Financial Industry News
Donald Trump criticized the World Health Organization (WHO) for a variety of failures on coronavirus. Trump may have been deflecting, but the WHO repeatedly failed in its handling of the Covid-19 outbreak. Coupled with ‘egregious failures’ on the 2014 Ebola outbreak, the WHO’s role in international public health needs to be reassessed post-coronavirus. Donald Trump […]
Continue ReadingThe Dow Jones closed in the red after erasing a 900-point surge. The U.S. stock market suffered negative price-action after a massive gap higher at the opening bell. Trump, McConnell, and Pelosi are all backing more government intervention in the real economy. The Dow Jones completely erased its aggressive rally ahead of Tuesday’s close, as […]
Continue ReadingDonald Trump’s “financial interest” in hydroxychloroquine has been overdone. There are plenty of credible reasons to dispute the president’s endorsement of the drug. By calling out a fake financial scandal, the media are drawing attention away from the real issues. Controversy surrounding hydroxychloroquine has been a hot topic in recent weeks as Donald Trump continues […]
Continue ReadingThomas Modly tried to disgrace fired Navy Captain Brett Crozier for being concerned about his crew. Modly called him “stupid” and “naive.” Modly is clearly the stupid one if he thought anyone was going to take his side. He’s just the latest of many immature men getting exposed by the coronavirus. Acting Navy Secretary Thomas […]
Continue ReadingOptimism is gaining the stock market, as COVID-19 cases and deaths are declining globally. While lockdown measures appear to be working, we shouldn’t be too optimistic as a second wave of infections might occur. Stocks are trading at attractive valuations, but we should stay prudent since more downsides are likely. Global stock markets surged on […]
Continue ReadingDonald Trump’s reluctance to accept that hydroxychloroquine may not treat coronavirus was clear when he kept Dr. Fauci from answering questions about it this weekend. There is some early evidence suggesting that the drug works. But there are also plenty of studies contradicting those results, leading medical professionals to advise against using it on a […]
Continue ReadingAmid the coronavirus pandemic, American life is up-in-the-air as President Trump warns of a “rough week” ahead. It’s important to analyze an “after” once the virus has run its course and no more confirmed cases are announced. The “after” will be co-dependent on what lessons the U.S. and other countries take heed of after the […]
Continue ReadingJoe Rogan confirmed Biden’s biggest fear: Bernie Sanders supporters aren’t going to back him. Rogan’s wide reach is a powerful platform for Trump. Joe Biden’s lackluster support means many people are likely to avoid voting all together. The most popular podcaster on the planet just endorsed Donald Trump. Joe Rogan, who previously backed Bernie Sanders, […]
Continue ReadingThe delayed OPEC+ meeting will likely yield positive results, but it won’t be enough to stabilize prices for good. If producers can’t agree on cuts soon, oil prices could plunge below $10. Donald Trump’s tariff talk is likely little more than false hope. Oil prices appear set to plummet when trading resumes on Monday as […]
Continue ReadingDonald Trump warned Americans to brace for a rapidly rising death toll in the coming weeks. Coronavirus has yet to reach its peak in the U.S., and when it does Trump believes it cold rival world wars. Trump could be inflating the figures to boost his own image. This weekend Donald Trump issued a terrifying […]
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