Tesla stock skyrocketed yet again after the company's Q2 deliveries smashed consensus estimates. Tesla said it delivered 90,650 vehicles during the second quarter, representing a 28.9% beat over the consensus Q2 deliveries number of 70,328.
COVID-19 commonly known as Corona Virus has been a black swan for businesses and companies all around the world. 2020 has been a great shock for investors as they did not expect a pandemic like this which will disrupt the world economy just in a matter of weeks. Even now the investors could not mark what their future will look like and it is causing extreme fear.
Money is at the core of every economic activity in the world. Governments need cash to run daily activities. Authorities usually raise funds either by capital gain or revenue gains, i.e. by selling goods and services or taking out loans. Nations usually hesitate to acquire loans as countries have to pay interest etc. And only apply for the loan for a longer period. Thus, most of the Govt. Tries to use funds from revenue gains, but in the current coronavirus crisis, authorities are not having an adequate amount of reserves, thus nations are now turning their attention to their foreign exchange reserves to counter its requirement.
Wall Street Support, Main Street Lock-Down
: Fair Enough?
Corona Virus pandemic has cause stock market volatility in the past month to sky rocket. Many day trades are pulling all funds out of the market until markets recover from the pandemic. With all the reports most believe the crisis is going to get worst before it became's better. With the Market slump similar to the 2008,1987, and even 1929 crashes
And panic was unleashed after the World Health Organization (WHO) declared Covid-19 a pandemic, adding to the disappointment generated by the few details of Donald Trump's plan to deal with the economic impact of the disease.
“A Cradle of Humankind” - that’s the name the world gave Africa when the archaeological discoveries made it clear that the first people to walk the Earth were, in fact, Africans. And the world starts to appreciate the value of this continent to some extent.
While nearly every adult in the U.S. has a credit score, people’s understanding of them vary greatly. Some are diligent about maintaining stellar credit, reviewing reports, and avoiding temptations that can ding their credit. Others know that they have a credit score but have no idea where they fall on the scale, or what to do about it. The fact of the matter is that a good credit score opens many doors for you and your family. A bad one, on the other hand, may force you to struggle to get things you want or even need. We’ll look at how your score is assessed, what that means, and what to do about it.
Dr. Yaron Brook brings his expertise in parsing through newspapers to his show. He claims that the best paper, The Wall Street Journal, still has errors, flubs, and outright “nonsense.” He disagrees with economists like Thomas Sowell who contends that economics is about “scarcity” but still holds him in esteem. Dr. Brook challenges the scarcity notion. He says that economics is about production and trade. He finds that we live in abundance. He offers the example of how you can take “gunky stuff” like oil and make it into something that can be made into a human value to be consumed. Epistemology (respect for facts, reality, and the mind) and ethics (defining a proper code of morality) ought to drive economics to the good doctor.
What Dr. Brook gets right (amongst a whole host of other topics) is economics. It’s his strong suit. He swings open the door to the show by redressing a commenter about the fallacy of how the standard of living has gone down in recent decades. He holds that an individual can do “fantastically well” today as opposed to the 1950s. Dr. Brook admonishes a YouTube commenter for not displaying sufficient grammar and spelling skills. He asks how someone determines their wages in the marketplace of worth. The good doctor concedes that while we’re in a good place across the world, things can be much better.
You have probably heard the word “economy” discussed in the news. It sounds important, but what does that mean and how does it relate to you and your investments?
Globally, Corporate funds peaked in 2017, and have been the center of growth for more than a decade. US non-financial companies expected tax laws that will allow them to recover offshore cash without legal action, brought their total liquid assets to a record $2.1 trillion by the end of 2017. Other non-financial companies in Europe, The Middle East and Africa recorded one trillion in corporate funds for the second year in a row, although net spending on mergers and acquisitions nearly tripled in 2017 to a seven-year high of $96 billion.