Due to the Thanksgiving holiday this week, data on unemployment insurance (UI) claims—usually released on Thursdays—were released today. The data show that another 1.1 million people...
The US dollar is trading relatively flat against multiple major currency peers, mainly due to the plethora of mixed economic data that were released ahead of the American Thanksgiving holiday. In focus in the middle...
On Black Friday, this year’s shopping will reach its peak. In the exceptional circumstances of 2020, the peak will not be high. The COVID-19 pandemic is...
The former Chair of the Federal Reserve will get her shot as Biden's Treasury Secretary. She will be tasked with spearheading the revival of an economy...
- by New Deal democratBefore I turn to this week’s report on jobless claims, a brief word first about October personal income and spending.Although personal income...
Here Comes The New Recession Tyler Durden Wed, 11/25/2020 - 10:45 Authored by James Rickards via The Daily Reckoning, Let’s start with the basics. There’s no...
WTI Dips After Worrisome Surge In Gasoline Stocks, Demand At 5-Month Lows Tyler Durden Wed, 11/25/2020 - 10:37 WTI extended gains overnight, after dipping on a...
Image via Bloomberg Business Week. Dow Hits 30000 In our post-election update last week, we offered our take on why the market had shrugged off the...
Two questions that most people want an answer to are whether there will be a stimulus package and if yes, how much. So far, lawmakers have...
Though ESG has been increasing in profile over many years, the focus in the past has largely been on purely environmental factors and risks. This year,...
President-elect Joe Biden has chosen former Federal Reserve Chairperson Janet Yellen to be his Treasury secretary, and current Treasury secretary Steven Mnuchin wants to put the...
The former FED chairwoman and open Bitcoin critic Janet Yellen got nominated as the new Treasury Secretary in the Biden administration as we are reading more...
US inflation was low before the pandemic started and as the nation heads into what’s shaping up to be a rough winter of resurgent Covid-19 the...
Investors AlleyThis Double Digit Dividend Stock Tripled and Could Rise Another 100% With tomorrow being Thanksgiving I thought it might do us some good to think...
Yellen, incoming Treasury Sec, will be key voice in Biden’s economic policy: NYT Biden team lays out foreign policy agenda for new administration: CNBC Biden administration...
The UK’s largest medical wholesaler and pharmacy have donated half a million dexamethasone tablets to support the effort The post Alliance and Boots donate dexamethasone to...
Managing Shipping Budgets in 2021: The Old Normal, the New Normal, or the Unknown? Q3 2020 hedge fund letters, conferences and more As they plan their...
There Were Two Americas Today As Dow Struck 30,000 Tyler Durden Tue, 11/24/2020 - 18:50 The K-shaped economic recovery, one where the rich grow richer and...
The world’s largest asset manager is impressed with the market’s recent gains, and it has made that sentiment clear by upgrading US stocks. In its recent...
Managing Shipping Budgets in 2021: The Old Normal, the New Normal, or the Unknown? Q3 2020 hedge fund letters, conferences and more As they plan their...
Although the U.S. economy has gradually recuperated over the past few months, a record new wave of COVID-19 cases—most notably in the Midwest and Northeast—began to...
The Dollar Is Being Systematically Destroyed, And We're On A Path That Inevitably Leads To Hyperinflation Tyler Durden Tue, 11/24/2020 - 16:52 Authored by Michael Snyder...
Commenting on the announcement of a COVID-19 vaccine by Russia and today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and...
Lawmakers may not appear very serious or do not feel the need of sending out another round of stimulus checks. However, those with more expertise on...
Kiwi Soars After New Zealand Central Bank Asked To Add Home Prices To Monetary Policy Tyler Durden Tue, 11/24/2020 - 10:26 The New Zealand dollar soared...
EUR/USD rallied today thanks to the better-than-expected macroeconomic data released in Germany as well as persisting optimism among traders caused by the good news about the coronavirus vaccine development. The currency pair has lost a significant...
By IMFBlog With vaccines around the corner, there is increased hope that the pandemic could soon be under better control. That said, the need for cooperative...
Elon Musk Is Now The Second Richest Person In The World Tyler Durden Tue, 11/24/2020 - 08:46 It seems fitting that Elon Musk has become the...
We have recently written a couple of posts about the "exuberance" that has invaded the market since the election. Such is often seen near short- to...
EUR/USD has posted gains in the Tuesday session. Currently, EUR/USD is trading at 1.1867, up 0.22% on the day. German GDP bounces back in Q3 Germany...