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Monthly Archives May 31, 2021

8% of unvaccinated people had a more severe form of Covid-19, Health News & Top Stories

Robert Spruell
May 31, 2021
Supply Constraints
Eight percent of the unvaccinated Covid-19 patients here in the past seven weeks have seen their condition worsened to the point of requiring supplemental oxygen, Health Minister Ong Ye Kung said yesterday...

Shiba Inu remains obsolete as volatility dries up

Robert Spruell
May 31, 2021
Price Action
The SHIB price is stuck around the $ 0.00000700 range for the last day. The Bollinger Bands indicator shows that Shiba Inu volatility has dried up. A large move is usually seen after...

West Virginia Governor Jim Justice is personally liable for $ 700 million in Greensill loans

Robert Spruell
May 31, 2021
Money Insurance
West Virginia Governor Jim Justice is personally hooked on nearly $ 700 million in loans his coal companies took out of the now-defunct Greensill Capital, according to people familiar with the loans and documen...

Anxiety runs high as Pa. begins massive overhaul of 60-year-old unemployment computer system

Robert Spruell
May 31, 2021
Recession Risk
Claims will be put on hold until June 8 as the state makes an ambitious leap to a new, cloud-based benefits system. But experts warn this “all-at-onceâ...

Japan Electronics Sector Income Gaps Clarify

Robert Spruell
May 31, 2021
Financial Slump
The revenue gaps between major Japanese electronics makers are becoming evident, with companies such as Sony Group Corp. and Hitachi Ltd. flourishing while Panasonic Corp. and Toshiba Corp. face to...

Chinese factory activity slows due to slowing demand and strong services

Robert Spruell
May 31, 2021
Supply Constraints
Factory activity in China edged down in May due to slowing demand and rising commodity prices, while the service sector exploded during the Labor Day break, according to the official data Monday.The Purchasi...

Morning Macro – MacroBusiness

Robert Spruell
May 30, 2021
Price Action
Wall Street obediently reacted to Biden's first budget on Friday night, ending the negotiating week with a draw. Volatility in currency markets briefly peaked while other markets also experienced a...

Bad loans and personal guarantees

Robert Spruell
May 30, 2021
Money Insurance
On May 21, 2021, the Supreme Court dismissed the allegations of 75 petitions challenging the notification, including that of Anil Ambani, Sanjay Singhal, Venugopal Dhoot, Kapil Wadhawan and 45 other industrial...

Prediction: These Will Be the 10 Largest Stocks by 2035

Robert Spruell
May 30, 2021
Recession Risk
If there is one constant on Wall Street, it's that nothing stays constant for long. The combination of technological innovation, competitive advantages, acquisitions...

Pune Inc urges Maharashtra government to restore oxygen supply

Robert Spruell
May 30, 2021
Supply Constraints
Industrial bodies in Pune and Pimpri Chinchwad have urged the state government to restore oxygen supply for industrial purposes, as the demand for medical oxygen has dropped significantly in the...

Keck Seng Investments (Hong Kong) (HKG: 184) Stock prices have fallen 40% in the past three years

Robert Spruell
May 30, 2021
Price Action
Keck Seng Investments (Hong Kong) Limited (HKG: 184) Shareholders will no doubt be very grateful to see the share price rise by 30% in the last quarter. But that doesn't change the fact that the returns of...

Federal Student Loans: Department of Education Reverses Trump-Era Policy Restricting State Oversight of Student Loan Servicers and Debt Collectors

Robert Spruell
May 29, 2021
Money Insurance
Richard Cordray, Director of the Federal Student Aid Office, announced new orientation On Friday, he argued, it would "make it easier" for state attorneys general and regulators to obtain information from the F...

Unregulated Cryptocurrency Bubble Could Send the Economy Into a Tailspin

Robert Spruell
May 29, 2021
Recession Risk
Banking regulators are rushing to come up with cryptocurrency rules, according to the Federal Reserve's financial regulator, but many fear rule-making is too late, and the unregulated windfall may be. - alr...

Rural nominal wages rise during pandemic: Nomura

Robert Spruell
May 29, 2021
Supply Constraints
MUMBAI: Even though the raging pandemic has disrupted businesses and caused significant income losses, rural nominal wages have been higher during the period, the data shows. According to Nomura,...

New rules notified to determine deemed consideration for collapsed sale; key things to know

Robert Spruell
May 29, 2021
Financial Slump
The CBDT has now prescribed the rules containing the mechanism for calculating FMV in collapse sell transactions.Through Anish shahThe 2021 Union budget introduced significant changes in the provisions relat...

The Postal Service proposes to increase the price of the First Class stamp to 58 cents – Action News Jax

Robert Spruell
May 29, 2021
Price Action
WASHINGTON - The US Postal Service is proposing a rate hike on first-class stamps from 55 cents to 58 cents as part of a restructuring plan created to reduce the agency's debt.>> Read more new trendsPo...

Coal rally continues amid concerns over availability of supply to meet demand

Robert Spruell
May 28, 2021
Supply Constraints
Strong points CIF ARA price increased 155% in one year Gas prices have also increased dramatically Prices for marine coal have been bullish over the past year, largely from...

Scott Sponsors Bill to Help Veterans Build Credit for Home Loans

Robert Spruell
May 28, 2021
Money Insurance
US Senator Tim Scott (R-SC) sponsored a bipartisan bill on May 26 that would ensure that US military veterans and service mem...

Ethereum, Bitcoin & Ripple – American Wrap May 28

Robert Spruell
May 28, 2021
Price Action
Ethereum Classic's price hit a stalemate as it failed to break above the upper limit of the $ 80 supply area. Ethereum has had an eye-catching rally since its weak swing on May 23. T...

Labor shortages returning despite high unemployment rates: The Conference Board

Robert Spruell
May 28, 2021
Recession Risk
May 28, 2021 Labor shortages return as Covid-19 pandemic appears to be easing, says Labor shorta...

How to stop relying on payday loans

Robert Spruell
May 28, 2021
Money Insurance
Payday loans are like a black hole. They suck your money and trap you in a vicious cycle of borrowing. If you're a payday loan customer, it can be overwhelming. But you can break the cycle and stop relying o...

South African economy continues to rebound from 2020 recession

Robert Spruell
May 28, 2021
Recession Risk
The South African economy continues to rebound after the 2020 recession, albeit at different growth rates across sectors, the South African Reserve Bank's Financial Stability Review (FSR) revealed. On T...

U.S. banks set to make ‘record high’ profits in 2021, IIR says

Robert Spruell
May 28, 2021
Financial Slump
According to the Institute of International Finance, an industry association, US banks are expected to post profits "at an all-time high" in 2021, as the US economy recovers and financial markets remain vibr...

Auto and Truck Sales Show: The Inflation Mindset Has Changed, Consumers Are Ready To Pay Much More, Not Only Generating Record Sales But Also Record Gross Profits

Robert Spruell
May 28, 2021
Supply Constraints
This change in mentality about inflation is probably not "temporary". By Wolf Richter for WOLF STREET. Record retail sales of new vehicles despite reduced incentives by automakers, record transaction ...

Snowflake Inc (NYSE: SNOW) – Pre-Market Prep Stock: Snowflake

Robert Spruell
May 27, 2021
Price Action
Benzinga's PreMarket Prep airs every morning from 8 a.m. to 9 a.m. ET. During this hectic and highly informative hour, traders and investors alike tune in to get the top news for the day, the cat...

What to watch out for in Biden’s budget: Israel, student loans, mounting deficits

Robert Spruell
May 27, 2021
Money Insurance
US President Joe Biden speaks on jobs and the economy at the White House in Washington, United States, on April 7, 2021. REUTERS / Kevin LamarquePresident Joe Biden will release his first full budget on Friday,...

Sanderson Farms, Inc. Reports Results for Second Quarter of Fiscal 2021

Robert Spruell
May 27, 2021
Recession Risk
LAUREL, Miss.--(BUSINESS WIRE)--Sanderson Farms, Inc. (NASDAQ: SAFM) today reported results for its second fiscal quarter and six months ended April 30, 2021. Net sales for the second quarter of ...

Tempur Sealy provides update on improving sales trends

Robert Spruell
May 27, 2021
Supply Constraints
LEXINGTON, Ky., May 27, 2021 / PRNewswire / - Tempur Sealy International, Inc. (NYSE: TPX, “Tempur Sealy” or the “Company”) today prov...

S&P Confirms Philippines’ BBB + Rating, Reports Increased Debt Risks

Robert Spruell
May 27, 2021
Financial Slump
On Thursday, S&P Global Ratings confirmed its credit ratings for the Philippines, but pointed out such downside risks such as increased government debt stock. In its latest report, S&P mainta...

Gold Price Forecast – Bullish channel in play, bullish bias dominates

Robert Spruell
May 27, 2021
Price Action
During Wednesday's Asian trading session, the yellow metal gold managed to extend its previous long winning streak and continues to take offers around $ 1,900 as the latest rise in COVID-19 infections drives...

Analysis: Early or Late Cycle? Fast-Running Bull Market Unnerves Investors | Top News

Robert Spruell
May 26, 2021
Recession Risk
By Thyagaraju Adinarayan and Sujata RaoLONDON (Reuters) - Will the longest bull market in history be followed by one of the shortest?It's been just over a year since a new business cycle began, but the speed...

TN CM Stalin takes a hit at the Center for vaccine supply

Robert Spruell
May 26, 2021
Supply Constraints
Outlook May 26, 2021 6:33 p.m. IST TN CM Stalin takes a hit at the Center for vaccine supply outlookindia.com 1970-01-01T05: 30: 00 +...

Britain’s M&S expects profits to rebound after 88% drop

Robert Spruell
May 26, 2021
Financial Slump
British retailer Marks & Spencer (MKS.L) forecast a rebound in profits this year after falling 88% in 2020-2021 which reflected a slump in clothing sales due to the COVID-19 pandemic, but warned investor...
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Daily Fundamental Oil Price Forecasts – Improving US Fuel Demand, API Draw Providing Support Before EIA Data

Robert Spruell
May 26, 2021
Price Action
The benchmark US West Texas Intermediate and benchmark Brent crude oil futures are trading slightly better in limited exchanges as traders await the release of the US Energy Information Administration's week...

Nordstrom Reports Bigger-Than-Expected Loss as Markdowns Hit Margins

Robert Spruell
May 25, 2021
Supply Constraints
The exterior of Nordstrom's flagship store is seen during a media preview in New York, the United States, October 21, 2019. REUTERS / Shannon StapletonNordstrom Inc (JWN.N) posted a larger-than-expected quar...

US Bitcoin ETF lenders see collapse in Canadian funds as reason to believe

Robert Spruell
May 25, 2021
Financial Slump
Breadcrumb Links FP Finance Cryptocurrency As the price of Bitcoin crater, the US $ 660 million Purpose Bitcoin ETF in Canada has moved in sync - and that's a good thing Author of th...

How Impact Investing Can Relieve the Rent Burden

Robert Spruell
May 25, 2021
Recession Risk
Bobby Turner, Wharton graduate, founder and CEO of Turner Impact Capital, wants to reinforce the pride of the rental. He believes that building neighborhoods that provide a sense of community pride t...

Pizza Hut leaves Lebanon as economic crisis ends operations

Robert Spruell
May 25, 2021
Financial Slump
Lebanon's economic crisis has taken a bite out of Pizza Hut, forcing the American restaurant chain to close outlets in the struggling country.In a series of moving social media posts, Pizza Hut announced &ac...

Watchers Raise Profit Forecast As Trading Accelerates Block After Block

Robert Spruell
May 25, 2021
Supply Constraints
Lookers expects full-year profits to "comfortably" exceed expectations, the car dealership said on Tuesday, pushing shares higher.The group said it saw "strong" exchanges after its showrooms reopened on Apri...

XAU / USD remains confined in a range below multi-month highs

Robert Spruell
May 25, 2021
Price Action
Gold offsets losses in Asian session, but remains in the red for the second day in a row. Yields on US Treasuries remain depressed for day four, inflation expectations are picking up....

EXPLAINER: Why the county is looking to ride low interest rates to big savings on refinancing pension debt

Robert Spruell
May 25, 2021
Recession Risk
Faced with a mountain of debt totaling nearly $ 700 million owed to California's underfunded retirement system for public sector employees, Santa Cruz County is considering an option similar to refinancing a...

Used car sales surge amid tight supply of new cars – Consumer protection

Robert Spruell
May 24, 2021
Supply Constraints
United States: Used car sales jump amid tight supply of new cars ...

What is the market opinion on the price and volume trends of RADCOM Ltd. share? (RDCM) Monday?

Robert Spruell
May 24, 2021
Price Action
Overall market sentiment was high for RADCOM Ltd. stock. (RDCM) lately. RDCM receives a bullish rating of Investors Observers Stock sentiment indicator. ...

Despite falling stock prices, a medical doctor still has potential

Robert Spruell
May 24, 2021
Financial Slump
One Medical's stock has fallen 34.7% in the past three months. Its losses in the first quarter of 2021 were double what ana...

Heading for U- shaped recession

Robert Spruell
May 24, 2021
Recession Risk
By Dr. Santosh Kumar Mohapatra The pandemic shuddered and quivered the world, dominated public discourse, and dissent. As theCovid second wave engulfs India, it is well understood that there can be no ...

Stocks surge at open after two-day drop

Robert Spruell
May 24, 2021
Financial Slump
FE ONLINE REPORT | Posted: May 24, 2021, 11:39 a.m. | Update: May 24, 2021 1:38:11 PM The market opened sharply higher on Monday, after two days of liquidating earnings reservations, as i...

What kind of return would shareholders of Pioneer Global Group (HKG: 224) have achieved if they bought their shares three years ago?

Robert Spruell
May 24, 2021
Price Action
In order to justify the effort of selecting individual stocks, it is worth striving to beat the returns of a stock index fund. But in any portfolio, it is likely that some stocks do not match that bench...

Explained: The Semiconductor Chip Shortage And How Auto Manufacturers Are Tackling It

Robert Spruell
May 24, 2021
Supply Constraints
Written by Pranav Mukul, edited by Explained Desk | New Delhi | Updated: May 24, 2021 7:03:53 AM A prolonged shortage of inputs, especia...

Is Fintech Changing The Forex Landscape

Robert Spruell
May 23, 2021
Recession Risk
Fintech: a brief history FinTech, short for financial technology, is often described as a tangle between financial services and information technology, concepts that most peop...
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What’s next for Keurig Dr Pepper Stock after its 20% rally?

Robert Spruell
May 23, 2021
Supply Constraints
Keurig Dr Pepper Broth (NYSE: KDP) has risen nearl...

DOGE Leapfrogs ADA and BNB resilience takes fourth place

Robert Spruell
May 23, 2021
Price Action
BloombergGlobal Rebound Euphoria tests central bankers' nerves on risk(Bloomberg) - As the world barely goes through the worst of an unprecedented crisis, central bankers are already wondering if the next on...

Crain’s forum on city pensions

Robert Spruell
May 23, 2021
Recession Risk
“I think the biggest question I would ask myself if I were a dependent retiree (of the legacy system) is, 'Are they going to make the 2024 payment?'” Said David Draine, s...

Top hedge funds bet on little-known oil company

Robert Spruell
May 23, 2021
Financial Slump
A high-profile hedge fund group is hoping to turn the tide of a crumbling battered North Sea oil and gas company in which they have built significant positions as energy prices soar.Taconic...

Student volunteers participate, provide ration for lockdown: The Tribune India

Robert Spruell
May 23, 2021
Supply Constraints
Tribune press service Rohtak, May 22 Groups of underprivileged children, who are associated with different charity schools in Rohtak, are committed to servi...

Chicago NAR Says US Existing Home Sales Plummet As Home Prices Soar

Robert Spruell
May 22, 2021
Financial Slump
The United States' National Association of Realtor (NAR) on Friday released a statement indicating that sales of existing homes in the United States fell for the third consecutive mon...

Yields, inflation and the Fed’s cut debate are key

Robert Spruell
May 22, 2021
Price Action
FUNDAMENTAL OUTLOOK IN US DOLLAR: CASH RETURNS, INFLATION, FEDERAL CONTINUATIONThe US dollar weakened further by -0.3% last week as bearish conviction dominatesFOMC officials are creating headwinds for Trea...

Defying Critics, Biden and Federal Reserve Insist Economic Recovery Remains on Track

Robert Spruell
May 22, 2021
Recession Risk
"We should be on track for a fantastic comeback this summer, full steam ahead," said Sen. Mitch McConnell of Kentucky, the Republican leader this month. "From vaccinations to job growth, the new Biden admin...

Yes, the pot is legal. But it is also rare.

Robert Spruell
May 22, 2021
Supply Constraints
In New York and New Jersey, the race is on to grow legal weed.In Orange County, New York, there are plans to build a large cannabis cultivation and processing plant on the grounds of a former state prison.Ab...

ADA eyes 30% drop to flash crash low of $ 0.95

Robert Spruell
May 22, 2021
Price Action
ADA / USD teases a head-and-shoulders breakdown on the 4H chart. Cardano price risks a steep drop to Wednesday's low at $ 0.95. There is still room for the RSI to fall as ADA bears...

Collapse in demand leaves Karnataka’s dairy sector in deep trouble | Bengaluru News

Robert Spruell
May 22, 2021
Financial Slump
Representative imageBENGALURU: A hard blow for the dairy farmers of Karnataka, the dairy unions have decided to reduce the purchase price of Rs 1.5 per liter from June 1, due to the drop in consumption in a ...

A glacial disaster in the making

Robert Spruell
May 22, 2021
Recession Risk
On August 15, 2020, a teenage girl was killed in a remote village of Chitral as glacial flooding swept through six houses, partially damaging sixteen others and inundating crops of wheat and standing b...

Economist hopes for a robust year in New England

Robert Spruell
May 21, 2021
Supply Constraints
New England's economic outlook for 2021 looks bright with businesses reopening, but there are some peripheral factors that could shape the economy going forward, according to TD Bank Senior Economist James ...
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Why Compliance Professionals Need Primary Source Data

Robert Spruell
May 21, 2021
Price Action
By Ian Henderson, CEO of Kyckr ...

US stocks are mixed; Bitcoin resumes decline: markets roll up

Robert Spruell
May 21, 2021
Financial Slump
This content was published on May 21, 2021 - 20:05 May 21, 2021 - 20:05 (Bloomberg) - U.S. stocks have been mixed after investors were partially surprised by the volatility of trading in high-risk assets ...

Deere Reports Second Quarter Net Income of $1.790 Billion

Robert Spruell
May 21, 2021
Recession Risk
Deere & Company (NYSE: DE) reported net income of $1.790 billion for the second quarter ended May 2, 2021, or $5.68 per share, compared with net income of $666 million, or $2.11&...

Tencent first quarter profit: Company posts strong results, but stocks collapse

Robert Spruell
May 21, 2021
Financial Slump
The Chinese gaming and social media giant said on Thursday that revenue jumped 25% to 135.3 billion yuan (about $ 21 billion) for the quarter ended in March compared to the same period last year. . Profit cl...

Morning market briefing: the euro rose again following the decline in the dollar index

Robert Spruell
May 21, 2021
Price Action
STOCKS Dow and DAX seem mixed and could be limited to the beach. 33500-35000 on the Dow and 14800-15500 on DAX might be the possible range. Asians seem relatively weak. Nikkei may fall to 27000-26000 wh...

Kogan retrograde, hit by growth difficulties

Robert Spruell
May 21, 2021
Supply Constraints
This figure was impacted by stock compensation expenses related to the granting of options after the Company's AGM in November 2020; and suffered shipping costs of $ 5.8 million due to on-time warehousing a...

Britain’s economy is hot but not overheating

Robert Spruell
May 20, 2021
Recession Risk
TIT BIG the reopening of Nando's, a chicken-focused restaurant, in Stevenage Leisure Park on May 17 was a quiet affair. There was no ribbon cut or long queue. But the young crowd was happy to eat inside fo...

European stocks rebound on bullish earnings and trades

Robert Spruell
May 20, 2021
Financial Slump
European stocks rebounded on Thursday from a slump the previous day as investors took comfort in strong corporate earnings and chip merger talks, which helped allay i...

Weekly jobless claims in the United States decline further; the activity of factories in the middle of the Atlantic cools down

Robert Spruell
May 20, 2021
Supply Constraints
People line up outside a recently reopened career center for in-person appointments in Louisville, US on April 15, 2021. REUTERS / Amira Karaoud / File PhotoThe number of Americans filing new jobless claims ...

An overview of total returns to shareholders of SoftBlue (WSE: SBE)

Robert Spruell
May 20, 2021
Price Action
The easiest way to profit from a rising market is to buy an index fund. While individual stocks can be big winners, many others fail to generate satisfactory returns. Unfortunately the SoftBlue SA The ...

Coronavirus latest: Canadians driving to the US for Covid shot will not be spared quarantine

Robert Spruell
May 20, 2021
Recession Risk
According to a study published by the New York Federal Reserve Blog, the current pool of US borrowers in forbearance is more vulnerable to delinquency at the end of the program, but that does not mean that d...

Stocks crash, crypto crash worries markets

Robert Spruell
May 20, 2021
Financial Slump
Stock markets struggled to propel themselves after a turbulent session on Wall Street where cryptocurrencies collapsed and a hint of weak talk from the US Federal Reserve pushed bond market sales and lifted ...

BHP delivers first iron ore in $ 3.6 billion project to southern flank

Robert Spruell
May 20, 2021
Supply Constraints
MELBOURNE, May 20 (Reuters) - The BHP group has produced its first iron ore as part of its $ 3.6 billion southern flank operations in Western Australia's central Pilbara region, he said. announced Thursday.S...

Parabola Broken: Why the Bitcoin Correction Could Go Much Further

Robert Spruell
May 19, 2021
Price Action
Bitcoin's price in a flash is now well below $ 40,000, hitting as low as $ 30,000 this morning during the chaos. The sale is the worst since Black Thursday last year at the star...

Tesla lags behind as Bitcoin plunges into China crackdown

Robert Spruell
May 19, 2021
Financial Slump
The logo of automaker Tesla is seen at a dealership in London, Britain on May 14, 2021. REUTERS / Matthew Childs / File PhotoShares of Tesla Inc (TSLA.O) fell 2% on Wednesday, doing worse than the market as ...

IFC announces $2 bn commitment to speed up Africa’s recovery from pandemic – Economy – Business

Robert Spruell
May 19, 2021
Recession Risk
The International Finance Corporation (IFC), a member of the World Bank Group, on Wednesday announced a commitment of $ 2 billion to support small businesses and increase trade in Africa to accelerate th...

Bizav OEMs optimistic about new customers

Robert Spruell
May 19, 2021
Supply Constraints
Business aviation OEMs are increasingly optimistic about a rebound in the industry with reports that up to one million customers are flying privately for the first time in 2020, but executives from the The c...

Oil drops on Iran report, gold rally sparkles

Robert Spruell
May 19, 2021
Price Action
Iran's nerves suffer from oil Oil markets rose yesterday as Brent touched resistance at $ 70.00 a barrel. The rally suffered a sharp turnaround after BBC Persia tweeted that progress had been made on a US...
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central bank covid pandemic economic recovery federal reserve interest rates long term pre pandemic price action real estate short term stock market supply chain supply constraints united states wall street

Recent Posts

  • LUNC and USTC price are recovering exceptionally well, will LUNA price keep pace?

  • Former Warren County Businessman Admits Fraudulently Obtaining $1.8 Million in COVID-19 Loans for Small Businesses | USAO-NJ

  • The corporate spending that can’t wait for a recession to pass

  • Record $82bn spree allows India to defy global crisis

  • Permian Basin gas production growth challenged by inflation and supply chain issues

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