Saturday, July 04, 2020


Quick Overview is up to date
Otherwise still working on updates at InvestmentTools.com


  •  Chinese researchers warn of a new flu virus found in pigs that has become more infectious to humans and needs to be watched closely in case it becomes a potential pandemic risk 

  •  (FT) BP will slash up to $17.5b off value of its assets after lowering its longer-term energy price assumptions in wake of pandemic, which it expects to hasten shift away from fossil fuels" Shell will take a hit of up to $22bn after lowering its outlook on oil and gas. The energy firm expects fuel sales to slump 40% in the second quarter as a result of global travel restrictions…

  •  (Economist) Why zero interest rates might lead to currency volatility There is little scope for them to adjust to economic trouble. So something else must 

  •  Japans factory output fell 8.4% MoM in May to 79.1, a level not seen since March 2009 when the financial crisis shattered global demand. 

  •  Along with others…UGLD the 3x leveraged Gold ETF (GLD) is being delisted 7/12/20 


  •  Tesla’s market cap (201 billion) has surpassed Exxon Mobil’s (185 billion).. 

  • Texas now has more daily coronavirus cases than Italy when it was a global epicenter of the pandemic. 

  •  An early experimental Covid vaccine trial by Pfizer and BioNTech displays promise - pushing NSDAQ to new highs... 

  •  The pandemic situation in Brazil is a bit unclear since the gov isn't releasing data. It is probably higher than the 1,426,913 as of 7/1/2020 

  •  What is a kakistocracy? it’s a system of government that is run by the worst, least qualified, and/or most unscrupulous citizens." (Wiki)

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…