The estimated Mineral Resources for Sukhoi Log stand at 1,110 million tonnes, with an average grade of 1.9 g/t Au and containing 67 million ounces of gold as at 31 May 2020
Senior editor, Ash Bennington, joins managing editor, Ed Harrison, to talk through the social, political, and economic ramifications of the various U.S…
Wells' decision to sell its entire student loan business may be confirmation the bank is scrambling ahead of what may be uniform loan forgiveness by the Biden administration.
... which was the only earnings season in history when surprises saw perverse rather than intuitive reactions – beats were not rewarded and misses were not penalized."
The list includes about $3.9 billion in outstanding CMBS loan balance. That does not include loans for which deed-in-lieu was discussed but for which the asset has already gone REO.
The combination of a stimulus stalemate, Tyrannical responses to a renewed COVID case wave (note the death rate remains flat), and the fading hopes for a 'blue wave' are all triple-whammying market optimism.
A "bear" case which results in an exponential surge in new cases would almost certainly lead to another economic shutdown, especially under a Biden presidency.
"An orderly Trump victory as the most favorable outcome for equities (upside to ~3,900).... A ‘Blue Sweep’ scenario is expected to be mostly neutral in the short term..."
While these restrictions are not yet as tight as in spring, the latest set of data has already revealed that the pace of economic recovery in services has started to lose momentum...
It's another very busy week, including the peak of earnings season as 184 S&P 500 companies report; we also get several central bank announcements and what will likely be a record GDP print in the US.