Tag Archive for: jan 26 2021
As we have forecast, the 20th century was the American century – the 21st century will be the Chinese...
CARNIVAL STOCK PRICE DOWN 60 PERCENT. Share prices of the world’s largest cruise line fell 2.5 percent last week...
COBALT PRICE JUMPS AS SUPPLIES TIGHTEN
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 26 2021, 1Supplies of cobalt, a key element of the positive terminals in lithium batteries as well as other electronic components,...
The price of nickel reached $18,410 a ton last week on the London Metal Exchange, a 70-percent climb since...
INVESTORS POUR $360 BILLION INTO EMERGING MARKETS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 26 2021, 0Since March, investors have funneled more than $360 billion into the economies of 63 developing nations, including nearly $180...
Germany has extended its broad economic lockdown through mid-February, which will cause the nation’s economy to “stagnate” in 2021’s...
ONE IN SIX CANADIAN BUSINESSES MAY CLOSE PERMANENTLY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 26 2021, 2About 181,000 Canadian businesses, or about one in every six, are seriously considering permanently closing, according to a mid-January...
EUROPE’S BANKS PROP UP COMMERCIAL REAL ESTATE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 26 2021, 1Across Europe, office buildings are deserted, malls are empty, and Main Street shops are shuttered, but major landlords are...
Although the dollar has risen one percent this month against an array of foreign currencies, speculators have taken more...
ASIA PILES UP DOLLAR-DENOMINATED DEBT
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 26 2021, 0In the first two weeks of this year, Asian governments and corporations issued $45 billion in dollar-denominated bonds, according...
EUROPEAN CENTRAL BANK RECOMMITS TO CONTINUE STIMULUS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 26 2021, 2The European Central Bank (ECB) promised on 21 January to keep buying bonds and maintain interest rates at or...
EUROPEAN BANKS: SMALL BUSINESS BUST CAN BRING THEM DOWN
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jan 26 2021, 4Europe’s banks hold more than €2 trillion in loans – about 40 percent of their loan portfolios – to...
The University of Delaware’s Biden Institute, a research and policy center founded “to influence, shape, and work to solve...
BOSTON MAY LIFT RESTRICTIONS AS ECONOMY SUFFERS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 26 2021, 5Compared to 2019, Boston’s weekday restaurant reservations are 78 percent fewer, foot traffic in stores is down by half,...
HALF OF U.S. HOTEL ROOMS WILL REMAIN EMPTY IN 2021
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 26 2021, 1Although 56 percent of Americans expect to travel for pleasure this year, according to a January survey by the...
HOME SALES SOAR TO 14-YEAR HIGH IN 2020
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 26 2021, 2Last year, more homes sold in the U.S. than in any year since 2006. The sales spurt during the...
Prices for corn, soy, and wheat have risen to six-year highs on strong exports to China, following a summer...
IGNORING TRADITION, EQUITIES & BOND YIELDS BOTH RISING
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 26 2021, 0The S&P 500 is trading in record-territory range, which is above 3,800, as investors are emboldened by strong quarterly...
STOCKS RISE ON YELLIN’S CALL FOR STIMULUS SPENDING
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jan 26 2021, 0Stock markets climbed after Janet Yellin, President Biden’s nominee for Treasury Secretary, argued forcefully for increased stimulus spending in...