Friday, May 15, 2020
German economy posts sharpest contraction since the financial crisis
https://www.cnbc.com/2020/05/15/german-gdp-shrinks-by-2point2percent-in-the-first-quarter.html
Thursday, May 14, 2020
What does the government need to do to help retirement savers through the COVID-19 crisis?
https://www.marketwatch.com/story/what-does-the-government-need-to-do-to-help-retirement-savers-through-the-covid-19-crisis-2020-05-14
Nearly 3 million more Americans file jobless claims, as 8-week total tops 36 million
https://apnews.com/d83ae33742142af43dc48854ab97fd47
To take on the coronavirus, US vaccine makers consider an unprecedented strategy: working together
https://www.cnn.com/2020/05/13/health/vaccine-coronavirus-trial-strategy/index.html
Why ‘the next big shoe to drop’ in the U.S. economy could hit by July
https://www.marketwatch.com/story/why-the-next-big-shoe-to-drop-in-the-us-economy-could-hit-by-july-2020-05-13
Connecticut Governor Says Days of Commuting to NYC May End
https://www.bloomberg.com/news/articles/2020-05-13/connecticut-governor-says-days-of-commuting-to-nyc-may-be-over
Utilities want to charge customers to make up for lost revenue
https://www.cbsnews.com/news/indiana-utility-companies-want-to-charge-customers-to-make-up-for-revenue-lost-in-pandemic/
Homeowners And Buyers Fleeing The Real Estate Industry -
https://www.valuewalk.com/2020/05/homeowners-real-estate-industry/
Wednesday, May 13, 2020
New Normal 2.0 for U.S. Economy Looks Awful, Long and Perilous
https://www.bloomberg.com/news/articles/2020-05-13/new-normal-2-0-for-u-s-economy-looks-awful-long-and-perilous
Fed’s Mester calls for more fiscal support to ward off ‘dire scenarios’ facing U.S. economy
https://www.marketwatch.com/story/feds-mester-calls-for-more-fiscal-support-to-ward-off-dire-scenarios-facing-us-economy-2020-05-12
Tuesday, May 12, 2020
I have been told to return to work but I worry it won’t be safe. What can I do? - The Boston Globe
https://www.bostonglobe.com/2020/05/12/business/i-have-been-told-return-work-i-worry-it-wont-be-safe-what-can-i-do/
Cramer: ‘I see tremendous, tremendous tall office buildings with nobody in them’ post-coronavirus
https://www.cnbc.com/2020/05/12/cramer-sees-tremendous-tall-office-buildings-with-nobody-in-them.html
Prices are tumbling at an alarming rate
https://www.cnn.com/2020/05/12/economy/consumer-prices-april/index.html
Billionaire Chamath Palihapitiya says the economy is 'completely divorced' from the stock and bond markets — and issues a warning for the Fed
https://www.businessinsider.com/chamath-palihapitiya-says-economy-is-divorced-stock-market-fed-warning-2020-5
Column: Republicans seek to exploit COVID-19 crisis to cut Social Security benefits
https://www.latimes.com/business/story/2020-05-11/republicans-covid-social-security
Goldman Sachs says stocks will tumble 18% in the next 3 months — and lays out 6 risks it thinks investors are ignoring
https://www.businessinsider.com/stock-market-outlook-6-reasons-for-more-selling-goldman-sachs-2020-5
New research complicates the '80% rule' for retirement savings
https://finance.yahoo.com/news/new-research-complicates-the-80-rule-for-retirement-savings-205546383.html
'The greatest disconnect in history': An investor who called the coronavirus sell-off warns of 2 market crashes this year
https://www.businessinsider.com/stocks-bonds-will-crash-investor-called-market-meltdown-warns-2020-5
'Painfully evident' damage: Deutsche Bank now thinks the US economy will shrink by nearly 40% in the 2nd quarter following coronavirus lockdowns
https://www.businessinsider.com/us-economy-gdp-will-shrink-second-quarter-deutsche-bank-coronavirus-2020-5
Monday, May 11, 2020
China’s purchases of US goods will fall way short of ‘phase one’ trade deal due to the coronavirus, says think tank
https://www.cnbc.com/2020/05/11/coronavirus-us-exports-to-china-to-fall-short-of-phase-one-trade-deal-says-csis.html
Economist Gary Shilling Warns Quick Recovery ‘Not Realistic’: Coronavirus ‘Most Traumatic Event in the World Since World War II’
https://www.mediaite.com/news/economist-gary-shilling-warns-quick-recovery-not-realistic-coronavirus-most-traumatic-event-in-the-world-since-world-war-ii/
China under pressure to write off loans as countries struggle to repay debt during coronavirus crisis
https://www.cnbc.com/2020/05/11/belt-and-road-china-may-have-to-write-off-loans-as-countries-struggle-to-pay.html
Sunday, May 10, 2020
Coronavirus Impact: Large scale facilities explore ionized hydrogen peroxide to keep food, workers safe - ABC7 San Francisco
https://abc7news.com/6168168/
Fed’s Kashkari throws cold water on White House optimism about a ‘snapback’ economic recovery
https://www.marketwatch.com/story/feds-kashkari-throws-cold-water-on-white-house-optimism-about-a-snapback-economic-recovery-2020-05-10
Saturday, May 9, 2020
A majority of Americans say reopening the country from coronavirus restrictions isn’t worth the risks
https://www.marketwatch.com/story/a-majority-of-americans-say-reopening-the-country-from-coronavirus-restrictions-isnt-worth-the-risks-2020-05-08
When United Pawned Old Jets, Bond Traders Sent a Stark Warning
https://www.bloomberg.com/news/articles/2020-05-09/when-united-pawned-old-jets-bond-traders-sent-a-stark-warning
88,300 truck drivers lost their jobs in April, and it's the biggest trucking job loss on record
https://www.businessinsider.com/trucking-bloodbath-truck-drivers-lost-jobs-april-jobs-report-2020-5
Animal welfare advocates: 'Dog shortage' in U.S. shows disruption in supply chain | TheHill
https://thehill.com/homenews/state-watch/496732-animal-welfare-advocates-dog-shortage-us-shows-disruption-in-supply
Dad to kids: I've decided you don't get to take over the family business. Kids to Dad: Who wants to run Samsung anyway?
https://www.theregister.co.uk/2020/05/07/samsung_dynasty_ends/
No 'V'-shape return from devastating U.S. job loss, Fed policymakers say
https://www.reuters.com/article/us-health-coronavirus-fed-daly-idUSKBN22K30P
Friday, May 8, 2020
‘Never seen anything remotely this bad’: Economic experts floored by worst jobs report in history
https://www.rawstory.com/2020/05/never-seen-anything-remotely-this-bad-economic-experts-floored-by-worst-jobs-report-in-history/
Op-ed: Markets rising as economic numbers plunge is historically a setup for disappointment
https://www.cnbc.com/2020/05/08/op-ed-markets-rising-as-economic-numbers-plunge-is-historically-a-setup-for-disappointment.html
The U.S. economy may be in for a ‘square root’-shaped recovery—and you won’t like it any more than algebra class
https://www.marketwatch.com/story/the-us-economy-may-be-in-for-a-square-root-shaped-recoveryand-you-wont-like-it-any-more-than-algebra-class-2020-05-08
Dow jumps 350 points, shaking off report showing worst U.S. unemployment rate since the Great Depression
https://www.marketwatch.com/story/dow-futures-rise-nearly-300-points-as-us-china-trade-reps-hold-call-investors-brace-for-jobs-report-2020-05-08
Oil Majors Are Abandoning This Key Shale Basin | OilPrice.com
https://oilprice.com/Energy/Natural-Gas/Oil-Majors-Are-Abandoning-This-Key-Shale-Basin.html
And the malls come tumbling down | Retail Dive
https://www.retaildive.com/news/and-the-malls-come-tumbling-down/577002/
Thursday, May 7, 2020
Billionaire 'bond king' Jeff Gundlach warns the US government's borrowing binge could lead to 'fatal' negative interest rates
https://www.businessinsider.com/billionaire-bond-king-jeff-gundlach-warns-fatal-negative-interest-rates-2020-5
‘Massively Negative’: Trump Economic Adviser Predicts U.S. GDP Will Plunge 40% in Second Quarter
https://www.mediaite.com/tv/trump-economic-adviser-kevin-hassett-predicts-40-gdp-for-current-quarter-amid-coronavirus-lockdown/
World Faces Rare ‘Inflationary Depression,’ Says Keynes Scholar
https://www.bloomberg.com/news/articles/2020-05-06/world-faces-rare-inflationary-depression-says-keynes-scholar
Bank of America forecasts a 'shocking' 22 million jobs lost in April, unemployment spike to 15%
https://www.businessinsider.com/unemployment-surge-millions-jobs-lost-april-report-bank-america-coronavirus-2020-5
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