Last year an average of two railcars were robbed each week, but in the first six months of 2020 that number has increased to three per day, the newspaper Reforma reports.
The benign market reaction last week might lead you to believe that the failure to reach a deal on another round of fiscal stimulus in the US means more aid isn’t required to keep markets and the economy on their V-shaped recovery path. On the contrary.
In his testimony, Greenspan mentioned gold as “especially sensitive to inflation concerns,” which, next to other indicators, “can give important clues about changing [inflation] expectations.”
“While we never comment on deal speculation, this appears to be a fake news website. We’ve never heard of this organization and they did not contact us ahead of publication.”
This rally in gold and the persistent supply tightness which has kept gold futures in backwardation for most of the year are indicators that something has fundamentally shifted in the gold market...
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected...
Belarusian president Alexander Lukashenko said that an air assault brigade would move to Belarus’ Western border in response to NATO exercises in neighboring nations, even as the country reels from massive anti-government protests which Lukashenko has dubbed a "color revolution" orchestrated by foreign agents.
"Looking forward, a falling ERP will outweigh a rise in bond yields, and combined with our above-consensus EPS forecast, will lift the S&P 500 index to 3600 by year-end (+7%). Our prior forecast was 3000."
