Dubai Stimulus Package

Dubai Stimulus Package

Under the directives of Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched an AED500 million economic stimulus package to support various […]

Coca-Cola Looks for Pandemic Success

Coca-Cola Looks for Pandemic Success

$COKE #COKE The Coca-Cola Company said Thursday it was shaking up its product mix as part of an effort to revive sales which have been slumping during the coronavirus pandemic. The soft drink giant reported third-quarter sales down nine percent from a year ago to $8.7 billion, while profits tumbled 33 percent to $1.7 billion. […]

US Jobs Data Better than Expected

US Jobs Data Better than Expected

New claims for US jobless benefits fell to 787,000 last week, the Labor Department said Thursday, dropping below 800,000 for only the second time since the pandemic started. The big improvement came as new applications fell 55,000, seasonally adjusted, in the week ended October 17, and total claims in the previous week were revised down […]

US Stimulus Update

US Stimulus Update

With the clock fast counting down, key US policymakers were set to meet later Tuesday in what could be the final round of talks before time runs out to approve a rescue package ahead of the November 3 election. Economists say the coronavirus-ravaged US economy has held up well because of the massive injection of […]

Cathay Pacific 0293 Begins Restructure

Cathay Pacific 0293 Begins Restructure

#Cathay Pacific $0293 is to slash up to 5,900 jobs and shutter its Cathay Dragon subsidiary, the Hong Kong carrier said Wednesday, joining a growing list of airlines making swingeing cuts as they reel from the coronavirus pandemic. Across the globe, airlines have been hammered by the pandemic slashing international travel and they face a […]

Tesla Making China a Winner

Tesla Making China a Winner

#Tesla $TSLA will this month begin exporting cars to Europe that are made at its new factory in Shanghai, the fast-growing US electric carmaker has announced. The Model 3 vehicles will be shipped to more than 10 countries including France, Germany, Italy and Switzerland, the group said in a statement sent Tuesday to AFP. “This […]

Google Fighting for Survival

Google Fighting for Survival

#google $goog #bigtech Californian internet giant Google faces a growing list of battles around the world, from tussles in Europe and Australia over fair compensation for media outlets to competition probes on both sides of the Atlantic. – Department of Justice strikes – Washington’s powerful justice department is the latest to announce a probe into […]

Asian markets rose Monday

Asian markets rose Monday

Asian markets rose Monday on lingering hopes for a new US stimulus package, though Shanghai and Hong Kong pared their initial rallies after data showed China’s economy grew at a slower pace than forecast. With a little over two weeks until the November 3 elections, time is running out for US lawmakers to reach an […]

China’s Economy Rebounding

China’s Economy Rebounding

China’s economy grew 4.9 percent on-year in the third quarter, sustaining its rebound from bruising virus lockdowns and moving closer to pre-pandemic levels, official data showed Monday. But the world’s second-largest economy grew slightly below expectations in the July-September period, National Bureau of Statistics (NBS) data showed, which warned of uncertainty ahead as “the international […]

Fannie Mae (OTCQB:FNMA) Economic & Strategic Research

Fannie Mae (OTCQB:FNMA) Economic & Strategic Research

Despite a light rebalancing of third and fourth quarter estimates, full-year 2020 economic output is still expected to contract 2.6 percent, according to the latest commentary from the Fannie Mae (OTCQB:FNMA) Economic and Strategic Research (ESR) Group. Its estimate of third quarter 2020 real GDP growth was revised upward 1.2 percentage points to 31.6 percent […]

Endless Debt as US Continues to Spend

Endless Debt as US Continues to Spend

The US budget deficit surged 218 percent to a record $3.1 trillion in the fiscal year ended September 30 due to a massive increase in spending to help the economy weather the coronavirus pandemic, the government announced Friday. That was more than double the previous record deficit of $1.4 trillion hit in 2009 during the […]

China Economy in Recovery

China Economy in Recovery

China’s economic recovery gathered pace in the third quarter, according to an AFP poll of analysts, with consumer spending gradually picking up as coronavirus fears eased, helping a wider rebound spurred by investment and exports. Growth in July-September is expected to come in at 5.2 percent when official data is released Monday, bringing the world’s […]

Facebook and Twitter Hide Biden Corruption

Facebook and Twitter Hide Biden Corruption

US President Donald Trump rebuked Facebook and Twitter Wednesday for blocking links to a New York Post article purporting to expose corrupt dealings by election rival Joe Biden and his son in Ukraine. The newspaper said it had obtained a computer abandoned by Hunter Biden that implicated his father in his Ukraine business affairs. The […]

Big Hit Entertainment IPO

Big Hit Entertainment IPO

Shares in the management agency of K-pop sensation BTS were expected to rocket on their stock market debut Thursday, making an instant multi-billionaire of its chairman and boosting the seven band members’ own fortunes. The initial public offering of shares in Big Hit Entertainment saw staggering demand, with the public section oversubscribed no fewer than […]

Dell Technologies (NYSE:DELL) and the Digital Transformation

Dell Technologies (NYSE:DELL) and the Digital Transformation

Digital transformation seen as critical business driver for recovery 80 percent of organizations globally have fast-tracked some digital transformation programs this year Data privacy and cybersecurity concerns, limited resources and difficulty extracting insights from data identified as barriers to Digital Transformation Complete results can be found at: https://DellTechnologies.com/DTIndex Dell Technologies today released results from a […]

USA to Print Trillions of Dollars, AGAIN

USA to Print Trillions of Dollars, AGAIN

#USD #GOLD It’s pretty simple, Printing more money will simply increase the value of the existing assets, goods and services but it creates nothing. This is inflation, real inflation not the dodgy CPI numbers politicians spit out. Ultimately, it is inescapable doubling the number of dollars doubles prices. If everyone has twice as much money […]

McDonald’s Success Reflects Weakness in US Q3 Economy

McDonald’s Success Reflects Weakness in US Q3 Economy

McDonald’s on Thursday reported a jump in US comparable sales in the third quarter, offsetting declines in international markets amid strong demand for affordable food options in a weakened economy. The fast-food giant said the US business benefited from larger group orders and improved dinner sales that made up for a drop in the number […]

Asia Looking for US Stimulus

Asia Looking for US Stimulus

Asian investors moved cautiously Friday on uncertainty about the chances of a fresh US stimulus package as talks for a broader agreement appeared to be back on. The flip comes just days after Donald Trump shut negotiations down and as rising virus infections continue to sap confidence. Global markets were jolted after the president on […]

Google (NASDAQ:GOOGL) Cloud EOS Join Forces

Google (NASDAQ:GOOGL) Cloud EOS Join Forces

$GOOGL #Google #USA #Nasdaq #Stocks #Trading #Tech #EOS #Crypto GoogleTicker: NASDAQ:GOOGLPrice: $1483.43 Google News Major cloud service providers are showing increased interest in joining blockchain networks. Blockchain is undergoing a critical turning point, shifting from an emerging technology into a useful business tool that enterprises want to incorporate into existing IT stacks. As more companies continue to […]

Coronavirus, OPEC and Oil Prices

Coronavirus, OPEC and Oil Prices

The coronavirus crisis has sparked talk that the world might have reached peak oil demand but the OPEC cartel sees crude consumption continuing to grow during the next quarter century, driven in large part by greater use of cars in developing countries. In its latest forecasts, released Thursday, OPEC sees surprisingly little long-term impact despite […]

Facebook Preparing for Election Violence or Facilitating a Coup

Facebook Preparing for Election Violence or Facilitating a Coup

$FB #QANON #DEMOCRATS Facebook on Wednesday said it will stop running political or social issue ads after the US polls close on November 3 to reduce chances of confusion or abuse. The leading social network also said that any posts prematurely declaring a winner or contesting the count will be labeled with reliable information from […]

Citibank Cops $400m Fine

Citibank Cops $400m Fine

US authorities fined Citibank $400 million over deficiencies in risk management practices and required an overhaul of internal controls at the global financial powerhouse, officials announced Wednesday. The US Treasury’s Office of the Comptroller of the Currency issued the fine, in parallel with a related action from the Federal Reserve citing failings at the bank. […]

The Fannie Mae (OTCQB:FNMA) Looks Like a Winner

The Fannie Mae (OTCQB:FNMA) Looks Like a Winner

The Fannie Mae (FNMA/OTCQB) Home Purchase Sentiment Index® (HPSI) increased 3.5 points in September to 81.0, rising for the second consecutive month and continuing the rebound from late spring. Three of the six HPSI components increased month over month, with consumers reporting a substantially more optimistic view of home-selling conditions, expected home price growth, and […]

The BTS IPO a Hit in Korea

The BTS IPO a Hit in Korea

Ordinary South Koreans rushed to pour more than $50 billion into the initial public offering for the management agency of K-pop sensation BTS, sale organisers said after it closed Tuesday. The trailblazing septet cemented their prominence in the world’s biggest music market in August, when their all-English track “Dynamite” debuted at number one on the […]

Trade Data May Force US to Lower USD Driving Gold to $3000

Trade Data May Force US to Lower USD Driving Gold to $3000

The US trade deficit continued to widen in August, as imports outpaced exports amid the ongoing coronavirus pandemic, according to official data released Tuesday. The deficit rose 5.9 percent from July to $67.1 billion, increasing more than expected but posting a more moderate jump than the nearly 19 percent surge in the month prior, according […]

Current Gold Forecast: Gold Over Paper

Current Gold Forecast: Gold Over Paper

#gold $XAU $GLD $USD The Fundamentals Central banks worldwide are committed to suppressing interest rates and printing money to solve their nation’s debt problems. Eventually, they will be forced to default or devalue, they will devalue. The Technicals Gold forms a major bottom every 8-yrs. The last low came in Y 2016. The next one should […]

United Airlines Restarts China Service

United Airlines Restarts China Service

$UAL #CHINA #COVID19 United Airlines today announced it will start nonstop service to China four-times weekly between San Francisco and Shanghai’s Pudong International Airport. Beginning Oct. 21, 2020, United will operate four weekly nonstop flights with Boeing 777-300ER aircraft from San Francisco to Shanghai on Wednesdays, Fridays, Saturdays and Sundays. Customers traveling from Shanghai will […]

IBM and Bank of Thailand Issue Blockchain Platform

IBM and Bank of Thailand Issue Blockchain Platform

$IBM #THAILAND IBM (NYSE: IBM) today announced that Bank of Thailand (BOT), the central bank, has successfully launched the world’s first blockchain-based platform for government savings bonds issuing a total of $1.6B USD within two weeks. Leveraging blockchain technology on the highly secured IBM Cloud, the platform allows investors to benefit from speedy bond issuance, […]

Democrats Want to Lockdown New York

Democrats Want to Lockdown New York

#NEWYORK #COVID19 New York City Mayor Bill de Blasio said Sunday he planned to reimpose restrictions on nine neighborhoods as Covid-19 cases rise in parts of the city, which had largely controlled the virus after a catastrophic outbreak. The proposal, which must be approved by state Governor Andrew Cuomo, marks a major setback for America’s […]

Asian Markets Rally as Trump Recovers

Asian Markets Rally as Trump Recovers

Asian markets rallied Monday following reports suggesting Donald Trump’s health is improving after he tested positive for the coronavirus last week, with traders also cheered by signs that US lawmakers were edging towards agreement on a new stimulus package. World equities went into reverse Friday after the White House announced the president and his wife’s […]

BREXIT Breakthrough Possible

BREXIT Breakthrough Possible

UK Prime Minister Boris Johnson said he was “pretty optimistic” a Brexit deal could be reached as he prepared for talks on Saturday with EU chief Ursula von der Leyen to determine the next steps in the fraught negotiations. Johnson told The Daily Telegraph that the prospects of a year-end deal to avoid an abrupt […]

2021 Predictions in the Luxury Market

2021 Predictions in the Luxury Market

 In September 2020, Luxury Institute reached out to its database of Global Luxury Expert Network (GLEN) members, and a select group of C-level and executive top-tier luxury and premium brand leaders, to gain a front-line pulse of the current luxury environment, as well as 2021 projections for the top luxury categories globally, plus key reasons […]

Coronavirus Driving Innovation

Coronavirus Driving Innovation

Strongest-performing sectors in Q3 benefited from spending on existing products and services, rather than new and innovative market offerings, reports The Conference Board – In both the U.S. and Global Innovation α Indexes, Technology Services sees the largest increase in its index weight for Q4 2020 among all sectors – Heading into Q4, the Technology […]

The US Economic Update

The US Economic Update

New Orders and Production Growing; Employment Contracting;Supplier Deliveries Slowing at Faster Rate; Backlog Growing;Raw Materials Inventories Contracting; Customers’ Inventories Too Low;Prices Increasing; Exports and Imports Growing Economic activity in the manufacturing sector grew in September, with the overall economy notching a fifth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report […]

Facebook, Google and Twitter Face Regulatory Pressure

Facebook, Google and Twitter Face Regulatory Pressure

$FB $TWTR $GOOG A Senate panel voted Thursday to subpoena the top executives of Facebook, Google and Twitter to answer questions on disinformation, online scams and a range of social ills. The Commerce Committee agreed unanimously to call Jack Dorsey of Twitter, Mark Zuckerberg of Facebook and Sundar Pichai of Google parent Alphabet. The move […]

60,000 Layoffs in a Day, Coronavirus Continues to Hit US Economy

60,000 Layoffs in a Day, Coronavirus Continues to Hit US Economy

Hit hard by the coronavirus crisis and with new government stimulus funding in limbo, Disney, American Airlines and United Airlines announced 60,000 layoffs in just 24 hours — leading a barrage of job losses a month before US elections. Insurance firm Allstate warned Wednesday that it would have to cut 3,800 jobs, and Marathon Petroleum […]

NASDAQ (.IXIC) Market Reacts Poorly After Feds Statement

NASDAQ (.IXIC) Market Reacts Poorly After Feds Statement

$IXIC #Nasdaq #USA #Markets #Trading #Tech #Stocks NASDAQTicker: IXICPrice: $11050.46 Nasdaq News The NASDAQ index is leading the way to the upside in the equity markets today. It currently trades at 11050.46. The high price extended to 11096.93. The moved to the upside today has taken the price back above its 50 day moving average at 10954.12 (see […]

Italy Launches Antitrust Investigation Into Apple (NASDAQ:AAPL)

Italy Launches Antitrust Investigation Into Apple (NASDAQ:AAPL)

$AAPL #Apple #iPhone #StockSplit #USA #Nasdaq #Stocks #Trading AppleTicker: NASDAQ:AAPLPrice: $120.96 Apple News The antitrust authority in Italy has announced that it is investigating allegations over fairness and improper commercial practices over cloud services by Apple, Google, and Dropbox. Alongside its recent investigation into alleged price fixing, Italy’s antitrust regulator has announced that it is separately looking […]

Facebook (NASDAQ:FB) To Restrict Political Ads In the Last Week Before Election

Facebook (NASDAQ:FB) To Restrict Political Ads In the Last Week Before Election

$FB #Facebook #SocialMedia #USA #Nasdaq #Stocks #Trading #Markets FacebookTicker: NASDAQ:FBPrice: $291.12 Facebook News Admitting that the platform could play a role in destroying democracy as we know it, Facebook says it will limit or restrict new political ads in the week leading up to the election in November. Also it says it will continue to […]

Elon Musk Neuralink

Futurist entrepreneur Elon Musk late Friday demonstrated progress made by his Neuralink startup in meshing brains with computers, saying the work is essential to the future of humanity. Musk has long contended that a neural lace merging minds with machines is vital if people are going to avoid being so outpaced by artificial intelligence that, […]

More Mixed Data on US Economy

More Mixed Data on US Economy

$USD #CORONAVIRUS #COVID19 US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed range,” according to new data released Friday. Separately, Coca-Cola and MGM Resorts became the latest major companies to announce massive layoffs as […]

US Economic Data is Still Negative

US Economic Data is Still Negative

27 million people are still receiving some form of government assistance The new estimate shows GDP collapsing at an annualized rate of 31.7 percent Trump styled tax cuts will be essential in lifting the economy and at this stage the election of a high tax Biden Government would spell disaster for the USA. “I contend […]

Bitcoin: BTC/USD (BTC=X) Looks Well Positioned To Benefit From a Resurgence In Inflation

Bitcoin: BTC/USD (BTC=X) Looks Well Positioned To Benefit From a Resurgence In Inflation

$BTC #Bitcoin #Crypto #Cryptocurrencies #FX #Trading #Markets BitcoinTicker: BTC=Price: $11347.99 Whether or not you’ve heard of Bitcoin, it’s a word and a concept that is not going anywhere. There is a reason why the most prestigious university endowments, such as those affiliated with Harvard, Stanford, and MIT, all invest in crypto funds. Crypto is building […]

Facebook (NASDAQ:FB) Plans to Challenge Thai Government

Facebook (NASDAQ:FB) Plans to Challenge Thai Government

$FB #Facebook #SocialMedia #USA #Nasdaq #Stocks #Trading #Markets FacebookTicker: NASDAQ:FBPrice: $271.39 Facebook News Facebook said on Tuesday it was planning to legally challenge the Thai government after being “compelled” to block access within Thailand to a group with 1 million members that discusses the country’s king. The social media giant late on Monday blocked access to […]

UK FTSE 100 (.FTSE) Technical Indicators Remain Neutral

UK FTSE 100 (.FTSE) Technical Indicators Remain Neutral

$FTSE #UKFTSE100 #FTSE100 #UK #Index #Trading #Markets UK FTSE 100Ticker: .FTSEPrice: 6104.73 UK FTSE News FTSE 100 index raced Monday to a positive close, joining global indices in heading higher. Britain’s index of leading shares closed up over 102 points, or 1.71% at 6,104. Midcap FTSE 250 also went higher, adding over 107 points to […]

Long Term Low Interest Rates and the US Economy

Long Term Low Interest Rates and the US Economy

#USA #ECONOMY $USD #STOCKS #GOLD Long term low Interest rates may have negative consequences, and may be indicative of a systemic issue as seen in the US Economy. One such consequence is housing prices consumers borrow consistently over a long period of time, the demand for houses is consistently high, raising its price as the […]

Will Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) Make Stock Splits Appeal to Retail Investors?

Will Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) Make Stock Splits Appeal to Retail Investors?

$AAPL $TSLA #USA #Nasdaq #StockSplits #Stocks #Trading #Markets Investors may be forgiven for thinking Apple Inc. and Tesla Inc. are about to make stock splits great again, but analysts covering other high-priced names say it’s unlikely other companies will follow suit and revert to an old trend that died out after the financial crisis. The […]

US Politics is Officially Off Course

US Politics is Officially Off Course

There will be no winning for the US in November. Neither of the candidates will act in the long term best interests of the economy, clearly US Politics is simply about “winning power”. The USA is now the land of free money, Government handouts and bailouts from both sides will add a weight to the […]

US Economy Struggling with Covid-19

US Economy Struggling with Covid-19

#covid19 #coronavirus #usa The US economy continues to regain ground as the coronavirus crisis drags on, with retailers and manufacturing posting gains, but new data Friday show progress is slowing and continued recovery is in doubt amid a political stalemate over a new aid package. Economists warn that the massive money printing approved by Congress […]

Corporate Greed at Apple May Endanger iPhone Sales

Corporate Greed at Apple May Endanger iPhone Sales

$APPL $FB #APPSTORE #IPHONE Facebook on Friday joined the attack on Apple’s operation of its App Store after the iPhone maker refused to forgo its commission on live online events hosted on the social network that allow people to make money during the pandemic. The comments from Facebook come in the wake of a blockbuster […]

Is Tencent Holdings Limited (OTC:TCEHY) in Trump’s Sites

Is Tencent Holdings Limited (OTC:TCEHY) in Trump’s Sites

Trump is continuing his anti-free trade attack on foreign firms and Tencent might be next. Chinese tech firm Tencent, the parent company of social media giant WeChat, said Wednesday its revenue jumped 28 percent in the first half of this year as the coronavirus pandemic kept people glued to their screens. But the better-than-expected results […]

COVID-19 The Vaccine is Here

COVID-19 The Vaccine is Here

#COVID10 #CORONAVIRUS #Vaccine With Russia’s announcement Tuesday that it had become the first country to approve a vaccine against COVID-19, here is a look at the more than two dozen other candidates currently in development. – ‘Sputnik’ – Russian President Vladimir Putin shocked the international community by claiming the new vaccine — dubbed “Sputnik V” […]

Trump Pushes Zuckerberg Past the $100b Barrier

Trump Pushes Zuckerberg Past the $100b Barrier

$FB $MSFT #TIKTOK The personal wealth of Facebook Founder and CEO Mark Zuckerberg has touched $100 billion after the social network launched a Tik-Tok copy called Instagram Reels this week that immediately gained attention as Trump banned TikTok. With the launch of the copy cat short-video making app, Facebook stock rose by more than 6 […]

US Elections: Socialism or Communism Take Your Pick

US Elections: Socialism or Communism Take Your Pick

America is faced with a grim choice this election Socialism or Communism Donald Trump continues on the path that the rest of the world cheats at trade but the USA does not, he is 100% wrong. The bail-outs. fake low interest rates and free Corona money will come back to bite future Presidents, the bills […]

China is Moving Away from US Agriculture, it will Lower Demand for USD

China is Moving Away from US Agriculture, it will Lower Demand for USD

Seven months after the United States and China signed a preliminary agreement to temper their trade war, Beijing’s purchases of US agricultural goods have yet to reach the deal’s target. As President Donald Trump readies for a tough reelection battle in November, US media reported the two sides are set to meet beginning August 15 […]

Thailand Loves Luxury

Thailand Loves Luxury

As the coronavirus brought the global economy to its knees, Thai businessman Yod decided to buy himself an $872,000 treat — a lime-green Lamborghini. Yod picked up the customised Huracan EVO supercar in Bangkok, a city of billionaires with a luxury economy unbroken by the crisis ripping through Thailand’s wider economy. With tourism and exports […]

BLACK CAVIAR’S SON TO STAND AT RIVERBANK, Victoria

Royal by name, regally bred. Prince Of Caviar. A horse whose sire was a high class, a horse whose dam does not really need introduction… but we will talk about her anyway! Black Caviar… the undefeated sprinting Queen of Australian racing. Fifteen Group One victories, three times crowned Australian Horse Of The Year, Australian Racing […]

#1 Book That Opens Your Mind To Understanding Governmental Power

#1 Book That Opens Your Mind To Understanding Governmental Power

1984 A man’s nightmare was turned into one of the biggest futuristic selling novels of all time. As 1984 by George Orwell was written in 1948, it makes the book even more interesting. This man had a prophecy he believed in so much, he wrote a book, and here we are today with his predictions […]

California About to Bite the Hand that Feeds It NYSE:UBER

California About to Bite the Hand that Feeds It NYSE:UBER

California has filed lawsuits against Uber and Lyft for alleged wage theft by misclassifying their drivers as independent contractors rather than employees, the Labor Commissioner’s Office said Wednesday. Classifying their drivers as independent contractors “has deprived these workers of a host of legal protections in violation of California labor law,” the office said in a […]

Turkey will Pay the Price for Erdogan Anti-West Politics

Turkey will Pay the Price for Erdogan Anti-West Politics

Turkey’s lira on Thursday set a new record low against the US dollar as investors worried about the government’s economic policies and dollar reserves appeared to be running low. The lira was trading at 7.28 against the greenback around 1030 GMT, suffering a loss of more than 3 percent since the start of the day […]

Rare Tax Cut Helps Socialist Germany

Rare Tax Cut Helps Socialist Germany

Car registrations in Germany showed this year’s smallest monthly drop in July as buyers took advantage of a temporary cut in value added tax, figures released Wednesday showed. Registrations fell by only 5.4 percent in July, improving significantly from the precipitous drops of 32 percent in June, 50 percent in May and 61 percent in […]

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 […]

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