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Ah, the Markets…

The markets are anyone’s game these days. Investors are now amateur virologists, attempting to predict the spread of the Coronavirus. There is sound logic behind trying to predict the spread of the disease. If the lockdown Americans are placed under lasts for an additional two months the cost to GDP would be an additional $1.6 […]

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A Cash Strapped World

Everyone seems to need cash these days. People without any cash are resorting to bartering for goods swapping eggs for toilet paper.  Corporations are in an equally precarious position drawing down their credit lines and issuing new bonds. In this scramble for cash their will be a reckoning between haves and have-nots. Companies that are […]

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Run World Run

Oil dropped to its lowest level in 18 years today. This is really unfortunate if one’s whole portfolio is in oil, like your’s truly. However, these low prices must be temporary. The steep drop in demand is certainly temporary as most of the world’s population is placed under quarantine. Integrated oil and gas companies like […]

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The week ahead #1

The problem with the markets is that the Coronavirus is not some abstract financial tool, but instead a deadly virus that can affect people’s loved ones. This personal fear is not only contagious but will continue to play into investors and speculators psyche. Hearing ambulances in your neighborhood, around the clock, makes the threat seem […]

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Boeing will take the Aid

The $2 trillion package has a special seventeen billion dollar provision designed specifically for Boeing. The bill almost names Boeing as the recipient stating “Not more than $17,000,000,000 shall be available to make loans and loan guarantees for 18 businesses critical to maintaining national security.” However, Boeing has made clear that they refuse to make […]