Lamont Traeger – Page 18 – PressClub World

6. 4. 2020 No Responses

Emerging Markets After $18 Trillion Global Equity Wipeout

Emerging market stocks trade at record 65% discount to U.S. after $18 trillion global equity wipeout. The global financial rout triggered by the pandemic wiped $18 trillion off global equity markets in the year to date, and emerging markets, in...

2. 4. 2020 No Responses

Oil rallies 24 to 36% within minutes after Trump says he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut

Saudis and Russia deny every Trump’s word. Brent oil shoot up 36% (temporary) and West Texas up 24% This was the most expected market event amongst commodities traders. The President later said in a tweet that a production cut would be...

27. 3. 2020 No Responses

The Real Reason for The Rescue: JPM and Citi Have $2.96 Trillion in Exposure to CDS

JPMorgan Chase and Citibank Have $2.96 Trillion in Exposure to Credit Default Swaps. According to the most recent report from the regulator of national banks, the Office of the Comptroller of the Currency (OCC), JPMorgan Chase has exposure to $1.2 trillion i...

20. 3. 2020 No Responses

Governor Cuomo Orders NY Lockdown, GS Now Expects A Record 24% Crash In Q2 GDP

Cuomo Orders 100% Of New Yorkers To Stay Home. The morning after California laid out the most restrictive measures to combat the virus in the US, NY Gov. Andrew Cuomo on Friday laid out new measures for New York State...

17. 3. 2020 No Responses

IATA: Airlines Urgently Need $200B In Capital

Global airlines running out of cash, need government support. Swift government action is needed to help global airlines that are in a desperate situation and running out of cash, the International Air Transport Association warned on a media call on...

14. 3. 2020 No Responses

Spain And France Declare Lockdowns, Berlin Shuts Museums And Brothels

Spainish impose 15-day lockdown effective immediately. France announces national lockdown. Berlin shuts museums, bars and even brothels, in tough crackdown on virus spread. Spanish Prime Minister Pedro Sanchez has signed the emergency decree Spain under an I...

12. 3. 2020 No Responses

FED Unveiled $3 Trillion Repo Bailout, Expands “Not QE4” To Genuine QE5

After increases in its repo facility twice already this week, from $100billion to $150billion to $175billion per day, and adding added a new 1-month term repo facility, the New York Fed just stunned the market and fired its biggest bazooka...

9. 3. 2020 No Responses

Banks, Big Oil, Boeing Stocks Crashed Spectacularly, Biggest Crash Since Lehman Event

When two black swans collide and third is en route. Folks, it is just warm-up lap. $2.5 Trillion wiped out as world stocks crash most since 2008. Bank of America, Citigroup, Deutsche Bank, Commerzbank down 14 percent, British Petroleum crashed...

5. 3. 2020 No Responses

Cutting Rates Is Now About As Relevant As Painting A Sinking Ship

The bear market rally probably didn’t persuade anyone the epidemic crisis is over. Nevertheless there are a surprising number of articles saying manufacturing production is recovering rapidly in China – although the weather satellites show rising NOx ...

3. 3. 2020 No Responses

Chevron Plans to Return $80 Billion to Shareholders Over Five Years

As era of oil is gradually ending, Chevron on Tuesday revealed plans to pay out as much as $80 billion in dividends and share buybacks over the next five years despite the recent sharp decline in oil prices that inevitably will...

28. 2. 2020 No Responses

Markets Crash In Worst Week Since Lehman Event

Friday’s market performance has traditionally been the weakest, even during the meltup phase ahead of the recent coronacrash, and as such it will probably not come as a surprise that today’s overnight rout which followed the biggest 6-day correctio...

25. 2. 2020 No Responses

Soybean oil causes neurological changes, says animal study

America’s favorite cooking oil causes neurological changes, says animal study by research team from University of California, Riverside. New research has shown that despite being marketed as a healthy alternative, soybean oil, America’s most popular oil, c...

19. 2. 2020 No Responses

EU Auto Registrations Plunge Into Abyss

For months we have been commenting about how the global auto market is mired in recession. Most recently, we have been highlighting how China, one of the world’s largest economies and auto markets, has been exacerbating things with terrible sales numb...

15. 2. 2020 No Responses

China sets up wartime measures in Wuhan, send 25,000 medical personnel

China Sends 25,000 Medical Personnel To Hubei As War Time Conditions Take Effect. 1,716 medical workers have been infected. China has sent new 217 medical rescue groups totaling 25,633 personnel to Hubei province to fight the outbreak. New wartime level quara...

Author: Lamont Traeger

US deficit to soar to record $3.8 trillion in 2020

Emerging Markets After $18 Trillion Global Equity Wipeout

Oil rallies 24 to 36% within minutes after Trump says he spoke to Putin, MBS and expects Saudis, Russia to announce 10 million barrel cut

The Real Reason for The Rescue: JPM and Citi Have $2.96 Trillion in Exposure to CDS

Governor Cuomo Orders NY Lockdown, GS Now Expects A Record 24% Crash In Q2 GDP

IATA: Airlines Urgently Need $200B In Capital

Spain And France Declare Lockdowns, Berlin Shuts Museums And Brothels

FED Unveiled $3 Trillion Repo Bailout, Expands “Not QE4” To Genuine QE5

Banks, Big Oil, Boeing Stocks Crashed Spectacularly, Biggest Crash Since Lehman Event

Cutting Rates Is Now About As Relevant As Painting A Sinking Ship

Chevron Plans to Return $80 Billion to Shareholders Over Five Years

Markets Crash In Worst Week Since Lehman Event

Soybean oil causes neurological changes, says animal study

EU Auto Registrations Plunge Into Abyss

China sets up wartime measures in Wuhan, send 25,000 medical personnel