Special Interview: Hear What Jim Rickards Has to Say Right Now
I have a unique weekend edition for you today.
Earlier in the week, there was a multi-country Skype call.
Macroeconomic News: Insights into Economic Trends and Developments
The US Breaks Another Unwanted Record: Weekly Unemployment Claims
Last Friday 3.28 million was the most important number. It was a new record for US unemployment claims. Dwarfing the previous high of 695,000 claims back in 1982. The first significant statistical indicator of just how bad this ‘corona’ recession will be…
Don’t Let Optimism Suck You In: The Stimulus Package Will Not Save Us
Has Australia’s day of reckoning come?
We’ve dodged a recession for the past 29 years.
The Real Impact of Economic Shutdowns: If You Get Rid of People, You Solve the Problem
We need to consider what impact the restriction of human movement and economic shutdowns really has. That’s because it’s pretty likely that again in our lifetime, we’ll have to deal with another pandemic. This isn’t the first one we’ve had to deal with.
NZ Banks Stop Dividends: What This Means for the Aussie Big Four
The outlook for Australia’s Big Four banks has worsened this morning, with the Reserve Bank of New Zealand (RBNZ) announcing a freeze on all dividends. All of Australia’s banks have opened lower today with Australia and New Zealand Banking Group Ltd [ASX:ANZ] and National Australia Bank Ltd [ASX:NAB] the hardest hit
This Is Nowhere in the News Today — The US Dollar Shortage
Markets have tanked again this morning.
This is our new normal when it comes to watching the markets. Stock goes up for a bit, then down, down, down…
