Category Federal Reserve

Legendary Investor And Heyman Capital Management Founder Kyle Bass On Why The Stock Market Should Be Closed Until We Reach Peak Virus

Legendary Investor And Heyman Capital Management Founder Kyle Bass On Why The Stock Market Should Be Closed Until We Reach Peak Virus   https://fortunascorner.com      Legendary investor and Heyman Capital Management Founder Kyle Bass was interviewed on CNBC’s Squawk Box this morning/March 23, 2020) and he strongly argued that the U.S. stock markets should be closed […]

Federal Reserve Lowers Interest Rate To Zero

All media outlets are reporting Federal Reserve lowers funds rate to zero. RCP, fortunascorner.com

Heyman Capital Mqnagement’s Kyle Bass On The Geostrategic Fallout To Come From Coronavirus; Crisis In Iran And Coronavirus Impact Being Dramatically Under-Reported; Banking Crisis Coming For Italy, China, And Hong Kong

Heyman Capital Mqnagement’s Kyle Bass On The Geostrategic Fallout To Come From Coronavirus; Crisis In Iran And Coronavirus Impact Being Dramatically Under-Reported; Banking Crisis Coming For Italy, China, And Hong Kong   https://fortunascorner.com       Kyle Bass, Founder of Heyman Capital Management was interviewed on CNBC’s Squwak Box this morning/March 9, 2020 for his observations […]

Stock Market Selloff; Virus Aftermath Not Like A Hurricane – No Roofs Will Be Replinished Even If A Recession Is Avoided; Recovery Is Likely To Be U-Shaped, And Uncomfortably Long

Stock Market Selloff; Virus Aftermath Not Like A Hurricane – No Roofs Will Be Replinished Even If A Recession Is Avoided; Recovery Is Likely To Be U-Shaped, And Uncomfortably Long   https://fortunascorner.com      The title above is from Justin Lahart’s article, “Virus Aftermath Not Like A Hurricane,” in this weekend’s/March 7/8, 2020 Wall Street Journal. In his Heard On The Street column, Mr. Lahart […]

The Selling Probably Isn’t Over; JP Morgan Revises China’s Q1 GDP Forecast To -4 Percent; Jeff Gundalach Says Market Pricing In A +50% Bernie Sanders Is Democratic Nominee For POTUS

The Selling Probably Isn’t Over; JP Morgan Revises China’s Q1 GDP Forecast To -4 Percent; Jeff Gundalach Says Market Pricing In A +50% Bernie Sanders Is Democratic Nominee For POTUS   https://fortunascorner.com   What a difference 3 days make.+ $2T in stock prices/equity wealth has been wiped out of the U.S. stock market since Monday. […]

Millions Of Chinese Firms Face Collapse If Banks Don’t Act Fast

Excerpts: Despite accounting for 60% of the world’s second-largest economy and 80% of jobs in China, private businesses have long struggled to tap funding to help them expand during good times and survive crises. Support from China’s banking giants in response to the outbreak has so far been piecemeal, mostly earmarked for directly combating the […]

The Negative Economic Impact Of The Coronavirus On China’s Economy Will Be Profound; And Its Negative Economic Impact Will Be Felt Across The Globe, Says Mohammed El Erian, Chief Economic Adviser at Allianz

The Negative Economic Impact Of The Coronavirus On China’s Economy Will Be Profound; And Its Negative Economic Impact Will Be Felt Across The Globe, Says Mohammed El Erian, Chief Economic Adviser at Allianz   www.fortunascorner.com      Mohammed El-Erian, Chief Economic Adviser at Allianz, and former CIO and Chief Investment Officer at PIMCO, was interviewed on […]

DOW Drops 300 Points On Concerns Coronavirus Will Dramatically Slow China’s Economy; Evercore ISI Chairman Sees Zero Percent Growth For China In The First Quarter Of 2020

DOW Drops 300 Points On Concerns Coronavirus Will Dramatically Slow China’s Economy; Evercore ISI Chairman Sees Zero Percent Growth For China In The First Quarter Of 2020   https://fortunascorner.com      It used to be said that when the “U.S. got a cold, the rest of the world got the flu.” That is, if our […]

Goldman Sachs Cuts Global Growth Forecast As Trade War Triggers U.S. Recession Fears; Stock Picks For Investors To Play In The Next Phase Of The U.S./China Trade War

Goldman Sachs Cuts Global Growth Forecast As Trade War Triggers U.S. Recession Fears; Stock Picks For Investors To Play In The Next Phase Of The U.S./China Trade War   https://fortunascorner.com      Maggie Fitzgerald posted an August 11, 2019 article to the website of CNBC, with the title above. She writes that “the U.S./China trade war is […]

‘Hidden Debts’ Reveal Risks Of China’s Lending Spree

Check out figure 7 below. https://www.asiatimes.com/2019/07/article/hidden-debts-reveal-risks-of-chinas-lending-spree/ ‘Hidden debts’ reveal risks of China’s lending spree Dangers of BRI project and other foreign funding programs are highlighted in a comprehensive report China’s foreign funding program appears to be highly inflammable. Image: iStock For many poor nations, it is a long and winding road to ‘debt’ and ‘corruption.’ […]