FX Traders Exit Bearish Bets Against the USD

FX Traders Exit Bearish Bets Against the USD

#Dollar #Fed #virus #risk $USD $DXY $EUR $GBP $JPY $CHF $CNY The USD held onto gains Vs most currencies Thursday in Asia as signs of an economic slowdown in Europe and in the US revived concerns about the fallout from continuing virus infections. EUR hit by worries about a return to severe lockdown restrictions, faces […]

Dollar Marks 6-wk Highs, Traders Seek Safe-haven

Dollar Marks 6-wk Highs, Traders Seek Safe-haven

#Dollar #virus #riskoff $USD $DXY $EUR $AUD $NZD USD rose Tuesday to 6-wk highs, extending gains from the Monday’s session, as markets turned risk-averse over a surge of virus cases and new lockdown measures in UK and Europe. Although European equities opened higher Tuesday, USD continued its ascent and riskier currencies fell, as new lockdown […]

President Trump Promised to Lift Americans Out of Poverty, He Kept His Promise

President Trump Promised to Lift Americans Out of Poverty, He Kept His Promise

#PresidentTrump #Trumponomics #poverty #low President Trump has fulfilled a promise Democrats have staked a claim on for decades: He lifted Americans out of Poverty. The US poverty rate fell to 10.5% last year, the lowest in recorded history, according to economic adviser Stephen Moore. “In 2019, the poverty rate in the United States was lower than it […]

Stop Believing in the Lockdown

Stop Believing in the Lockdown

#C19coronavirus #Lockdowns #casualties A powerful essay in the American Institute for Economic Research asks this Big Q: Is the lockdown the best way to minimize casualties in this pandemic? Using historical examples beginning with Voltaire’s words, “those who can make you believe absurdities, can make you commit atrocities,” the author reasons that lockdowns are not […]

Masks Do Not Inhibit Viral Spread

Masks Do Not Inhibit Viral Spread

#mask #C19coronavirus #WHO #government #lockdowns #deaths #disease #viral #transmission #influenza #air #choice Not a single randomized controlled trial with verified outcome has been able to detect a statistically significant advantage of wearing a mask versus not wearing a mask, when it comes to preventing infectious viral illness If there were any significant advantage to wearing […]

World Renowned Scientist Says: “Covid-19 Models Were Astronomically Wrong”

World Renowned Scientist Says: “Covid-19 Models Were Astronomically Wrong”

#Covid19 #coronavirus #models #wrong #healthcare #hospitals #deaths #lockdowns #Dr.Ioannidis #science In a recent interview, Dr. John Ioannidis had a harsh assessment of modelers who predicted as many as 40-M people would die and the US healthcare system would be overrun because of C-19 coronavirus. He predicted it and it came true: The models used to […]

US Stock Indexes Gap Up and Hold, Futures Following On

US Stock Indexes Gap Up and Hold, Futures Following On

$DIA $SPY $QQQ $RUTX $VXX Monday, US stock index futures edge higher Monday evening following a sharp rally in the broad market. Markets were bolstered after Fed Chairman Powell said Sunday night that he saw a path, toward an economic recovery from the C-19 coronavirus chaos in 2-H of Y 2020 and emphasized that he […]

Medical Malpractice: More Americans Will Die From Lockdown than from C-19 Coronavirus

Medical Malpractice: More Americans Will Die From Lockdown than from C-19 Coronavirus

Sunday, Peter Navarro, director of Office of Trade and Manufacturing Policy, said more Americans will die because of “quarantine and lockdown” than from C-19 coronavirus. In an interview with NBC News’ “Meet The Press,” Mr. Navarro, who also serves as policy coordinator for the National Defense Production Act, blamed the Centers for Disease Control and Prevention (CDC) […]

As Uncertainty Fades, Confidence Grows…Overcome Fear

As Uncertainty Fades, Confidence Grows…Overcome Fear

Uncertainty about the continuing spread of the C-19 coronavirus makes people fear for their lives and their livelihoods. Uncertainty about their livelihoods makes them cautious about spending. And under high uncertainty, business leaders find it impossible to make reliable plans for investment. This uncertainty is toxic for our economic recovery. The objective now must be […]

“We could open up again and forget the whole thing”

“We could open up again and forget the whole thing”

Epidemiologist K. Wittkowski on the deadly consequences of lockdown. Governments around the world say they are following ‘The Science’ with their Draconian measures to stem the spread of the virus. But the science around C-19 coronavirus is bitterly contested. Many experts have serious doubts about the effectiveness of the measures, and argue that our outsized […]

“Shutdowns are causing mass economic strife, spurring unemployment, spikes in domestic violence and other dire consequences”

“Shutdowns are causing mass economic strife, spurring unemployment, spikes in domestic violence and other dire consequences”

$DIA $SPY $QQQ $RUTX $VXX Former New Jersey Governor Chris Christie (R) called for businesses across the country to reopen with safety measures Friday, saying that the C-19 coronavirus chaos cannot control when parts of the country open. He wrote in a commentary that additional lives will be lost “as a result of reopening our […]

The Result of the Medical Malpractice Lockdown is the Disaster

The Result of the Medical Malpractice  Lockdown is the Disaster

Those saying we had to sacrifice the economy to save lives have succeeded in only the former, The Wall Street Journal writes in a scathing rebuke of lockdowns at all costs amid the global C-19 coronavirus chaos. “The tradeoff isn’t between lives and livelihoods,” WS-Jeditorial board concluded. “The policy goal has to be to protect both as […]

The C-19 coronavirus Chaos Triggered a US Loneliness Epidemic

The C-19 coronavirus Chaos Triggered a US Loneliness Epidemic

Approximately 35.7-M Americans live alone and during the C-19 coronavirus lockdown many of them have not had social contact with others for months, a situation that exacerbates the nation’s epidemic of loneliness. Loneliness is not just a social or emotional problem. Chronic loneliness has extensive association with health problems such as dementia, anxiety, self-harm, heart […]

“Shutdowns, Lockdowns Lasted ‘Way Too Long'”

“Shutdowns, Lockdowns Lasted ‘Way Too Long

FLASH: California, New York, New Jersey, and Illinois refuse to reopen, they are seeing their businesses really hurt, many destroyed. America’s C-19 coronavirus chaos shutdowns lasted “way too long” and business probably should have started a couple of wks ago, and as a result, “it is going to be a really hard Summer,” economist Steven […]

Silver Miners Hammered by C-19 Lockdowns

Silver Miners Hammered by C-19 Lockdowns

$SLV $XAG $HL $AG $EXK Since mid-March, the response of governments worldwide to the C-19 coronavirus chaos has led to disrupted mining activities worldwide. A total of 32 countries have passed partial or complete lockdown orders, leading to the temporary suspension of activities at over 1,600 mines as of 3 April, though that number has since dropped […]

The US Now Has 3 Companies with Market Caps Over $1-T

The US Now Has 3 Companies with Market Caps Over $1-T

$APPL $AMZN $MSFT Companies have moved in and out of the $1-T market cap club since Apple Inc. (NASDAQ:AAPL) created it in August 2018. Despite the stock market’s recent waterfall and come back, 3 companies have shares that trade so that their values are above the $1-T mark: Apple, Amazon and Microsoft. It is easy […]

The ‘Main Street’ Lending Program, Who Got the Money so Far

The ‘Main Street’ Lending Program, Who Got the Money so Far

$RUTH $SHAK Over 2 wks, the US government pledged $350-B to Main Street businesses across America desperate for cash after coronavirus lockdowns. A picture is emerging of who got the money. More than 25% of the total went to fewer than 2% of the firms that got relief. They include a number of publicly traded […]

Latest on the Spread of the Coronavirus Around the World

Latest on the Spread of the Coronavirus Around the World

Reported cases of the coronavirus crossed 2.14-M globally and 143,744 people have died, according to a Reuters tally as of 0200 GMT Friday. DEATHS AND INFECTIONS * For an interactive graphic tracking the global spread, open tmsnrt.rs/3aIRuz7 in an external browser. * For a U.S.-focused tracker with state-by-state and county map, open tmsnrt.rs/2w7hX9T in an external browser. AMERICAS * […]