News Archives

: Category: News Archives; Created: 07 April 2020; Hits: 474

President Donald Trump gives an update on CARES Act for small business relief amid the coronavirus outbreak. Following the roll-out of the $2 trillion economic stimulus plan in response to the outbreak, Senate Majority Leader Mitch McConnell said Tuesday that he hopes to approve further funding for the small business loan program within the next few days.

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: Category: News Archives; Created: 07 April 2020; Hits: 448

The Federal Reserve and the ECB have decided to implement unlimited monetisation of the fiscal deficits that governments are running up in 2020 in response to the coronavirus crisis.

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: Category: News Archives; Created: 07 April 2020; Hits: 507

April 07, 20 by John Jeffay

(IDEX Online) - Credit ratings on 70,000 jewelry firms will take account of the impact of coronavirus, says the Jewelers' Board of Trade.

The non-profit organization says its reports will now include a business's rating as it stood before the Covid-19 crisis, for the sake of transparency.

"If a firm was highly rated prior to the crisis, that will be visible to the JBT member," said the board's president Erich Jacobs in a statement.

"By the same token, if the firm had a low rating prior to the crisis, that will also be visible."

He said the move came after two weeks of heated discussions over what was the fairest methodology.

"As part of that strategy, we are asking our members to continue to submit their data as they have before the crisis without modification," he said.

"We will also be asking our members to highlight if any special terms or extensions were granted so that our aggregated data isn't unintentionally skewed by unanticipated member credit modifications."...

Read more from our friends at IDEX

: Category: News Archives; Created: 06 April 2020; Hits: 488

Is the cure for our economic woes actually turning out to be worse than the disease itself? Join Mike Maloney as he examines a very important article that reveals some of the ‘behind-the-curtain’ action at the Federal Reserve. Today’s ‘Chart of the Day’ is a must-see, especially if you are already a gold investor. Thanks for joining.

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: Category: News Archives; Created: 06 April 2020; Hits: 495

The recent rallies in the markets could be a 'bear-market trap' says chief market strategist from Miller Tabak.

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Diamond News Archives

Trump: Update on Cares Act for Small Business Relief Amid Coronavirus

Massive Monetary Financing of Fiscal Deficits: Natixis

JBT Credit Ratings will Reflect Impact of Coronavirus

Is the Covid-19 Cure Worse Than the Disease?

Recent Rally Could Be a 'Bear Market Trap:' Miller Tabak Strategist