10 November 2020
1) The United States became the first nation to surpass 10 million coronavirus infections since the worldwide pandemic started. This is the feared third wave of the Covid-19 virus now…
1) The United States became the first nation to surpass 10 million coronavirus infections since the worldwide pandemic started. This is the feared third wave of the Covid-19 virus now…
1) For first time since World War II the U.S. government’s debt will nearly equal the size of the entire American economy. By the end of 2020, the amount of…
1) Another sign of how badly the pandemic has wrecked the world economy is the huge losses that Exxon Mobil and Chevron have reported for the second quarter. The losses…
1) The markets sank Monday, down by 762 points, when the news of the Feds bond-buying plan became known, reversing the selling to buying which raised the Dow up 150…
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) One developing economic crisis from the coronavirus is non-payment of rents. Renters tend to have less cash reserves than home owners, and for those renters not working, a large…
1) Today, more coronavirus concerns have surfaced that most airlines will go bankrupt soon without government bailouts. The virus has shut global aviation down because of virus outbreaks as well…
1) Monday markets opened in a steep downward spiral from sell offs, driven by the coronavirus fears, followed by the sharp drop in oil prices. The Dow dropped 2,000 points,…
1) Global trade experiences its first full-year drop since the financial crisis, with weaker world growth and a manufacturing recession taking their toll. The spread of the coronavirus, with its…
1) Despite positive last quarters, both General Motors and Ford Motor company’s are concerned about the U.S. auto market taking a turn for the worse. Shares for the two automakers,…