By SIMON CONSTABLE
Saturday, March 28, 2020
Thursday, March 26, 2020
Forbes: French Economy “35% Below Normal,” Report Says
By SIMON CONSTABLE
Now last week’s pessimists look like optimists.
The impact the coronavirus lockdown, which began less than two weeks ago on March 17, is already having a far worse effect on France than naysayers could have foreseen.
New estimates from government statisticians show that the French economy is operating 35% below normal, according to a recent report from UK-based financial research firm Capital Economics. Read more here.
Now last week’s pessimists look like optimists.
The impact the coronavirus lockdown, which began less than two weeks ago on March 17, is already having a far worse effect on France than naysayers could have foreseen.
New estimates from government statisticians show that the French economy is operating 35% below normal, according to a recent report from UK-based financial research firm Capital Economics. Read more here.
Forbes: When Fighting The Coronavirus, America Should Learn From President Truman
By SIMON CONSTABLE
Yes, the coronavirus pandemic is unprecedented in modern times in terms of danger and the speed of its impact on the economy.
However, we can learn from one past U.S. President how resilient and agile the U.S. economy can be, especially when everyone works together toward a single goal. Read more here.
Yes, the coronavirus pandemic is unprecedented in modern times in terms of danger and the speed of its impact on the economy.
However, we can learn from one past U.S. President how resilient and agile the U.S. economy can be, especially when everyone works together toward a single goal. Read more here.
Forbes: Low Oil Prices Could Help Boost Crushed Gold Miners
By SIMON CONSTABLE
Get ready for a rally in the gold patch.
Over the past month, gold mining stocks got crushed along with most other assets.
But the divergence of how the miners performed with what happened to the price of gold bullion has now become so great that it seems to offer rare opportunities for daring investors. The falling price of oil, and the likely coming rally for gold, only adds to the relative attraction of such mining companies. Read more here.
Get ready for a rally in the gold patch.
Over the past month, gold mining stocks got crushed along with most other assets.
But the divergence of how the miners performed with what happened to the price of gold bullion has now become so great that it seems to offer rare opportunities for daring investors. The falling price of oil, and the likely coming rally for gold, only adds to the relative attraction of such mining companies. Read more here.
Tuesday, March 24, 2020
Forbes: Oil Prices Could Plunge To $10 A Barrel, Swamp Storage Capacity Report Says
By SIMON CONSTABLE
The prognosis for the oil patch just got worse.
The price of a barrel of crude oil could more than halve from current levels if the coronavirus pandemic isn’t brought under control. Plus global oil storage facilities could quickly get overwhelmed, analysts say. Read more here.
Photo by Erik Mclean on Unsplash
Friday, March 20, 2020
Forbes: Europe’s Economy Could Shrink By A Record-Breaking 15% In The Second Quarter, Report Says
By SIMON CONSTABLE
How bad will things get for mainland Europe in the coming weeks?
Worse than you could imagine for the countries of the single currency area known as the eurozone. Read more here.
How bad will things get for mainland Europe in the coming weeks?
Worse than you could imagine for the countries of the single currency area known as the eurozone. Read more here.
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