China Ends 2020 With Record Trade Surplus as Pandemic Goods Soar – Bloomberg
china trade 1.14.jpg (932×473)
Powell sees no interest rate hikes on the horizon as long as inflation stays low
Federal Reserve Chairman Jerome Powell affirmed his commitment to keeping interest rates low for the foreseeable future even as he expressed hope for a strong economic recovery. “When the time comes to raise interest rates, we’ll certainly do that, and that time, by the way, is no time soon,” the central bank chief said Thursday during a Q&A session presented by Princeton University.
Powell Bats Down Bond-Taper Talk, Warning Against an Early Exit – Bloomberg
Bond Market’s Scariest Gauge Is Worse Than Ever – Bloomberg
Manhattan Bargain-Hunters Drive a 94% Jump in Apartment Leases – Bloomberg
Tech Exodus: California Tech Companies Leaving For Texas – CBS Sacramento
SACRAMENTO (CBS 13) – A growing number of tech companies are packing their bags and moving out of the Golden State. Leading names in the industry are now adding their names to the list. “This is a major wake-up call,” explained Sanjay Varshney, Sacramento State Finance Professor.
Younger Canadians Moving Away From Big Cities at Record Levels – Bloomberg
Christopher & Banks store closings 2021: Retailer filed for bankruptcy
Christopher & Banks store closing sales: All locations liquidating after retailer files for bankruptcy protection
Apparel retailer Christopher & Banks, which caters to women over 40, is the latest clothing chain to file for bankruptcy protection amid the coronavirus pandemic. The Minneapolis-based company announced Thursday it filed for Chapter 11 in the United States Bankruptcy Court for the District of New Jersey.
The stock market continues to move higher and higher. We are seeing tech stocks, technology stocks rising higher and higher to new record highs constantly. Interest rates are very low and so investors are looking for places to put their capital, cash, money. Debt is expanding alongside this stock market growth. The bond market, sovereign bonds, debt of countries all interesting to watch as financial indicators.
— APPENDICES —
- The Money GPS: The Untold Truth About Money. Inside the Failing Financial System Master Plan – Mini Documentary
- The Money GPS: How To Get Out of An Economic Crisis. Action Steps To Excel, Prosper, and Prepare!
- The Money GPS: If You’re Dealing With Unemployment, Wage Cuts, or Crisis THIS Is What You Must Do
- The Money GPS: Who Controls the World? These Organizations, Institutions, and Families Run the Show
- The Money GPS: Rothschild and Rockefeller Team Up With the Vatican! Follow the Money…
- The Money GPS: The Broken Economy Leaving Millions Without A Job! Economic Crisis or Opportunity?
- The Money GPS: BIS Central Banker Admits EPIC Level Crisis Is the Most Likely Result of Global Mass QE
— FOOTNOTES —
Wake up to the suits and ties. They’re all lying to you. None are your friends. None wish to help you. Wolves in sheep clothing. More distractions than ever before. The magician always makes a spectacle to hide the trick.
We live in a fantasy land. More money flowing in than ever before, IPO frenzy, housing skyrocketing. Euphoria never end well. The higher it goes the worse it will be. Slow and steady growth is much safer. #money #investments #debt
IF THEY WILL FIGHT OVER PLAYSTATION…What would they do for food? #ps5 #PlayStation5 #playstation #ps5fight #walmart pic.twitter.com/hbimVKzeta
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of The Duran.