Making economic or market comparisons to the Great Depression is almost always ridiculous…until now that is.
The daily price swings we’ve seen in the last month were beginning to rival what happened during the 1929-1932 period. The worst 10 daily returns since the late-1920s are dominated by the Great Depression, 1987, the Great Financial Crisis and this month.
As the number of confirmed COVID-19 cases continues to skyrocket, healthcare researchers around the world are working to defeat the virus. The post Every Vaccine and Treatment in Development for COVID-19, So Far appeared first on Visual Capitalist.
The virus threatens to spread widely across Africa, where several countries have seen hundreds of positive tests, according to Johns Hopkins University.
International seat capacity has dropped by almost 80% from a year ago and half the world's airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from the coronavirus pandemic.
Alphabet Inc's Google on Thursday published reports for 131 countries showing whether visits to shops, parks and workplaces dropped in March, when many governments issued stay-at-home orders to rein the spread of the novel coronavirus.
The global economic and health crisis is causing consumer demand to fall and oil prices to decline, which is what one would expect. But this collapse is also taking place against the backdrop of an all-out price war between Russia and Saudi Arabia, leading to the lowest fossil fuel prices in nearly...
The global crisis caused by the coronavirus pandemic will be felt throughout oil's global supply chains and ripple into other parts of the energy sector, the International Energy Agency (IEA) said in a report on Wednesday.
According to John Sheehan, the recent selloff in Investment Grade fixed income was exacerbated by technical factors. In his view, regulatory changes implemented after the 2008 crisis removed a critical shock absorbing mechanism that caused spreads to spike.
China’s manufacturing activity recovered in March as workers returned to businesses, despite the expanding coronavirus outbreak overseas denting foreign demand, a Caixin-sponsored survey showed Wednesday, reported Caixin. The Caixin China General Manufacturing Purchasing Managers’ Index (PMI), which gives an independent snapshot of the country’s manufacturing sector, rebounded to 50.1 in March…
While electric vehicles are often touted as the climate-friendly green alternative to standard combustion engines, there are some people that question whether this is really the case, or if it is just a particularly egregious example of greenwashing. While the cars themselves do not emit any carbon dioxide or other greenhouse gases, the production of these cars, as well as the electricity they…
It may be the worst of times for shadow lenders. But for some, it could also be the best. Private debt – including direct lending, distressed debt and mezzanine financing
The last few weeks have been challenging for business the world over. People working from home and aggressive social distancing have led to business contraction and the expectation of rising default. On March 19, 2020, an S&P report expected that the U.S. trailing 12-month speculative-grade corporate default rate would rise to 10% within the next Read more [...]
Investor Alert: After making a 40 percent return in the space of three days, our Global Energy Alert subscribers have been advised not to buy more energy stocks this week. Learn how to read the markets today by taking advantage of your risk-free trial. Chart of the Week- The OVX index measures implied volatility of oil prices and is calculated by using movements in the prices of…
The Federal Reserve Bank of New York has set a number of central banking world records in recent weeks. Among them are buying the most bonds in one operation, buying the most bonds in a day, and buying the most bonds in a week. As many have noted, at this rate the New York Fed at the direction of...
A massive exodus of capital from emerging economies has left many in a Catch-22 position, where adopting the kinds of monetary and fiscal stimulus measures ...