Sunday, June 21, 2020

Quick Overview is up to date

Otherwise still working on updates.....

  • (Reuters) - Systemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan said on Sunday.

  • Treasury Inflation Protected Securities, or TIPS,  dropped to a new low for the year. Now at -0.6%

  • Beijing  implements localized lockdowns on a second wave of COVID-19 – while the Bank of China is taking further steps to ease policy.

  • Top members of coronavirus task force advised against Trump's Tulsa rally.

  • Apple said it's going to close some stores…

  • The WHO warns the pandemic is accelerating…

  • Brazil reported a record one-day increase for any country in the world since the pandemic began of 54,771 new cases  and 1,206 new deaths, raising total to more than 1 million cases and 48,954 dead.

  • Goldman Sachs upped its 12-month gold forecast to $2,000 from $1,800, mentioning low interest rates and worries over currency debasement. The above TIPS chart probably  helps a bit.

  • Now Schwab etc. let you buy fractional shares – for $5. Perhaps fractional options trading (facetious) can be expected next.

  • From Spam to Corned Beef, Sales of Canned Meat AreBooming

  • 6/20/2020 World Climate Service Preliminary all-time record of 38.0°C (100.4°F) at Verkhoyansk in Siberia, and a contender for hottest on record within the Arctic Circle. Temperatures expected in 2100 appear to be arriving 80 years early…

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