Ann Taylor and Lane Bryant owner Ascena last year pushed back on the notion that it was near bankruptcy — its interim board chief in October pointed to its "large iconic brands and a business with significant liquidity." That didn't last.
Managing editor, Ed Harrison, joins Real Vision’s Tyler Neville to break down his ideas around secular stagnating markets, demographics, and pensions. Tyler…
This is the key dynamic of the economy going forward: defaults on debt, declining wealth as assets are relentlessly repriced lower and sharp declines in income due to layoffs and debt defaults.
Stocks topped the list of Americans’ favorite investments, garnering almost 28 percent of respondents. Real estate ran a close second, with 26 percent of Americans citing it as their top long-term investment
"We're actively contacting, working with and trying to retain these customers and certainly, we haven't given up on them and they haven't given up on us."
Some 4.8% of total central bank reserve portfolios are now alloted to gold, up from 4.2% in 2019, and almost half of those increased allocations made with a view to replace negative yielding debt.
“The number of employed Americans declined by about 6.7 million from mid-June through mid-July, including a 4.1 million plunge from the first to the second week of July”.
Tesla relied heavily on regulatory credits to make its numbers for a crucial quarter that will enable them S&P inclusion. Then, they immediately guided credit sales to drop sizeably in Q3. Nothing to see here...
