US Hits Another 5.2M Jobless Claims
This morning the Department of Labor announced the Initial Jobless Claims for the week ended April 11th, the seasonally adjusted
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Author: Small Cap Steve
IMF Report: Worst Global Down Turn Since the Great Depression
In piece that appeared on the International Monetary Fund’s website yesterday, the IMF indicated their upcoming outlook report will state
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US Posts Another 6M Jobless Claims Week
This morning the Department of Labour announced another 6.6M Americans have filed for jobless claims in the week ending April
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Goldman Sachs Sees High Yield Debt Default Rate Soaring to 13%; Fed to Buy upto $1.2T of Corporate Debt
In a note to clients, Goldman Sachs said their baseline scenario for high-yield debt sees the 12-month trailing default rate
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Hyperinflation: Remember, GDP = Money Supply x Velocity
When trying to wrap my head around economics, I like to simplify basic principles down their nuts and bolts. A
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A Look into the Future? Italy’s Services Sector Grinds to A Halt
Not surprisingly the COVID-19 pandemic hit the Italian services sector during March with the largest business activity contraction since the
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Snapshot in Charts: An Economic Collapse?
Hey Now! As a little Friday activity I thought I would go though some of the charts illustrating where the
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Canada Sees 500,000 Mortgage Deferral Requests; 10% of Big Bank Mortgages
This morning the Canadian Bankers Association announced there has been 500,000 requests for mortgage deferrals completed since Canada’s banks announced
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Almost Half of Canadians Said They Were Insolvent BEFORE The Shutdown
In a survey completed by MNP on March 5th 2020, they found 29% of Canadians say they are insolvent with
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Foreign Countries Are Dumping Treasuries at a Rate so Fast the US Had Set up a Foreign Repo Market
In a statement on Tuesday, the Federal Reserve bank the establishment of a temporary Repo Facility to help support the
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