Silver Was On Sale - iShares Silver Trust ETF (NYSEARCA:SLV) | Seeking Alpha
https://seekingalpha.com/article/4334671-silver-was-on-sale
https://seekingalpha.com/article/4334671-silver-was-on-sale
Seeking Alpha
Silver Was On Sale
Silver is far more volatile than gold.2008 is a guide for the silver market.Open interest provides a clue.Gold should move a lot higher, and silver should follow.The USLV ETN is SLV on steroids.
These mortgage borrowers will be the first canary in the coal mine for a coronavirusfueled foreclosure crisis regulator says - MarketWatch
https://www.marketwatch.com/story/these-mortgage-borrowers-will-be-the-first-canary-in-the-coal-mine-for-a-coronavirus-fueled-foreclosure-crisis-regulator-says-2020-04-01
https://www.marketwatch.com/story/these-mortgage-borrowers-will-be-the-first-canary-in-the-coal-mine-for-a-coronavirus-fueled-foreclosure-crisis-regulator-says-2020-04-01
MarketWatch
These mortgage borrowers will be ‘the first canary in the coal mine’ for a coronavirus-fueled foreclosure crisis, regulator says
Federal Housing Finance Agency Director Mark Calabria told CNBC that ‘it is certainly possible’ the number of delinquencies caused by the coronavirus...
43% of small businesses say they’ll be forced to close permanently if they don’t get help soon, survey says
https://www.marketwatch.com/story/43-of-small-businesses-say-theyll-be-forced-to-close-permanently-if-they-dont-get-help-soon-survey-says-2020-04-03
https://www.marketwatch.com/story/43-of-small-businesses-say-theyll-be-forced-to-close-permanently-if-they-dont-get-help-soon-survey-says-2020-04-03
MarketWatch
43% of small businesses say they’ll be forced to close permanently if they don’t get help soon, survey says
Small businesses can now apply for $350 billion in forgivable loans as part of the $2 trillion coronavirus stimulus bill.
Fed points to slowdown of scheduled bond purchases next week
http://www.marketwatch.com/story/fed-points-to-slowdown-of-scheduled-bond-purchases-next-week-2020-04-03
http://www.marketwatch.com/story/fed-points-to-slowdown-of-scheduled-bond-purchases-next-week-2020-04-03
Soaring Bond Yields Drive States, Cities to Buy Back Own Debt
https://www.bloomberg.com/news/articles/2020-04-07/soaring-bond-yields-drive-states-cities-to-buy-back-own-debt
https://www.bloomberg.com/news/articles/2020-04-07/soaring-bond-yields-drive-states-cities-to-buy-back-own-debt
Bloomberg.com
Soaring Bond Yields Drive States, Cities to Buy Back Own Debt
Investors’ swift retreat from a key corner of the municipal-bond market is causing state and local governments to take matters into their own hands.
Coronavirus: Fed's Kashkari says economic recovery could be slow, hard
https://www.cnbc.com/2020/04/12/coronavirus-feds-kashkari-says-economic-recovery-could-be-slow-hard.html
https://www.cnbc.com/2020/04/12/coronavirus-feds-kashkari-says-economic-recovery-could-be-slow-hard.html
CNBC
Fed's Neel Kashkari says coronavirus economic recovery 'could be a long, hard road'
Kashkari's comments came days after the Labor Department reported that another 6.6 million Americans filed first-time unemployment claims in the past week.
U.S. Junk Bond Default Rate Will Be At Its Highest Level In More Than Three Years
https://www.forbes.com/sites/mayrarodriguezvalladares/2020/04/13/us-junk-bond-default-rate-will-be-at-its-highest-level-in-more-than-three-years/
https://www.forbes.com/sites/mayrarodriguezvalladares/2020/04/13/us-junk-bond-default-rate-will-be-at-its-highest-level-in-more-than-three-years/
Forbes
U.S. Junk Bond Default Rate Will Be At Its Highest Level In More Than Three Years
The April default rate for junk bonds is expected to exceed 4%, the highest level in the last three years; this is a significant rise from a default rate of 2.9% at the end of March. This is likely to lead to more layoffs and more pressure on states' unemployment…
Coronavirus: Homebuilder confidence takes biggest one-month dive in history
https://www.cnbc.com/2020/04/15/coronavirus-homebuilder-confidence-takes-biggest-one-month-dive-in-history.html
https://www.cnbc.com/2020/04/15/coronavirus-homebuilder-confidence-takes-biggest-one-month-dive-in-history.html
CNBC
Homebuilder confidence index takes biggest monthly dive ever as coronavirus slams economy
This month's HMI survey was conducted from April 1 to April 13, after millions of Americans had been issued orders to stay home to stem the spread of the virus.
Demand for Bank Notes in Dollars & Euros Spikes Despite Fears of Covid-19 Contaminated Cash | Wolf Street
https://wolfstreet.com/2020/04/19/demand-for-physical-dollars-euros-spikes-despite-fears-of-covid-19-contaminated-cash/
https://wolfstreet.com/2020/04/19/demand-for-physical-dollars-euros-spikes-despite-fears-of-covid-19-contaminated-cash/
Wolf Street
Demand for Bank Notes in Dollars & Euros Spikes Despite Fears of Covid-19 Contaminated Cash
A curious phenomenon.
This oil price crash isn't as bad as it seems — here's why
https://www.cnbc.com/2020/04/20/this-oil-price-crash-isnt-as-bad-as-it-seems-heres-why.html
https://www.cnbc.com/2020/04/20/this-oil-price-crash-isnt-as-bad-as-it-seems-heres-why.html
CNBC
This oil price crash isn't as bad as it seems — here's why
The contract for May delivery of U.S. crude dropped more than 100% on Monday to a record low, but longer term, things might not be as bad.
Central Banks and the Next Crisis: From Deflation to Stagflation | Mises Wire
https://mises.org/wire/central-banks-and-next-crisis-deflation-stagflation
https://mises.org/wire/central-banks-and-next-crisis-deflation-stagflation
Mises Institute
Central Banks and the Next Crisis: From Deflation to Stagflation
When governments and central banks announce massive stimulus packages at the very beginning of a crisis, they bet on a speedy recovery and a return to normal as if nothing had happened. This is far
Buenos Aires Times | Greenback dealers on motorbikes deliver a cash lifeline in Argentina
https://www.batimes.com.ar/news/economy/greenback-dealers-on-motorbikes-deliver-a-cash-lifeline-inargentina.phtml
https://www.batimes.com.ar/news/economy/greenback-dealers-on-motorbikes-deliver-a-cash-lifeline-inargentina.phtml
Buenos Aires Times
Greenback dealers on motorbikes deliver a cash lifeline in Argentina
After decades of defaults, currency crises, high inflation and volatile politics, men yelling “exchange! exchange!” in downtown Buenos Aires became part of the city’s fabric. Amid the coronavirus pandemic, though, no-one is selling on the streets. Instead…
CLOs Risk Starring Role in This Recession When Default Wave Hits
https://www.bloomberg.com/news/articles/2020-05-01/clos-risk-starring-role-in-this-recession-when-default-wave-hits
https://www.bloomberg.com/news/articles/2020-05-01/clos-risk-starring-role-in-this-recession-when-default-wave-hits
Bloomberg.com
CLOs Risk Starring Role in This Recession When Default Wave Hits
Michael Lewis’s “The Big Short” told the story of CDOs, now infamous debt securities that played a starring role in the last financial crisis. This time around their cousins could be thrust center stage.
Fannie-Freddie Forbearance Rule Sows Fears of Mortgage Hangover
https://finance.yahoo.com/news/fannie-freddie-forbearance-rule-sows-100000668.html
https://finance.yahoo.com/news/fannie-freddie-forbearance-rule-sows-100000668.html
Yahoo
Fannie-Freddie Forbearance Rule Sows Fears of Mortgage Hangover
(Bloomberg) -- U.S. homeowners hurt by coronavirus were told they could delay their mortgage payments without facing consequences. Now, some are learning they’re at risk of being shut out of the housing market.The snafu has been triggered by the hastily drafted…
The US economy is officially in recession
https://finance.yahoo.com/amphtml/news/us-economy-officially-in-recession-nber-165226139.html#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
https://finance.yahoo.com/amphtml/news/us-economy-officially-in-recession-nber-165226139.html#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s
Yahoo Finance
The US economy is officially in recession
The National Bureau of Economic Research said Monday that the COVID-19 crisis has officially launched the U.S. economy into a recession, thus ending the longest economic expansion on record.
Three countries - Zambia, Ethiopia and Chad - have applied for help under the framework, but those efforts have stalled, largely due to foot-dragging by China, now the world's largest sovereign creditor, and private sector creditors