"Climbing Together"
Overall economy unemployment numbers bonds currencies.
In planning documents, the CDC described preparations for two Covid vaccines made by Moderna and Pfizer. The lists the technical details of the vaccines, including the time between doses and their storage temperatures. The govt. has already advance funded for manufacturing and production. There are extraordinary complexity of distributing vaccines to hundreds of millions of […]
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June 2020: The Furious Rally!Nasdaq Hits New Heights!Now what? Date: Saturday, June 6th, 2020 On Friday, non-farm job stats pointed towards 13.3% unemployment vs. expected 20%+. It was biggest ever 1 month gain in history! Market skyrocketed as it marked workforce recovery and economic turnaround. It strengthened the V-Shape narrative. Current State: SP500 3211 as […]
Continue ReadingChinese currency is a hot topic. It is due to mercantilist approach of artificial undervaluation to give its exports an unfair price advantage. It’s economy has been fueled by massive exports. Chinese money comes in two flavors renminbi (RMB) and Yuan (CNY). Beijing has aspiration for internationalization of its currency. CCP and national banks issue […]
Continue ReadingCurrent State Corporate sales under strain Earning per share to fall 20% unemployment, 40m UI 40% GDP shrink Interest rate 0% Home sales 34% down Consumers cautious More layoffs Bankruptcies US-China tensions COVID fears/vaccine waitRecession looming.FEDs strong n active!Market overconfident.Hard to forecast!Tough to bet on it!Some correction expected!Nothing is ever certain on Wall Street!! Key […]
Continue ReadingFriends, I am posting this note here based on my researchand compiling various news items into this document… weare heading into mid May when USA reopens… we havemany unknowns and don’t have all answers… please makesure your strategy and investments are safe… any bad newsmay have a significant chaotic impact on the market.When market is […]
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