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Author: Jami Anson
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U.S. RECOVERY STRONGER THAN EUROPE’S OR JAPAN’S
IHS Markit’s U.S. Purchasing Managers Index (PMI) rose from 50.3 in July to 54.7 in August, indicating a continued rise in activity in manufacturing and services as more businesses reopen and more consumers make purchases delayed by the shutdown. Numbers above 50 signal expansion. Also in August, the data firm’s Manufacturing Output Index bumped up...
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BAYER TO PAY $9.6 BILLION TO SETTLE U.S. ROUNDUP SUITS
Bayer AG, the German company that owns the Roundup brand of glyphosate weed killer, will pay $9.6 billion to settle about 95,000 U.S. lawsuits alleging that the herbicide causes non-Hodgkins lymphoma, a form of cancer. Roundup was developed by American chemical giant Monsanto, which Bayer bought for $63 billion in 2018. An additional 30,000 Roundup-related...
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GOLD GLOWS AS FORECAST
Today, gold closed at $1,781 an ounce. As per our months’ long forecast, should gold continue to trade in this range for several more days, we forecast it will move above $2,000 per ounce… and silver will follow. What we have been long forecasting has finally hit the mainstream mindset as evidenced by the Bank...
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RESTAURANTS NAVIGATE THICKETS OF REGULATIONS TO REOPEN
As they reopen dining rooms, restaurants face costs, rules, and changes that may make being open as expensive as staying closed. Eateries are putting up Plexiglass partitions between tables. Many are budgeting hundreds of dollars a week to buy masks for staff and customers and extra cleaning supplies; others are having to add staff to...
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THE DAVID KNIGHT SHOW (6.11.20)
CLICK THE GRAPHIC TO VIEW THE VIDEO. Interview with Gerald begins at the 22:04 mark.
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THE DAVID KNIGHT SHOW (5.21.20)
CLICK GRAPHIC TO VIEW VIDEO. Interview with Gerald begins at the 24:30 mark.
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IRAN: TRUMP VETOES WAR POWERS RESOLUTION
On 13 February, the U.S. Senate voted in favor of a War Powers Resolution that would require President Trump to get congressional approval before taking any further military action against Iran. The official language called for “the President to terminate the use of United States Armed Forces for hostilities against the Islamic Republic of Iran or...
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HONG KONG: ANTI-GOVERNMENT PROTESTS BACK AGAIN
Last Sunday afternoon, demonstrators were chased by police through a number of shopping malls as protests started heating up, reconfirming the anger of citizens demanding independence from mainland Chinese authority and the resignation of Carrie Lam, the current chief executive of the city. After a period of quiet due to stay-at-home orders to slow the...
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