Umair

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5 Bank stocks to buy and hold for 6 + months 📈🚀

Pin on MAX- Investing iDEAS!

Max Capital Trades Ltd.: 5 Bank Stocks to Buy as the Economic Outlook Impro...

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Max Capital Trades Ltd.

Stock Market, Financial Analysis, Financial News, Nasdaq, SPX500, DowJones, Maxtradesuk, Max Capital Trades Ltd, Max Trades

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Just months ago, few people in this country knew who María Antonieta Alva was. Now Peru’s finance minister is a household name. In Lima, banners featuring her face and the words, “courage and dignity,” are hung from bridges. On social media, a video circulates of her discussing stimulus policies with the salsa song, “How crazy it was to fall in love with you,” playing in the background.⠀

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The 35-year-old’s popularity—rare in a country that has historically had little trust in politicians or state institutions—is largely due to her role leading Peru’s economic response to the coronavirus pandemic, marking Latin America’s biggest per capita financial outlay.⠀

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Alva, a Harvard-trained economist, is helping roll out a colossal stimulus package amounting to 12% of gross domestic product, one of the world’s most aggressive compared with the size of its economy. Public spending and tax breaks comprise 7%, with the remainder mainly government-backed loans to struggling businesses.⠀

“We aren’t going to skimp on resources needed for the emergency,” Alva said in a recent interview. “Money can’t be a problem.”⠀

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Snap & Pins 📈🚀

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Netflix & Small businesses 📈📉

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Lockdown to cost £2.4bn a day as economy limped

Lockdown to cost £2.4bn a day as economy limped Consumer confidence at its lowest since the financial crisis Consumer confidence ...

The coronavirus lockdown will cost the economy £2.4 billion a day for as long as it lasts and consumer confidence has crashed to its lowest level since the financial crisis, according to two gloomy new reports about the state of the economy. Shutting down the economy will reduce Britain’s gross domestic product by 31 per cent as social restrictions prevent businesses from functioning, the Centre for Economics and Business Research said. Output at hotels, restaurants, retailers, cleaning services, museums and galleries and manufacturing will more than halve.

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Reported by Bloomberg

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A CHART FROM BLOOMBERG MARKETS ON THE GROWTH IN THE BALANCE SHEET OF THE FEDERAL RESERVE AS THE WORLD'S MOST POWERFUL CENTRAL BANK EXPANDS ITS ASSET PURCHASE PROGRAM (QE) AND OPENS MULTIPLE EMERGENCY FUNDING WINDOWS.

#ECONOMY #MARKETS #FED #CENTRALBANKS #CORONAVIRUS #ECONOMICCRISIS #FEDERALRESERVE

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The evidence is mounting that March marked the start of a deep global recession. The extent of the collapse is beginning to appear in the trickle of economic data across the world.

From cratering trade, sinking consumption and surging unemployment, the fallout is sparing few industries.

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Markets on Monday📈

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Observing a LOCKDOWN

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Crude Expected to Collapse as OPEC Meeting Delayed; Saudi, Russia Rift Widens!

A delay in the virtual meeting between OPEC and its allies scheduled for Monday is likely to hit oil prices this week following last week’s record-setting comeback in crude oil prices, sources familiar with the matter told CNBC. The meeting will now “likely’ be held on Thursday, sources said.

Last week, President Donald Trump said to CNBC that he expected Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman to announce a deal to cut production by up to 15 million barrels, and that he had spoken to both countries’ leaders.

That news was enough to chase the weaker shorts out of the market, fueling a 25% surge in U.S. crude oil on Thursday, producing its best day on record. It also gained another 12% on Friday.

Furthermore, the market finished the week with a 32% surge, breaking a 5-week losing streak and posting its best weekly performance ever, back to the contract’s inception in 1983.

Crude price in jeopordy, Saudi - Russian rift stays. OPEC delayed!

Crude Expected to Collapse as OPEC Meeting Delayed; Saudi, Russia Rift Widens Given the delay in the OPEC meeting and rising tensions b

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Dan Crenshaw, a Navy SEAL turned Texas congressman, thinks the lessons in his new book “Fortitude: American Resilience in the Era of Outrage” are particularly useful in the midst of the coronavirus pandemic.⁠⠀

Politicians and epidemiologists have compared the fight against the new coronavirus to a war, and Crenshaw agrees. In those conflicts, he says, only a fraction of the U.S. population was in harm’s way. The pandemic, on the other hand, “is an all-hands-on-deck kind of war,” adds the 36-year-old, who lost an eye after being hit by an IED on a 2012 mission in Afghanistan.⁠

In his constituency in southeastern Texas, the Republican is working to save businesses hurt by the crisis. To handle the fear and stress, he urges people to stop and think before reacting to the news, and also suggests being grateful for time spent with family and trying to look at the crisis in context. He has publicly lauded efforts to create faster testing, and on social media, he has publicized the pleas of local hospitals for donations of medical supplies.⁠⠀

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Coronavirus sparking recession, Jobs crippled worldwide.📉

Coronavirus sparking recession, jobs crippled worldwide.

Jobs Destroyed Worldwide as Coronavirus Sparks Recession The world’s workers are reeling from the initial shock of the coronavirus rec

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China’s markets opened after Lunar New Year to a bloodbath

China’s markets opened after Lunar New Year to a bloodbath China’s stock markets tanked on the first day of trading after an extended Luna...

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Apple Stock Flying Higher, $20 Billion Over Strategy Along With The Best Use Of Tax Reform Policy. There Is Still A Red Flag!

Apple Stock Is Still Climbing After The Record Earnings Quarterly Result, But….. Apple announced historic quarterly results this ...

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Don’t let those play you.. [Video]

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