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Paul Krugman & Stephen Moore Agree
Video By:
Peter Schiff
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Saturday, May 23, 2020 3:30 PM EDT
Peter Schiff discusses why Paul Krugman and Stephen Moore are both advocating the same policies, prices for plane tickets are skyrocketing, and there are big possible moves in the precious metals markets.
Hertz Files For Bankruptcy After 'Sudden And Dramatic' COVID-19 Impact
Article By:
The Fly
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Saturday, May 23, 2020 3:07 PM EDT
Hertz Global Holdings announced late Friday, May 22, that it, and certain of its U.S. and Canadian subsidiaries, have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.
In this article: HTZZ
Nissan Considers Slashing 20,000 Jobs Worldwide Amid Global Downturn
Article By:
Tyler Durden
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Saturday, May 23, 2020 3:01 PM EDT
Nissan Motor Co. is weighing the option to slash more than 20,000 from its global workforce, with many of the job cuts centered in Europe and developing countries. The proposed cuts are part of a restructuring plan due to slumping global auto sales.
In this article: NSANY
Zoom Is Now Worth More Than The World's 7 Biggest Airlines
Article By:
Tyler Durden
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Sunday, May 17, 2020 11:15 AM EDT
Amid the COVID-19 pandemic, many people have transitioned to working - and socializing - from home. Popular video conferencing company, Zoom Communications, is a prime example of an organization benefiting from this transition.
Historic Market Divergence, What Should You Trade?
Article By:
Michele Schneider
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Sunday, May 17, 2020 7:33 AM EDT
The dollar, euro, and yen are in the late stages of their long-term debt cycles. This could mean that in the near future our dollars could be potentially worthless.
Berkshire Exits Travelers, Boosts Stakes In United And Delta In Q1
Article By:
The Fly
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Saturday, May 16, 2020 6:38 PM EDT
Warren Buffett's Berkshire Hathaway disclosed in an SEC filing its holdings as of March 31, 2020. The fund exited two positions during the first quarter, including by size of previous position Travelers and Phillips 66.
In this article: BRK-A, BRK-B Also: AXP, BAC, DAL, GM, GS, JPM, KO, LUV, PNC, TRV, UAL, WFC, AAPL, PSX, AAL
Stocks Fall After Fed Chair Powell Gives Uncertain Outlook
Article By:
Adam Vettese
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Thursday, May 14, 2020 6:03 AM EDT
Markets have taken another leg down this morning as fears over a second wave of infections continue to grow and the outlook for economic recovery appears increasingly bleak.
Uber Stock Analysis: How Would A Grubhub Acquisition Impact Its Price?
Video By:
Kiana Danial
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Wednesday, May 13, 2020 3:20 AM EDT
Uber could be an interesting choice for younger investors with medium to high risk tolerance.
Is The Stock Market Going Up Too Fast?
Video By:
Ryan Mallory
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Saturday, May 9, 2020 6:44 PM EDT
The stock market has been going back up for almost two months now, and the stock market rally has lasted 50% longer than the stock market crash itself. So the big question is if the stock market is going up too fast, and is it going to crash again.
Supply Bottlenecks Surge – Transports Diverge With S&P 500
Article By:
Paban Pandey
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Wednesday, May 6, 2020 5:34 AM EDT
Supply bottlenecks have surged in recent months. In the meantime, the Transports are struggling to match the performance of the S&P 500. If past is prelude, it is healthy when they move in tandem.
Markets Poised For Rough Start To Week As US War Of Words Worsen
Article By:
Adam Vettese
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Monday, May 4, 2020 5:42 AM EDT
US stocks ended the week on a down note, taking all three major indices to a slight loss for the week. The S&P 500 fell 2.8% on Friday, losing 0.2% over the course of the week.
In this article: BRK-A, DAL, IAG, LUV, RBS, TSN, UAL, RYCEY, RYAAY, SWKS, TSLA, DIA, SPY, AAL, RACE, BITCOMP
There Is Now A Record 375 Million Barrels Of Oil Stored On Tankers
Article By:
Tyler Durden
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Monday, May 4, 2020 4:36 AM EDT
The crude oil market should remain in surplus for the remainder of 2Q20, resulting in continued, albeit slower crude oil and product builds.
Corona
Article By:
Vivian Lewis
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Monday, May 4, 2020 3:11 AM EDT
Warren Buffett's Berkshire Hathaway by some measures lost nearly $50 bn in Q1. I think there is a lesson in that. Buffett has always done well by buying when others are too fearful to do so. It may not work this time. He sold all his airline shares.