. The report focuses on […]

China Economic Update

China Economic Update

China saw forecast-beating economic growth in the second quarter after a record contraction in the previous three months, as businesses cautiously returned to normality after strict lockdowns across the country. The figures released Thursday follow a string of data showing the world’s number two economy slowly emerging from the outbreak, and should provide hope to […]

Delta Air Lines (NYSE:DAL) Posts an Earnings Disaster

Delta Air Lines (NYSE:DAL) Posts an Earnings Disaster

June quarter 2020 GAAP pre-tax loss of $7.0 billion and loss per share of $9.01 on total revenue of $1.5 billion June quarter 2020 adjusted pre-tax loss of $3.9 billion and adjusted loss per share of $4.43 on adjusted revenue of $1.2 billion Delta ended the June quarter 2020 with $15.7 billion in liquidity Delta […]

Middle East Faces Tough Recovery

Middle East Faces Tough Recovery

The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the “twin shock” of the coronavirus pandemic and low oil prices. The region’s economy will contract by 5.7 percent this year, and shrink by as much as 13 percent in countries torn by […]

SoftBank Group Corp. (OTC:SFTBY) Bring WeWork Back to Life

SoftBank Group Corp. (OTC:SFTBY) Bring WeWork Back to Life

$SFTBY #SOFTBANK #WEWORK Troubled office-sharing start-up WeWork is set to have a positive cash flow by next year, its executive chairman told the Financial Times on Sunday, hailing a turn-around for the high-profile company. “Everybody thought WeWork was mission impossible. [That we had] zero chance. And now, a year from now, you are going to […]

Covid Lifts the Tech Market

Covid Lifts the Tech Market

#COVID #CORONAVIRUS #PANDEMIC $FB $GOOG $TWTR Tech stocks were going strong even before COVID-19, but behavioral shifts during the pandemic have lifted the sector further into the stratosphere, leaving the broader stock market far behind. The tech-dominated Nasdaq Composite Index has closed at records in six of the last seven sessions, reflecting investors’ confidence that […]

SET Index (.SETI) Expect the Index to Fluctuate Between 1,355 and 1,370

SET Index (.SETI) Expect the Index to Fluctuate Between 1,355 and 1,370

$SETI #Thailand #SET #Index #Stocks #TASCO #STA #INTUCH #TTW #ACE #BCH #SIRI #CHG The stock exchange of Thailand (SET) Index rose by 6.51 points, or 0.48 per cent, to 1,368.97 in the morning session on Thursday (July 9). Shayne Heffernan, CEO and Founder expected the index to fluctuate between 1,355 and 1,370 due to an […]

Some Facts About the Spanish Flu

The 1918 influenza pandemic was the most severe pandemic in recent history. It was caused by an H1N1 virus with genes of avian origin. Although there is not universal consensus regarding where the virus originated, it spread worldwide during 1918-1919.  In the United States, it was first identified in military personnel in spring 1918. It […]

Dubai on the Future of Tourism

Dubai on the Future of Tourism

The Department of Tourism and Commerce Marketing, Dubai Tourism, hosted a virtual forum for stakeholders and partners to share its industry outlook ahead of the city’s reopening to international tourists on 7th July. The forum provided a first-hand insight into current and post-pandemic strategies that will help accelerate tourism momentum and position Dubai as a […]

Tesla and America’s Falling Auto Sales

Tesla and America’s Falling Auto Sales

$TSLA #TESLA $F $GM Tesla engineered its latest coup Wednesday, becoming the world’s richest car company while two of Detroit’s old guard, General Motors and Fiat Chrysler, reported sagging auto sales amid the coronavirus pandemic. Led by Elon Musk, Tesla has had its share of ups and downs, but shares have risen steadily since late […]

A Look at Australia AUDUSD ASX Outlook

A Look at Australia AUDUSD ASX Outlook

#AUSTRALIA $AUDUSD $ASX The Reserve Bank’s Policy Actions and Balance Sheet Guy Debelle[*]Deputy Governor The Economic Society AustraliaOnline – 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the […]

Japanese Yen Set to Weaken

Japanese Yen Set to Weaken

#USDJPY #JPY #JAPAN Japan’s unemployment rate rose to 2.9 percent in May, official data showed Tuesday, the third consecutive monthly rise as the coronavirus pandemic takes its toll on the world’s number-three economy. The 0.3-percentage-point rise from April suggests Japan’s first recession since 2015 is beginning to have an impact on the labour market. Another […]

Social Media is Banning People for Supporting Trump

Social Media is Banning People for Supporting Trump

blacklivesmatter #antifa #democrats YouTube on Monday shut down six conservative channels for violating rules against “supremacist” content (content not in support of #blacklivesmatter #antifa #democrats) , booting videos by David Duke, Stefan Molyneux and Richard Spencer. The video sharing platform pulled the plug on the channels as online social media platforms face increasing pressure from […]

Tencent Holdings Ltd OTC:TCTZF on Way to $100

Tencent Holdings Ltd OTC:TCTZF on Way to $100

#tencent $tstzf #china #games #tech #strongbuy Tencent Games, the world-leading game development, publishing and operation platform, unveiled a new chapter in innovative gameplay and quality games with a roadmap of more than 40 game product updates, including new self-developed and licensed games with fan favorite intellectual property (IP). The announcement made at the Tencent Games […]

Samsung is the Best 5G Stock to Own

Samsung is the Best 5G Stock to Own

#samsung #5g #huawei #sanctions With growing pressure to keep China’s Huawei out of 5G network development, it could be time for firms like Japan’s NEC and South Korea’s Samsung to shine. Washington has pushed allies to bar Huawei, a Chinese telecom giant, from building next-generation 5G mobile networks, claiming its equipment can be used to […]

British Supermarket Tesco a Corona-virus Success

British Supermarket Tesco a Corona-virus Success

British supermarket giant Tesco announced Friday that its first-quarter sales jumped eight percent, boosted by rocketing online purchases as people switched to grocery deliveries during the nationwide coronavirus lockdown. Total sales excluding petrol surged to £13.4 billion ($16.6 billion, 14.8 billion euros) during the company’s first quarter — the 13 weeks to end-May — compared […]

Theo E.J. Wilson | A black man goes undercover in the alt-right

#blm #racism #politics #altright I took a cell phone and accidentally made myself famous.  (Laughter)  I was just talking about the things that I cared about, but with the click of a button and an incendiary viral video I propelled myself into overnight stardom. When I say overnight, I mean I literally woke up the next morning with so many notifications on […]

The Coronavirus Reaction Had Heavy Economic Price

The Coronavirus Reaction Had Heavy Economic Price

Global trade is expected to drop around 18.5 percent year-on-year in the second quarter of this year in a huge coronavirus-driven plunge which nonetheless could have been much worse, the World Trade Organization said Tuesday. The WTO said that in the first quarter, the volume of merchandise trade shrank by three percent compared to the […]

Euro: EUR/USD (EUR=X) Shayne Heffernan Says A Lot of Positives Are Showing Now

Euro: EUR/USD (EUR=X) Shayne Heffernan Says A Lot of Positives Are Showing Now

Euro: EUR/USD (EUR=X) $EUR #FX Shayne Heffernan Says A Lot of Positives Are Showing Now The EUR/USD rate has recovered back to 1.1285 at the time of writing on Tuesday, however it will need to break back above 1.1295 if bulls want a signal to buy again says well-known Economist and trader Shayne Heffernan, CEO […]

Mortgage Crisis Looms in USA

Mortgage Crisis Looms in USA

– Another 723,000 homeowners became past due on their mortgages in May, pushing the national delinquency rate to its highest level in 8.5 years – There are now 4.3 million homeowners past due on their mortgages or in active foreclosure — including those in forbearance who have missed scheduled payments as part of their plans […]

Rothschild & Co SCA (ROTH.PA) Strong Buy, Currently Undervalued

Rothschild & Co SCA (ROTH.PA) Strong Buy, Currently Undervalued

Rothschild & Co SCA (ROTH.PA) Strong Buy, Currently Undervalued Rothschild & CoTicker: ROTH.PAPrice: EUR 19.60 Business Summary Rothschild & Co SCA, formerly Paris Orleans SA is a France-based firm that focuses on two core businesses: banking and private equity activities. Banking activities includes investment banking and third-party asset management. These businesses are owned by the […]