Investment Watch Blog

By Nick Cunningham G20 countries are set to send their oil minister for an emergency meeting on Friday, a sign that there is a chance that OPEC and Russia can pull in other oil-producing countries into a global production cut.  Sentiment around the odds of a massive production cut deal have seemingly gyrated just as much … Read more

by informedamerican A well-regarded University of Washington model shows that the number of deaths in New York City should peak around April 11, and deaths should peak across the nation around April 16. It looks like Italy, the worst hit spot in Europe so far, has already turned the corner. Italy reported its lowest daily death toll related … Read more

According to Google, 99% of Duo calls have to deal with jumbled or lost packets. A tenth of those calls lose more than 8% of their audio. Generating speech: To fix the problem, the team built on a neural network developed by DeepMind that can generate realistic speech from text. Called WaveNetEQ, the new neural network … Read more

by informedamerican Oil prices rallied the most in history last week, but the 40%-plus gains only lifted prices from just under $20 to near $30.  That’s not going to make anyone in Texas or North Dakota feel better.  U.S. shale producers need oil prices over $50 to be comfortable, and even at that level they don’t … Read more

by informedamerican Most Western nations are locked up tight as drums during the coronavirus scare, but several Nordic countries are charting a different course.  Sweden took the rational approach, asking those at risk to remain under self-quarantine and for the rest of the population to pay attention to social distancing.  They figured the virus would spread … Read more

Rumors of a food shortage have swirled on social media for weeks, in the wake of the coronavirus lockdown that stopped tens of millions of people from going to work, and a leaked government document made public on Thursday shows that government officials have also been planning for a shortfall in food supplies. … The … Read more

By Irina Slav Russia may be willing to reduce its oil production by as much as 1 million bpd, or a little under 10 percent of its March average but only if the United States joins the cuts, Bloomberg has reported citing sources it said were familiar with the dominant sentiment in the industry. The report comes … Read more

by Mac-Bomaco Here are the headlines (in-order) from MarketWatch.com this morning: Barron’s on MarketWatch: Economic damage can’t be reversed, and stocks will resume decline, says stratigist Jim Rogers: Worst is yet to come for U.S. markets Last month Bill Ackman said ‘hell is coming.’ Now he’s ‘optimistic.’ Market bottom or ‘very tough times ahead’? Here’s what one chart watcher is … Read more

by beerdlaw Sorry guys/gals, this is just a post to vent. Playing by the rules and relying on politicians apparently never pays off. I run a solo law firm which has been effectively shut down for almost 4 weeks now and while I have been operating for a couple years with modest success, my business … Read more

The CEO and Chairman are having shares called in. “Following the occurrence of a default by Haode Investment Inc. (the “Borrower”), a shareholder of Luckin Coffee Inc. (the “Company”) (NASDAQ: LK), under a US$ 518 million margin loan facility (the “Facility”), a syndicate of lenders, as secured parties under the Facility (the “Lenders”), has instructed … Read more

Behind The Scenes At The $2 Trillion 'Coronavirus' Bailout – with Rep. Thomas Massie — today on the Liberty Report:https://t.co/0trrRpqjvh — Ron Paul (@RonPaul) April 6, 2020

Paypal seeing an opportunity in a crisis, one of wanting to manage the US Governments distribution of $1200 Coronavirus stimulus payments to every adult American who earns under $75,000 per year and $500 for each child and thus have started a campaign of buttering up the public and politicians in allowing PAYPAL access to YOUR … Read more

Amazon faces another NYC warehouse strike as dozens of workers have coronavirus Amazon’s Staten Island warehouse on Monday was hit with its second labor protest since the coronavirus outbreak began. Some 50 workers gathered outside the Bloomfield distribution center, called JFK8, to protest the company’s handling of the virus amid complaints that 25 people there … Read more

By Tsvetana Paraskova Saudi Arabia and Russia are “very, very close” to reaching an agreement on how to react to the low oil prices, Kirill Dmitriev, chief executive at Russia’s sovereign wealth fund, the Russian Direct Investment Fund (RDIF), told CNBC on Monday. “I think the whole market understands that this deal is important and it will bring … Read more