When Fed-head Jay Powell earlier this week said it’s all about the virus, he was being disingenuous. It’s about winners and losers – and the Fed looking the other way as it pretends it not...
"The virus is getting worse in a lot of areas, and some places have started to shut back down again. If you look at earnings in terms of beat rates, the results have actually been pretty good."
“This is a quarter to give Apple credit where credit is due for excellent execution and performance in the midst of unprecedented difficulty" - Goldman Sachs, Apple "Sell" Rating
Managing editor, Ed Harrison, hosts Marc Chandler, chief market strategist at Bannockburn Global Forex, to discuss currency markets, the dollar’s reserve…
“As with the 30-year-olds still living in their parents’ basements, we can only wonder whether the markets will ever be expected to make it on their own...”
The global financial system has for half a century undergone an act of contortion that few believed was possible. This has led to a warped system with fake money and false markets...
