NewsWatch: Here’s what’s behind the ‘perfect storm’ sending silver prices surging

This post was originally published on this site


“It seems the precious metal has been caught up in the perfect storm,” says Jeroen Blokland, senior portfolio manager at Robeco Asset Management. See full story.

China says its consulate in Houston has been ordered shut

China on Wednesday said its Consulate General in Houston was ordered shut, in a move showing the latest escalation in U.S.-Chinese tensions. See full story.

Trump says coronavirus pandemic will ‘probably, unfortunately’ get worse before it gets better

President Donald Trump said Tuesday the coronavirus pandemic would probably worsen before improving, but said getting a vaccine is a “top priority” and “we’re going to get it taken care of.” See full story.

Tech has been a pandemic savior for the market and has been richly rewarded. So what happens now?

Earnings are expected to stand strong after COVID-19 turned the world into what the tech industry had prepped for, but that doesn’t mean the future is bright for all tech companies. See full story.

Coca-Cola plans to cut ‘zombie brands’ from its portfolio

Coca-Cola is cutting brands that aren’t at the core of its business, with Odwalla already coming to an end. See full story.


So-called Fed Accounts, created at no charge for every American by the Federal Reserve, would provide an alternative to financial services that prey on the unbanked and the underbanked populations. See full story.