Encouraging week but bottom may still lie ahead Stock markets are back in the red on Thursday but there is a feeling of calm currently, with the losses being seen very much in comfortable territory compared to what we’ve seen at times over the last month. Source – Thomson Reuters Eikon The decline also follows two good days for equities and almost two weeks of more stable markets, by which I mean days without double digit losses. We’re still very much living through a period of extreme volatility but it feels like we’re heading in the right direction, by which I mean cooler heads prevailing, rather than just simple market direction. In fact, I still expect challenging times ahead. The Fed and other central … [Read More...]
Europe open – Stimulus, Italy, oil, gold, bitcoin
US stimulus provides temporary relief Europe got off to a strong start again on Wednesday after the US Senate agreed a $2 trillion stimulus package to deal with the economic consequences of the coronavirus. This comes as Trump stressed his desire to have the economy up and running again by Easter, once again giving the impression that he is prioritizing the economy over the health of US citizens. This is despite warnings by the WHO that the US could become the new epicenter of the pandemic. Given those warnings, I wonder whether the stock market bounce is a little premature. Of course, all downturns have up days but yesterday was staggering. The biggest percentage gain in the Dow since 1933 is not your normal bounce and coming against … [Read More...]
Captain Lee From ‘Below Deck’ Advises Fans to Not ‘Screw the Pooch’ and Listen to Officials
Captain Lee Rosbach from Below Deck is taking a soothing, but stern approach to talking to fans about how to handle the coronavirus. The captain has shared a few reassuring messages with fans about how to stay calm but to also listen to officials about hand washing and social distancing. He recently returned from shooting season 8 and has ramped up social media activity. Below Deck season 8 reportedly stopped filming early due to the coronavirus outbreak. Captain Lee Rosbach|Ralph Bavaro/Bravo/NBCU Photo Bank via Getty Images Most recently, Rosbach shared a new video, directed to fans. Rocking his Maui Jim shades, Rosbach offered advice and told fans to remain calm. “Just wanted to post an update, My bride and I are well. Hope ya’ll are … [Read More...]
The US Should Use Stablecoins for Emergency Coronavirus Payments
Paying out the stimulus using stablecoins would be cleaner and cheaper than sending checks in the mail, says the CEO Of Binance.US. [Read More...]
Lauren London Gives Message Of Hope Amid Coronavirus Panic
America is still on lockdown in most parts of the country while the coronavirus pandemic continues and everyone is getting a little stir crazy. Hollywood has not been exempt. Several entertainers have tested positive and others are taking general precautions by self-quarantining. Lauren London 2012 | Jason LaVeris/FilmMagic While many are remaining positive and filling up their days with passion projects, watching television, and social media fun, others are in worry-mode. Actress Lauren London shared a few words of wisdom for everyone as the world tries to navigate this interesting time. Lauren London shares a positive message to help fans get through coronavirus shutdown Like most of the country, London is quarantined in her home until given the green light to do otherwise. Hollywood productions … [Read More...]
Don’t Be Remiss – Start Buying Stocks
The coronavirus (COVID-19) epidemic has pummeled stocks and has caused a complete collapse of the entire market. Broader indices such as the S&P 500, Nasdaq, and Dow Jones have lost over 20% of their value, while most individual stocks have lost 20%-70% of their market capitalization. Airlines, cruise lines, and casinos have been hit particularly […] The post Don't Be Remiss – Start Buying Stocks appeared first on INO.com Trader's Blog. [Read More...]
Hannah Brown and Tyler Cameron Make Fun of Their ‘Bachelorette’ Past and Fans Are Loving Every Second
The Bachelorette’s Hannah Brown and Tyler Cameron are coming through for Bachelor Nation fans who are craving entertainment amid the coronavirus (COVID-19) pandemic. Recently, the reality stars created “The Quarantine Crew” with a group of friends and family to document silly moments during a time of social distancing. Much to everyone’s delight, Brown and Cameron have been poking fun at their relationship on The Bachelorette Season 15. Then on March 19, the pair seemingly spoofed an elimination ceremony, which caused fans to wonder whether Cameron saved one of the roses from Brown’s season. Hannah Brown and Tyler Cameron laugh at their time on ‘The Bachelorette’ together Tyler Cameron and Hannah Brown on ‘The Bachelorette’ Season 15 | Mark Bourdillon/ABC via Getty Images In a TikTok video posted … [Read More...]
The ‘Barefoot Contessa’ Ina Garten Shares Her Pantry Staples for Enduring the Coronavirus Quarantine
In these unprecedented times, people are turning to experts to determine what to do now while they’re stuck in the house amid the coronavirus (COVID-19) pandemic. Everyone’s chief concern is where to find toilet paper. But a close second is exactly how to cook for ourselves every night of the week. The Barefoot Contessa Ina Garten is here to offer some hope amongst the uncertainty. Lately, she’s been sharing tips for surviving the quarantine, including a few pantry essentials you should always keep on hand — and how to use them. Ina Garten | Mike Smith/NBCU Photo Bank/NBCUniversal via Getty Images Ina Garten always has a well-stocked pantry It should come as no surprise that the Food Network star’s pantry is always packed … [Read More...]
Turner’s Take Podcast: Lockdown
Play Turner’s Take Podcast Episode 223 If you are having trouble listening to the podcast, please click here for Turner’s Take Podcast episodes! New Podcast I’m working from home as the country goes into lockdown. My office cell is 312-651-4621. My office phone 312-706-7610 will roll over to my cell phone if you call my trade desk. This week we talk about the macro markets and how the US Federal Reserve, Treasury, Congress, and Administration will be dealing with the coronavirus crisis going forward. We talk about how interest rates and treasuries are stabilizing (step #1 in any recovery). We then go into what needs to happen for stocks and energy to stabilize. Once that happens all the markets can start to recover. Make sure you take… [Read More...]
Facebook Pledges $100 Million To Small Businesses Impacted By Coronavirus
It’s also giving $1,000 bonuses to each of its employees. [Read More...]
Stuck Inside? It Might Be Time to Start on That Dream Project.
Use these difficult times as inspiration and, if you have the opportunity, a chance to build something. [Read More...]
Coronavirus and the consequences of a compliant media
This hasn’t been the new government’s first nationwide crisis. That was widespread flooding hitting many regions of the UK. As I explained here, that was partly a disaster created by the Conservative party (with a little help from their coalition partners). Journalists had their chance to make a story out of this by using the hook of Johnson’s non-appearance at any of the flooded towns, but it didn’t happen, just it didn’t happen on all the previous occasions we have had widespread flooding. Which is why spending on flood defences continues to be inadequate. Lack of criticism encourages a certain laziness, but also gives politicians the courage to do things that those in democracies with more accountability would not do. I think we can see both … [Read More...]