Content
Jobless Claims: “Less Awful” Trend Mainly Continues - For Now
Article By:
New Deal Democrat
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Thursday, June 4, 2020 9:50 AM EDT
The monthly May data has started to come in, giving us our first comparable data after the coronavirus recession struck.
Is The Stock Market’s Optimism For Economic Recovery Valid?
Article By:
James Picerno
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Thursday, June 4, 2020 9:37 AM EDT
The S&P 500 Index closed at a 3-month high Wednesday, paring the market’s drawdown to a relatively mild 7.8% decline — a shadow of the nearly 34% drawdown at the height of the correction.
In this article: SPX
Rethinking The Fed, Payment Systems And Vaccine Speculation …
Podcast By:
Ellen Brown
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Thursday, June 4, 2020 9:29 AM EDT
After 100+ years, it’s high time we give serious thought to how well our central bank is meeting its objectives of stabilizing the banking system, ensuring employment levels, and keeping a lid on inflation.
Some Enchanted Meeting
Article By:
Phil Flynn
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Thursday, June 4, 2020 9:20 AM EDT
Saudi Arabia and Russia are putting pressure on OPEC scofflaws threatening not to have a June 5th meeting to talk about production cuts.
Finding Yield When Interest Rates Are At Zero
Article By:
Jay Soloff
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Thursday, June 4, 2020 9:11 AM EDT
Global pandemics and civil unrest don’t seem to impact stock prices, but it remains challenging to find yield in a world of near-zero interest rates.
In this article: RIG
Oil Situation - Thursday, June 4
Article By:
Todd Sullivan
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Thursday, June 4, 2020 9:07 AM EDT
When one looks at all the data, the US Oil Situation from last week is mostly unchanged.
EURUSD: Markets Await Lagarde Speech
WTI Crude Oil Is Up 250%! Will OPEC+ Send It Higher Or Lower?
Article By:
Admiral Markets
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Thursday, June 4, 2020 8:43 AM EDT
Oil prices have surged nearly 250% higher since recording a new 21-year low in April. The members of OPEC+ are due to meet for the first time in June. Will their actions keep oil prices pushing higher or lower?
Both Corporate Buybacks And Bond Issuance Surprise On The Upside
Article By:
Paban Pandey
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Thursday, June 4, 2020 8:39 AM EDT
S&P 500 companies spent $198 billion in buybacks in 1Q, up 9.3 percent sequentially.
In this article: SPX
Navistar (NAV) Reports Q2 Loss, Tops Revenue Estimates
Article By:
Zacks Investment Research
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Thursday, June 4, 2020 8:29 AM EDT
Navistar came out with a quarterly loss of $0.10 per share.
In this article: NAV
ECB: More Bang
Article By:
Carsten Brzeski
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Thursday, June 4, 2020 8:25 AM EDT
An increase of the PEPP programme by 600bn euro and the reinvestment of the PEPP proceeds underlines the ECB's determination to do 'whatever it takes'.
Euro Surges After ECB Expands Emergency QE By €600 Billion To €1.350 Trillion
Article By:
Tyler Durden
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Thursday, June 4, 2020 8:12 AM EDT
In response to this massive money printing the Euro... jumped.
In this article: FXE
Malaysia’s Export Resilience Comes To An End
Article By:
ING Economics
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Thursday, June 4, 2020 8:00 AM EDT
A sharp fall in exports and the widest ever trade deficit suggests the recent relief for the Malaysian ringgit from improving oil prices may not last.
When Institutions Fail, Fragmentation And Decentralization Become Solutions
Article By:
Charles Hugh Smith
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Thursday, June 4, 2020 7:51 AM EDT
That which has failed is unsustainable, no matter how many trillions the Federal Reserve tosses against the tides of history.