Wall Street retreats ahead of Trump’s response on Hong Kong
05/29/2020 8:39 AMWall Street’s main indexes fell on Friday as investors were on edge ahead of a U.S. response to China’s national security law on Hong Kong that threatens to take the shine off another month of strong gains for the stock market. President Donald Trump, who has warned...
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Standing Up to China Comes At A Cost
05/29/2020 7:15 AMThat the Feds aren't willing to pay. Standing up for principles like freedom, democracy and human rights always does but we're already paying a price for kowtowing to the...
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Schachter’s Eye on Energy – May 28th
05/28/2020 11:42 AMThis week Josef explores why a large build in US Inventories was ignored by the stock market as it continues to focus on the economy reopening and why US total stocks grew by 17.0M while total demand fell by 628Kb/day to 16.0M. Josef offers a twice monthly Black Gold...
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Premier League Soccer Season Will Resume June 17: Virus Updates
05/28/2020 10:21 AMSafety guidelines are yet to be issued by the government and decisions will remain subject to the government's strategy for suppressing the virus while moving away from lockdown. Play was suspended on March 13. When it restarts next month, it will have been exactly...
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Here’s How Amazon Could Become A Threat To Tesla, Ford And More With Zoox Buy
05/28/2020 10:17 AMAmazon.com, Inc. is in late-stage talks to acquire Zoox, a budding robo-taxi service. Zoox’s hardware and software assets could be a boon for Amazon, but a bane for automotive players fighting to retain market share. Morgan Stanley analysts led by Adam...
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OMG, Are We Daring to Ask Some Uncomfortable COVID Questions
05/28/2020 6:35 AMBorders still not closed. MPs vote a raise and then take the summer off. And the economic devastation isn't because of COVID - it's because of the policy choice we made to fight the...
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Bitcoin Retakes $9K — 3 Technical Reasons There’s Still Room to Run
05/27/2020 1:27 PMThe price of Bitcoin surges above $9,000 ahead of a Goldman Sachs client call about gold and BTC. The price of Bitcoin (BTC) surged above $9,000, demonstrating a decent recovery in the last 24 hours. Market data shows a further upsurge to the $9,300 to $9,400 range is...
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Charting the Rise and Fall of the Global Luxury Goods Market
05/27/2020 1:24 PMThe Rise and Fall of the Global Luxury Goods Market Global demand for personal luxury goods has been steadily increasing for decades, resulting in an industry worth $308 billion in 2019. However, the insatiable desire for consumers to own nice things was suddenly...
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What a Dismal Display of Leadership
05/27/2020 6:54 AMWhile millions of Canadians push to reopen the economy and get back to work - not our federal politicians where the lack of leadership in Ottawa hits a new low as they work hard to get the whole summer...
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Condo Prices are expected to drop until 2022
05/26/2020 10:55 AMThe condo market just gave back the 5% gain in the previous month. After months sitting inside of a 1% range the condo market made its move in March. Only problem, it was the wrong way. Prices had shot up to just $699K, one month later the Condo market has recognized...
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