When rigging and manipulating stocks or markets, one usually allows for the occasional down day to avoid the impression of too much artificiality. Not here though.
The sharp drop in operating profits in 2020 mirrors the decline of 2008. But the mix of profits is markedly different, with the bulk of the decline centered in non-financial industries...
Australia avoided recessions during the 1997 Asian Financial Crisis, the Dot Com Bubble and the 2008 global financial crisis. It couldn't escape the global coronavirus pandemic.
Senior editor, Ash Bennington, hosts Tony Greer, editor of The Morning Navigator, to discuss how the Fed’s “inflation running hot” memo has been translated by…
The complaints have featured "novice investors in over their heads, struggling to understand why they’ve lost money on stock options or had shares liquidated to pay off margin loans."
The interplay between rising debt levels, negative real interest rates, and zombification should concern us all—especially in the context of global lockdowns. We should blame central banking and its destructive economic capabilities.
"It just seems too obvious how it’s going to end – badly. It so obvious we’re oblivious to it... Such is the way of blindingly obvious market corrections. They are just too big to see..."
As Congress and the Trump administration remain deadlocked in talks over the next coronavirus stimulus package, seven in 10 Americans (70%) say they would support the government sending an additional economic impact payment (EIP) to all qualified adults.
