Following yesterday's pimping of Gilead Science's antiviral drug remdesivir on scant and suspect results, it's hard not to start asking the question: Are we being played? We've argued in several past videos that there is ample enough evidence that hydroxychloroquine shows enough promise in reducing/treating covid-19 that further research is merited. Instead, the drug is being demonized in the medi...Read More

Topics:Final trading day in April will go into the record books.Markets ignoring more bad economic data.Jerome Powell flashes the green light to buy gold.US considers suing China and defaulting on debt.Money supply surges by a third of a trillion dollars in a week.Major housing real estate disaster before us.Peter Schiff is an internationally recognized economist specializing in the foreign equity...Read More

***This interview originally aired live on Hedgeye.com on April 15, 2020***Danielle DiMartino Booth spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal Reserve is Bad...Read More

David Stockman appears on "Spicer & Company" (NewsmaxTV, April 29, 2020)David Stockman is a former Republican congressman from Michigan and was President Reagan's budget director from 1981 to 1985. After leaving the White House, Stockman became a managing director at Salomon Brothers, and he later founded a private equity fund. David is the founder of David Stockman's Contra Corner, and he is the...Read More

"I understand the market has been up a lot since the March low. But what I see in the market is a retracement rally that looks very similar to the first type of rallies that you get in protracted bear markets." Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumb...Read More

Richard is in Thailand where the virus never took hold despite the fact that thousands of Chinese visited prior to the outbreak. Assuming the virus doesn't return, we'll be viewing this as one of the great economic experiments in history. In the US, credit growth has been the great driver of economic expansion. When credit growth slowed or ended, we saw recessions take hold. During 2008-09 credit...Read More

TOPICS IN THIS INTERVIEW:Economic grind continues, market reaction.Analyzing the unthinkable in the oil markets.The manipulation will break towards the upside for metals.Mining stock analysis.Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated from Oberlin College with majors in Economics and Eng...Read More

As we witness the epic collision between deflationary plunges in stock markets and oil vs. unbridled currency dilution by central banks, many long-time earners and savers are filled with dread or confusion about where these forces will leave our our income, our nest-eggs, and our futures.Rick Rule, CEO of Sprott Asset Management, returns to Liberty and Finance / Reluctant Preppers to answer viewer...Read More

David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people find their own trading style.Read More

Will this recession be worse than 2008?Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when...Read More

Nouriel Roubini, professor at New York University, discusses central banks' policy response to the coronavirus pandemic, his concerns about global inflationary pressure, and what he sees as a lack of global leadership from the United States.*please give the video a moment to loadNouriel Roubini, a professor at NYU's Stern School of Business and Chairman of Roubini Global Economics, was Senior Econ...Read More

Most parents want their kids to go to school, get good grades, and find a safe, secure job. In reality, that is some of the worst advice we can give our kids. Why? The answer is found in taxes and debt.For people who earn their income from the Employee (E) and Self-Employed (S) quadrants, there are virtually no tax breaks. Thus, those on the left side of the CASHFLOW (R) Quadrant pay the most in t...Read More

Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieute...Read More

Wholesale American beef prices jumped 6% to a record high of $330.82 per 100 pounds, a 62% increase from the lows in February, according to Bloomberg, citing new USDA data.Continue...Read More

"Given the risk of a prolonged period of economic uncertainty, weaker commodity prices, higher volatility and uncertain demand outlook, the Board believes that maintaining the current level of shareholder distributions is not prudent."Continue...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Oversupply to persist in North America as demand slumpsPrices for welded oil country tubular goods (OCTG) and linepipe weakened further in April nearing historical lows, and there may be room for further pipe price retreat through the second quarter. Supply of ERW OCTG and line pipe is expected to continue to outpace demand f...Read More

Latin American steel group Ternium expects the Mexican automotive industry to "gradually" restart operations in May, chief executive officer M??ximo Vedoya said on Wednesday April 29.Automakers in Mexico have stopped operations since late March because of the spread of Covid-19. "The automotive industry's value chain in US and Mexico is highly integrated and it demands synchronized production in b...Read More

A summary of US-based electric vehicle (EV) manufacturer Tesla's financial results for the first quarter of 2020.In brief Total revenues up by 32% year-on-year, which represents the best-ever first quarter for the company, in terms of both production and deliveries, despite a seasonally slower first quarter and the effect of lower EV deliveries by the end of March due to the global spread of Covid...Read More

Brazil's Vale expects the price premium for high-grade iron ore fines to decrease in the second quarter compared with those in the first, with production in China resuming.Brazilian 65% Fe iron ore has been fetching around $20 per tonne more than reference prices for 62% Fe material. This difference is mainly due to supply issues, which reduced inventories in China, the mining major's executive di...Read More

Here are five Fastmarkets stories you might have missed on Thursday April 30 that are worth another look.Indian steel mills are unlikely to cut domestic hot rolled coil prices for sales in May, private mill sources in the country told Fastmarkets this week.ABN AMRO Bank has filed a claim against China's largest private copper smelter Dongying Fangyuan, according to a court document seen by Fastmar...Read More