Stock traders just got a wakeup call and the Federal Reserve, warts and all, seems to have been caught napping.…
Continue ReadingJune 28 COVID-19 Test Results, Highest Percent Positive Since Early May
The US is now conducting over 500,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingJune 2020: Unofficial Problem Bank list Decreased to 64 Institutions
The FDIC’s official problem bank list is comprised of banks with a CAMELS rating of 4 or 5, and the…
Continue ReadingAdditional Disaster Relief
It is time for additional disaster relief. The key proposals will likely include: 1. Extension of Federal Pandemic Unemployment Compensation…
Continue ReadingWeek Ahead: NIFTY Crucially Poised Amid Mixed Signals; RRG Chart Shows This Sector Topping Out
In a relatively less volatile week, the Indian equities continued to surge higher amid liquidity driven rally. After gaining 2.72%…
Continue ReadingJune 27 COVID-19 Test Results
The US is now conducting over 500,000 tests per day, and that might be enough to allow test-and-trace in some…
Continue ReadingThe Nominal Robber
Inflation is a silent killer to investor’s portfolios. Thankfully, it’s been dormant for the last few decades, leaving nominal returns…
Continue ReadingJune Vehicle Sales Forecast: 29% Year-over-year Decline
From Edmunds.com: New Vehicle Sales Expected to Drop in June, Closing a Second Down Quarter in 2020, Edmunds Forecasts The…
Continue ReadingSchedule for Week of June 28, 2020
The key report scheduled for this week is the June employment report to be released on Thursday. Other key reports…
Continue ReadingBanks, Fed and The Almighty 200
On June 10th, the Federal Reserve held their meeting and the stock market struggled on the Thursday after that, down…
Continue Reading