Sunday, 27 September 2020

Americans Confused By Social Distancing Rules As Covid Cases Rise

As states report record numbers of new Covid-19 cases, Americans are left confused about how to handle daily life.  The surges have prompted some of the most aggressive reopening advocates, including Texas Governor Greg Abbott, to reverse course and require masks. President Donald Trump, who told reporters he wouldn’t give them…

Wall Street Aims Positive

Early signs from the U.S. Futures Index suggest that Wall Street will open higher on Thursday. The promising results from a Covid-19 vaccine trial and encouraging data from top two economies the United States and China boosting sentiment. Investors also looked ahead to major economic announcements on the day. Asian…

Gutfeld on the open letter against cancel culture

Gutfeld on the open letter against cancel culture One hundred liberal writers signed an open letter in Harper’s Magazine condemning cancel culture as an attack on free thought. To which I say: better late than never. A wise man once said that every good deed could've been done sooner. So…

GOLDMAN SACHS: Wall Street is bracing for a historically wild stock market as the presidential election nears. Here's a surprising yet simple strategy for protecting your portfolio — regardless of outcome.

Investors are paying extraordinarily high premiums to hedge their portfolios around an expectedly volatile election time, according to a recent note from Goldman Sachs.  While VIX futures for November are soaring, Goldman Sachs' David Kostin recommended extending hedges until December, when volatility is expected to be lower relative to November. …

Trump’s Tax Returns Face Judgment Day at U.S. Supreme Court

The U.S. Supreme Court will end its term Thursday morning with historic rulings that will probably determine whether the public sees President Donald Trump’s long-hidden financial records before the November election. House Democrats and a New York state prosecutor are each trying to get Trump’s personal and business records from…

UK Chancellor Sunak Unveils GBP 30 Bln Plan To Support Jobs

UK Chancellor Rishi Sunak on Wednesday unveiled a package of GBP 30 billion worth of stimulus measures, including tax cuts and bonuses, to support jobs amid the economic slump caused by the coronavirus, or Covid-19, pandemic. The latest measures are part of the government’s three phase plan to boost the…

Major Covid-Related Emissions Drop Still ‘No Cause for Cheer’

Greenhouse gas emissions in the U.S. fell 18% below last year’s level in the three months ending June 15, reflecting an economy sharply hobbled by the Covid-19 pandemic, according to a new report by research firm Rhodium Group. The drop is likely to continue through the year and even the decade, with climate pollution anywhere…