All posts tagged with finance
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-(Natural News) The unilateral response from governments to the coronavirus is to helicopter money to people and their businesses in unlimited quantities. Their priority is to keep the debt-driven Keynesian show on the road, and policy makers are approaching the task with unseemly gusto. (Article by Alasdair Macleod republished from GoldMoney.com) There was evidence that […]
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-(Natural News) Thomas Sowell once wrote, “There are no solutions. There are only tradeoffs.” And aren’t we ever seeing that today with the Wuhan coronavirus (COVID-19) crisis as society grapples with the moral dilemma of getting the economy started back up again to prevent a total collapse, or keeping everything locked down to protect public […]
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-(Natural News) When the first coronavirus cases showed up in the United States, nearly 80 percent of workers were living paycheck to paycheck. About 60 percent of Americans couldn’t afford an unexpected $1,000 expense due to mounting personal debt and very little savings. For years, Americans consumed everything they earned, while barely preparing at all […]
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-(Natural News) Banks throughout the United States are closing their branches as they shift toward drive-through and ATM operations in response to the rising number of coronavirus cases in the country. One of these banking establishments is JPMorgan Chase & Co, which closed several of its branches earlier this week. “We are planning to temporarily […]
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-(Natural News) On Monday, Wall Street made another major “correction,” tanking more than 2,100 points largely on fears stemming from the still-spreading Wuhan coronavirus. And while some analysts saw the market reacting mostly to Saudi Arabia’s attempt to corner the global oil market while punishing Russia and Iran, clearly the virus’ continued spread around the […]
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-(Natural News) Gas prices are expected to slide down further this month, according to fuel price analysts. This is after oil prices plunged by as much as 26 percent on Wednesday? — an 18-year low. Patrick De Haan, Head of Petroleum Analysis at Gas Buddy, said the worldwide decline in crude oil prices can be linked to […]
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-(Natural News) The Dow Jones Industrial Average sank by 10 percent Thursday, the worst one-day drop since the 1987 “Black Monday” market crash which sent the Dow tumbling to more than 22 percent, plunging the index deeper into bear market territory. The slide comes despite efforts from both President Donald Trump and the Federal Reserve to quell investors’ […]
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-(Natural News) The coronavirus crushed U.S. stock markets anew, with the Dow Jones Industrial Average falling by 5.9 percent by closing bell on Wednesday. The 20.3 percent decline from its most recent high on February 12, 2020, also signals the end of the market’s decade-long bull run. This also marks a bear market, suggesting that investors have changed their view […]
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-(Natural News) Now that the entire nation of Italy is under mandatory lockdown due to the Wuhan coronavirus (CoVid-19), officials there are readying to suspend all mortgage payments and even some tax payments to help the nation’s confined citizens avoid going broke. Reports indicate that movement has now been restricted for some 60 million Italians, […]
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-(Natural News) Preparing for the worst, America’s largest bank is going on lock down to prepare for the coronavirus. It’s all part of JPMorgan’s “virus contingency plan” that calls on thousands of US employees to work from home and others to be relocated. The bank’s risk department said the plans are a “precautionary” measure to […]
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