1 July 2020
1) The credit worthiness of automakers has been lowered by Moody’s Investors Service, downgrading about $130 billion dollars in global automakers’ debt. Nine out of 22 global car makers have…
1) The credit worthiness of automakers has been lowered by Moody’s Investors Service, downgrading about $130 billion dollars in global automakers’ debt. Nine out of 22 global car makers have…
1) Oil has passed$40 a barrel, continuing a slow but steady recovery. This could be signaling a reawakening of the U.S. shale oil production. This rally allows the oil industry…
1) President Trump is slipping in the polls, and this may pose a risk to the markets. Even though the wild swings of the markets have subsided and then surged…
1) The bankers are suggesting to America’s debt laden companies- raise money now, because things could get a lot worse! Although there is plentiful optimism across the county for a…
1) For the last few years, a number of retailers have been downsizing by closing a number of their stores across the country, something that the coronavirus pandemic has greatly…
1) The federal government has warned that the financial sector faces significant vulnerabilities because of the coronavirus pandemic. Both businesses and households are struggling with fragile finances and will be…
1) Jerome Powell, the Federal reserve Chairman, has warned of a possible prolonged recession caused by the economic damaged from the coronavirus crisis. Widespread bankruptcies among small businesses and extended…
1) The shutdown orders are being lifted in many states, which also includes the shopping malls, but those malls remain eerily quite, almost void of humans, where once mobs crowded…
1) Apparel retailer J. Crew is filing for bankruptcy, with other struggling retailers expected to succumb this year too, big retailer names like Sears and J.C. Penny. J Crew is…
1) The ‘consumer confidence index’ dropped in April by the largest amount on record. The index dropped from 118.8 in March to 86.9, while the ‘present conditions index’ plunged from…