Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The global economy relies on spending. More and more spending. If people aren’t buying iPhones, they don’t need as many parts. If they don’t need the parts, they don’t need the raw materials. Everything is connected. It goes for any industry. One industry that is joined at the hip is the financial and housing industries. We learned in 2008 what it was all about but unfortunately haven’t learned our lessons whatsoever.
CMBX | IHS Markit
CMBX Index | S&P Global
The Markit CMBX index is a synthetic tradable index referencing a basket of 25 commercial mortgage-backed securities.
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PIA’s Roosevelt Hotel in New York to shut down due to weak economy | Reuters
PIA’s Roosevelt Hotel in New York to shut down due to weak economy
The Roosevelt Hotel in New York’s Manhattan owned by Pakistan International Airlines (PIA) <PIAa.KA> announced that it will shut down for good by the end of this month.
Press Releases | The Broadway League | Broadway Update On Performance Cancellations
Broadway Update On Performance Cancellations
New York, NY – October 9, 2020 – The Broadway League announces the continued suspension of all ticket sales for Broadway performa…
Broadway shutdown extended until May 30
Broadway shutdown extended until May 30
Fans of Broadway will have to wait a little longer for shows to resume – until at least late May.
Museums Sell Picasso and Warhol, Embrace Diversity to Survive
MSN
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Movie theater operator B&B Theatres says it’s months from bankruptcy
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Microsoft is letting more employees work from home permanently – The Verge
Microsoft is letting more employees work from home permanently
Microsoft is allowing employees to work from home permanently. Managers will need to approve a permanent change, but employees will also be able to freely work remotely up to 50 percent of their working week.
The Island Brokers Are Overwhelmed – DNyuz
DNyuz – Latest Breaking U.S. News
Latest Breaking News, U.S. and World Politics, Crime, Business, Science, Technology, Autos, Entertainment, Culture, Movie, Music, Sports.
Chicago Fed President Charles Evans speaks with Yahoo Finance [Transcript]
Chicago Fed President Charles Evans speaks with Yahoo Finance [Transcript]
A full transcript of Yahoo Finance’s interview with Chicago Fed President Charles Evans aired on October 9.
(1) Quoth the Raven on Twitter:
“LOL they probably charged like $10,000 a ticket to hear this great “analysis”” / Twitter
https://twitter.com/QTRResearch/status/1314242324088709121?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1314242324088709121%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fwww.zerohedge.com%2Fmarkets%2Fnot-clear-bernanke-stock-prices-are-wildly-overvalued
World food price index rise 5% year-on-year in September – FAO | Reuters
World food price index rise 5% year-on-year in September – FAO
World food prices rose for a fourth month running in September, led by strong increases for cereals and vegetable oils, the United Nations food agency said on Thursday.
Manhattan Apartments Haven’t Been This Cheap to Rent Since 2013 – Bloomberg
ESPN preparing another round of layoffs amid coronavirus pandemic – nj.com
ESPN preparing another round of layoffs amid coronavirus pandemic
ESPN went through a pair of layoffs in 2017, slashing behind-the-scenes staff as well as on-air anchors.
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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 financial system is here in 2020. Growing debt, margin, cash. The equities are supported by more debt. The tech stocks have increased as a result of low interest rates.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
What Is The Money GPS? The Money GPS is a news aggregation source. It compiles data from government documents, white papers, mainstream news articles, financial reports, supranational entity reports, financial charts, and any other relevant information. The information is collected, dots are connected, and compiled into videos which tend to be around 10 minutes in length. Subjects include anything from central banks, debt, stock market analysis, and information which is specifically ALTERNATIVE to what the majority of people believe. If you are looking for stock tips or help with building your portfolio, this channel is not for you. If you… Read more »
I’ve talked about it over and over but CMBC is a HUGE issue today. I broke it down in this video and went on so long it continues into the video I’ll post tomorrow. Stay tuned for that. Do you think that most investors know about the dangers here?
#TheMoneyGPS
Part 2 – Financial System Weakest Link Here in 2020! Failure Inevitable, Containment Impossible
83 minute audio podcast, with adult content:
https://truepundit.com/paine-in-the-morning-9-things-you-need-to-know-this-tuesday-october-13th-2020-listen/