Daily Archives: July 26, 2020

World

Record numbers of #coronavirus cases in every global region – Reuters tallyhttps://t.co/rgaZmCR1nf

— Christophe Barraud (@C_Barraud) July 26, 2020

Americas

Summers Warns Economy in Grave Danger If Stimulus Lapses – Bloomberg
*As I already noted, U.S. Economic Growth Is Likely to Disappoint in 3Q 2020 Without Another Round of Stimulus Soon ➡ https://t.co/o6tJwwxqRYhttps://t.co/hXgnN5aPWA

— Christophe Barraud (@C_Barraud) July 26, 2020

#Hurricane #Hanna lashes south #Texas coast, already beset by #COVID – Reutershttps://t.co/niQ144V1HS

— Christophe Barraud (@C_Barraud) July 26, 2020

Years of Chinese Spying Led to Consulate Closing, U.S. Says – Bloomberghttps://t.co/vAmxEdcCuE

— Christophe Barraud (@C_Barraud) July 26, 2020

Amazon, Apple, Facebook and Google CEO hearing rescheduled to Wednesday – CNBChttps://t.co/VfI5fPQaAi

— Christophe Barraud (@C_Barraud) July 26, 2020

Asia

#Singapore could start #Covid_19 vaccine human trials this week – The Straits Timeshttps://t.co/tUyBH9Ze4F

— Christophe Barraud (@C_Barraud) July 26, 2020

#NorthKorea’s Kim Locks Down City After Suspected Virus Case – Bloomberghttps://t.co/az8SGP3KHn

— Christophe Barraud (@C_Barraud) July 26, 2020

#HongKong Recovery May Take Longer Than Expected, Chan Says – Bloomberghttps://t.co/wGJH3lXgf9

— Christophe Barraud (@C_Barraud) July 26, 2020

Europe

Britain will be requesting travelers from #Spain to go into self-quarantine, with the abrupt move putting tour operators under pressure – DW
*A spike of coronavirus cases in #Catalonia is fueling fears of a second wave.https://t.co/W4njBK2662

— Christophe Barraud (@C_Barraud) July 26, 2020

#Belgium Seeks to Contain Outbreaks (12:33 p.m. NY) – Bloomberg
*Link: https://t.co/7swSMSlNXt pic.twitter.com/EgqiPHNFQu

— Christophe Barraud (@C_Barraud) July 26, 2020

#France expands free COVID-19 testing as infection rates rise – Reutershttps://t.co/vRSlHDaWy0

— Christophe Barraud (@C_Barraud) July 26, 2020

#France to Steer 30 Billion Euros to Green Projects, JDD Reports – Bloomberg
*JDD link (French): https://t.co/RMLemLA6UFhttps://t.co/5umiqRmb6V

— Christophe Barraud (@C_Barraud) July 26, 2020

Your #Fang Stocks May Need Some #Gold Fillings – Bloomberg
*Link: https://t.co/yyl1EROumz pic.twitter.com/ePfQw0DaNE

— Christophe Barraud (@C_Barraud) July 26, 2020

In the midst of the worst economic crisis in decades, a portfolio split evenly between stocks, bonds, cash and gold is up 18% over the past 90 days vs. a 7% historical *annual* average.

Via BAML: pic.twitter.com/0DPv3RrFgM

— Tracy Alloway (@tracyalloway) July 26, 2020

The Message Behind #Gold’s Rally: The World Economy Is in Trouble – Bloomberg
*Link: https://t.co/Y7SXr85HgT pic.twitter.com/afAQ6RyIab

— Christophe Barraud (@C_Barraud) July 26, 2020

Americans’ real personal income (ex-government transfers) began its decline in March at the start of the staggering loss of employment, and then fell by 7% in April and 6% in May as shown in the first figure below. Serious cuts to income supports would be a policy error IMHO. pic.twitter.com/xQnADzHrBT

— Joseph Brusuelas (@joebrusuelas) July 23, 2020

China.

Floods are negatively impacting the recovery. pic.twitter.com/2q71tZvz5g

— Daniel Lacalle (@dlacalle_IA) July 26, 2020