Warren Buffett, also known as the Oracle of Omaha, conducted Berkshire Hathaway’s 2020 annual meeting this Saturday (May 2. 2020). Let’s see together what invaluable outlooks Warren Buffett shares with us.
One of the best-known investment saying is: “Sell in May and go away.” Is it true? Should you sell your stocks in May 2020 and go away, or even sell futures? Let’s have a quick look!
US GDP – Q1 2020 – Gross Domestic Product shrinks by 4.8%, Recovery, and Federal Reserve’s FOMC Statement
The U.S. economy shrank by 4.8% annually in the first quarter of 2020. Let’s explore what happened, what the Federal Reserve is telling us, and what it will do.
Government debts are going through the roof! This year the U.S. debt is expected to rise by 15.4% of the GDP. The total U.S. debt will be bigger this year than the total economic output. Let’s explore together the different ways countries may deal with their soaring debt.
April 2020, the price of oil was negative! Yes, a negative price! How is it even possible to be paid to buy something? Understand how the futures prices work, and what are contango and normal backwardation!
Why when oil prices go down, the stock market is also going down? At first glance, it seems counterintuitive! When oil prices are low, it should boost the economy because energy is cheaper. So, what is going on here?
Yesterday, the U.S. Census Bureau released the advance retail sales figures. They are terrible. Retail and Food services, seasonally adjusted, went down in total by 8.7% in March, compared to February.
JPMorgan Chase & Co., the U.S. banking giant, reported its first-quarter profit and revenue for 2020. The earnings per share went down to $0.78 and they provisioned $6.8 billion to protect themselves from loan losses.
What is the economic cycle? I give you a quick overview of what drives the economy!
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