Gold is about to cross $2,000. At the moment, it’s up to $1,991.47 – and could cross it as early as today. All thanks to further fallout from the coronavirus, economic fears, tensions with China, central banks pumping liquidity into...
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Q2 GDP Down a Record 32.9%– Worse than Great Depression
The U.S. economy just saw the biggest drop in second quarter GDP in history. Q2 GDP plummeted 32.9%. Fortunately, it wasn’t as bad as the 34.7% drop economists were expecting. Still, it was pretty bad with contractions in...
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Here’s What’s in the Senate’s Coronavirus Relief Package
With a good deal of coronavirus relief needed, Senate Majority Leader Mitch McConnnell just unveiled the Republican’s relief plan. Some of the top proposals – as highlighted by CNBC – include: It would set enhanced federal...
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The Top “Work from Home” Stocks to Keep an Eye On
With the coronavirus still making the rounds, many schools and companies have already announced they’ll go virtual for the Fall season. Google for example just announced it will extend its “work from home” order through summer 2021. ...
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Moderna Launches First Phase 3 Coronavirus Vaccine Study
We may be nearing a coronavirus vaccine. Moderna just received another round of U.S. funding for its vaccine in the amount of $472 million. According to SVB Leerink analysts, that commitment will be used to fund a Phase 3 trial for...
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The Biggest Winners and Losers of the Day
The Dow soared 101 points higher to 26,571, as the S&P 500 gained 24 to 3,239. The NASDAQ was up 180 points to 10,542. All on hopes for solid earnings this week from the likes of McDonald’s, Pfizer, Alphabet, Apple, and Advanced Micro...
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