Stocks & Equities

Stocks surged on Wall Street in early trading Tuesday

Posted by https://www.thecanadianpress.com/

on Tuesday, 26 May 2020 7:09

Stocks surged on Wall Street in early trading Tuesday, driving the S&P 500 to its highest level in nearly three months, as hopes for economic recovery overshadow worries about the coronavirus pandemic.

The S&P 500 was up 1.8% to 3,007 points. It’s the first time the benchmark index has been above the 3,000-point mark since March 5, before the widespread business shutdowns aimed at slowing the spread of the outbreak sent the U.S. economy into a sharp skid.

The Dow Jones Industrial Average was up 558 points, or 2.3%, to 25,025. It’s the first time the Dow is above 25,000 points since March 10. The Nasdaq rose 1.3% and the Russell 2000 index of small companies gained 3.7%. Financials, technology and industrial stocks powered much of the early gains. Click here for full story

Big Fat Idea – Too Soon for Real Estate?

Posted by MoneyTalks Editor

on Monday, 25 May 2020 12:45


Justin Smith of Hawkeye Wealth joined Michael on the weekend to discuss the state of the real estate market in the CoronaCrisis? What is he recommending for his investors? Are there deals to had yet? What sectors is he watching?

Significant Stimulus Needed to Rebuild Economy, Poloz Says

Posted by Theophilos Argitis and Shelly Hagan

on Monday, 25 May 2020 12:25

Bank of Canada Governor Stephen Poloz, in his final speech before stepping down next week, said the deflationary risks associated with the pandemic and lockdowns are more concerning than the potential build up of inflationary pressures and vulnerabilities due to the extraordinary measures taken by policy makers.

“Although a minority of observers worry that these extreme policies will create inflation someday, our dominant concern was with the downside risk and the possibility that deflation could emerge,” Poloz said, according to remarks prepared for a speech to the University of Alberta…… click here for the complete article

Russia Bans All Oil Product Imports To Protect Its Refining Industry

Posted by Tsvetana Paraskova

on Monday, 25 May 2020 12:23

Russia is banning imports of refined oil products, including gasoline, diesel, and jet fuel, to protect its refining industry from cheap imports, according to a decree published on Russia’s government portal on Monday.

The ban will be in effect until October 1, and includes a ban on imports of gasoline, diesel, jet fuel, and gasoil, to ensure the energy security of the Russian federation and stabilize the domestic fuel market, the government says in the decree.

Russia has been considering this measure since early April, after oil prices crashed and led to much cheaper refined oil products outside Russia. In Russia, however, the price of fuels didn’t change much because of the nature of its regulations, Russian outlet RBC reported last month.

In addition, fuel demand in Russia has plummeted because of the self-isolation and lockdowns to curb the spread of the coronavirus pandemic in the country, which reported this weekend its highest daily death toll so far…CLICK for complete article

Evolving Today, Strategizing for Tomorrow – A Webinar Invitation

Posted by MoneyTalks Editor

on Friday, 22 May 2020 14:26

Looking to gain clarity on the current environment and its implications for the real estate market? Join Justin Smith of Hawkeye Wealth on Wednesday May 27th @ 11am. They have spent many hours analyzing data, perspectives, and strategies from some of the best minds in real estate to help us all make better investment decisions.

Registration is limited. Reserve your access today – CLICK HERE

Specifically, this webinar covers:

1. The State of the Nation
What’s the damage to the economy? How are various assets in commercial real estate performing? We will focus on Multifamily and Industrial. What’s the data for rent-collection rates?

2. How is industry adapting?
What are some best practices we’ve seen out there? How much of a difference is superior management making in terms of property performance?

3. What might the future look like?
What trends might emerge or accelerate due to Covid-19? How might they uniquely impact various property types?

4. Based on that future, what are Hawkeye’s plans for their investors?
Where do they potentially see the greatest opportunity for investors? What do they need to see before recommending a deal in today’s environment?