Morning all. Markets still finding support this morning with Oil recovering further and some talk in Europe about more lock down easing. I want to turn my attention to last night’s White House Coronavirus Briefing because of Trump’s attempts to downplay the Coronavirus outlook. If any of you have been […]
covid-19
17 posts
Morning all. Saw this story, which picks up on the point I was making at the weekend about how the virus is far from beaten despite all the attention being given to the US re-opening plans. One of the reasons I think this is important is that these Southeast Asia […]
Morning all. It was an interesting day in the markets yesterday which potentially saw the recent rally come to an end. Looking at the Dow for example it was 4% up at one point during the day, but closed the day down. Something that’s only happened on a couple of […]
Morning all. Japan has just declared a state of emergency, another sign that the world is far from recovery from this virus situation. The strength of markets is quite surprising, the SP500 is back above a level is was a year ago, and consider how different the circumstances are. One […]
Morning all. I saw this story earlier and it added to my thoughts that markets are not paying enough attention to what is going on in Asia at the moment with regard to the COVID-19 outbreak. Singapore has just announced that they will close schools and most workplaces, except for […]
Afternoon all. I’ve spent some time this morning reading through a report by Mckinsey & Co., which looks at the implications of COVID-19 for business and economies. A part of this that stuck out to me is the development of 9 scenarios they see as part of a range of […]
Afternoon all. I was looking at the weekend futures on IG and noticed that following Trumps decisions not to quarantine New York, they have recovered a bit. https://www.reuters.com/article/us-health-coronavirus-usa/trump-drops-idea-of-new-york-lockdown-as-u-s-death-count-crosses-2000-idUSKBN21E27W I feel this is temporary relief though and as I continue to look at the news stories out there getting increasingly concerned […]
Morning all. I could not believe what I was hearing from Trump last night during the daily Task Force Briefing. After the various COVID-19 stats released yesterday, and following updates from various state Governors I really thought he would start altering his tone to reflect to gravity of the situation. […]
Morning all. Plenty of us were surprised by the strength of yesterday’s rally following the terrible jobless claims data, and there’s no shame in admitting that. To all those who knew it was going to happen, congratulations. I still believe this rally is overcooked though and it is interesting to […]
Evening all. I’ve been trying to decide what I think of today’s record breaking rally in the US markets, and I think the closest I can get is bewilderment. I recently had to revise my downside expectations to be worse than I had forecast because of the extraordinary extent of […]