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 …
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“ “When interest rates are zero or close to zero, then gold is an attractive medium because you don’t have to worry about not getting interest on your gold and you see that the price of gold will increase as uncertainty increases in the markets.” . “ – Mark Mobius …
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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 …
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As Americans wait to see if Congress passes another stimulus package next week to help people and industries cope with the coronavirus crisis, Elon Musk says the following: “ “Another government stimulus package is not in the best interest of the people.” “ Tesla TSLA CEO, -6.34% and SpaceX explained …
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Advanced Micro Devices Inc. AMD, + 16.50% The shares posted their best day in 18 months on Friday after its biggest rival, Intel Corp. INTC, -16.24% it surprised investors with the news that its competing 7-nanometer chip would be delayed for at least six months due to manufacturing problems. On …
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