As my brain tried processing the incompressible death of George Floyd, I filtered it through the lens of my 25 years of urban policing, and the recurring theme I continued circling to, was that of police culture. I wasn’t the only cop grappling with what I saw. My social media pages …
Read More »Need to Know: Here’s the only thing investors need to know about the stock market right now, says 50-year veteran
A World Bank forecast predicting 2020 will see the worst global recession since World War II, which adds weight to the argument by some that markets and the economy are in a total disconnect right now. That likely won’t scare Capital Wealth’s market strategist Jeffrey Saut, who brings nearly 50 …
Read More »Key Words: Fauci calls pandemic his ‘worst nightmare,’ warns ‘it isn’t over yet’
Dr. Anthony Fauci on Tuesday called the coronavirus pandemic his “worst nightmare,” and warned that while he’s confident a vaccine will be developed, the outbreak is far from over. “ “In a period of four months, it has devastated the whole world. And it isn’t over yet.” ” — Dr. …
Read More »In One Chart: Here are the biggest stock-market bets among institutional and retail investors, ranked
There’s a pretty big gulf between how professional investors manage money and the bets made by average people. Like many things, it may have been amplified by the upside-down nature of markets and the economy in the wake of the coronavirus shock — or not. The chart above shows the …
Read More »As Europe grapples with placing visitors in quarantine here’s what’s happening around the world
Travellers arriving in the U.K. will have to self-isolate for 14-days from Monday as the country looks to avoid a resurgence of coronavirus cases. Most countries around the world have adopted some form of controls – here are the details: Mandatory two-week quarantine policies are being used in other countries …
Read More »CityWatch: ‘Our energy’s back,’ Cuomo says on Day 1 of New York City’s reopening
Hundreds of thousands of New Yorkers went back to work on Monday for the first time in nearly three months, as the city took its first step toward reopening with cautious optimism. “Our mojo is back. Our energy’s back,” said Gov. Andrew Cuomo at his Monday briefing. Monday also marked …
Read More »Post-lockdown policies will be a minefield for governments — three economists offer a road map
Even when coronavirus-stricken countries have shed the last restrictions of their respective, months-long lockdowns, their economies won’t be returning to normal. It will be years for them to absorb the shock, and after the massive state takeover necessitated by the crisis, governments will struggle with two questions. The first is …
Read More »Market Snapshot: Dow futures rise as stock market aims to add to rally headed into Fed week
U.S. stock-market futures edged higher Sunday evening in thin trading, as Wall Street equities looked to add to a rally toward records for the Nasdaq Composite that concluded trade last week on the back of improving economic data in the face of a viral outbreak. How are benchmarks faring? Futures …
Read More »Key Words: Mitt Romney marches in D.C.: ‘We need to stand up and say that black lives matter’
“ “We need a voice against racism, we need many voices against racism and against brutality. And we need to stand up and say that black lives matter.” ” That’s Sen. Mitt Romney on Sunday, as he joined a group of around 1,000 Christians marching in Washington and was asked …
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