Bond Yields Crash and Gold Soars on Pandemic Threat
The 30-year long bond yield crashed to a record low, gold jumped, and equities hammered as fears of a pandemic…
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The 30-year long bond yield crashed to a record low, gold jumped, and equities hammered as fears of a pandemic…
Equity futures are taking a big hit this evening in response to an escalation in the coronavirus pandemic.
The number of coronavirus cases are now rising exponentially in three countries outside of China. Italy is the latest.
JSW Steel had nothing but praise for Trump’s steel tariffs. Now the company has filed a lawsuit against the Trump…
The coronaviris is spreading rapidly outside China. The US is not close to being prepared if we get hit.
The coronavirus outbreak will seal the fate of China’s trade commitments but both the US and China are in denial.
The PMI dipped into contraction for the first time over 6 years in this morning’s report from Markit.
Car sales in China for the first two weeks in February are down 92% from a year ago.
Once again, the yield on the 30-year long bond is below 2.0%. I expect a record low yield shortly. Gold…
One quick glance of S. Korea’s infrastructure shows how difficult it will be to stop the Korean coronavirus spread.