BofA GLOBAL RESEARCH FUND MANAGER SURVEY: RECESSION FEARS DOMINATE
–In April, Global Investors Extremely Pessimistic Re World Growth By Vicki Schmelzer NEW YORK (MaceNews) – Recession fears dominated in April, with global investors extremely pessimistic about world growth prospects in the wake of the spread of COVID-19, according to the findings of BofA Global Research’s monthly fund manager survey, released Tuesday. A record net […]
TEXT: FED DETAILS MAIN ST., OTHER LENDING FACILITIES
WASHINGTON (MaceNews) – The following is the Federal Reserve announcement of details of its new Main Street lending facilities and other programs, released Thursday morning: The Federal Reserve on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes […]
WHITE HOUSE WATCH COMMENTARY: VIRUS MYTHS, HOPES, REALITIES HARD TO DISTINGUISH
By Denny Gulino WASHINGTON (MaceNews) – The tiny nation-state of Singapore had done a great job against the virus as has Taiwan and still they are examples to the world that any “win” is more coexistence with an enemy that never really leaves. What does “winning” against a corona virus mean? In the case of […]
Oil Analysis: Low Expectations For Agreement At OPEC-Plus Virtual Gathering
WASHINGTON (MaceNews) – Members of the Organization for Oil Exporting Countries, along with Russia, Mexico and possibly Canada as well as Norway, are set to meet virtually Thursday to hash out an agreement to halt the months-long plunge in oil prices. However, expectations are low that a deal will be reached to ease a situation […]