The Federal Reserve has shown that it knows how to maintain the flow of credit during a crisis. But bond investors now also expect the Fed’s unprecedented stimulus in financial markets to change the course of the credit cycle – that is, preventing more companies from falling than expected just …
Read More »Moderna lost a patent case and stock is slipping
Text size Maddie Meyer / Getty Images Moderna on Thursday lost a patent case that had been almost entirely overlooked as the stock increased due to excitement over the company’s Covid-19 vaccine, which will be tested in a large Phase 3 trial to begin. next week. What the decision issued …
Read More »This is what will come to Amazon Prime Video in August 2020
Amazon Prime Video has a decent selection of movies in August 2020, along with a handful of original series. Among the originals, the most prominent are “The toughest race in the world: Eco-Challenge Fiji” (August 14), a 10-episode documentary hosted by Bear Grylls in which 66 teams from around the …
Read More »Global stocks sink as China retaliates to close consulate
Text size Chinese Foreign Ministry spokesman Wang Wenbin talks about the order to close the United States consulate in Chengdu. fake pictures Global stocks fell on Friday as political events swept away a wave of negativity in the markets. The Dow Jones Industrial Average fell 126 points, or 0.5%. The …
Read More »Honeywell Beat Earnings. What their numbers mean for the industrial economy.
Text size Brendan Smialowski / AFP via Getty Images Honeywell’s earnings, reported Friday morning, beat Wall Street estimates for the pandemic-hit second quarter. That’s good news for Honeywell, but the company is a huge and distant industrial conglomerate. Your earnings are a useful read for many companies in many industries. …
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