Recap June 28: Tesla Horrible Quality – Worst Economic Crisis since Great Depression (Recap Ep077)

This week’s recap found two key factors: the markets were affected by fears of a second outbreak of coronavirus in the US and major economic powers, and global monetary stimulus to boost the economy. Global stocks move higher in uneven trading on Thursday, as investors calculated the potential economic impact of a surge in U.S. coronavirus cases versus the loosening restrictions on the U.S. banking sector, while safer assets, including U.S. Treasuries & the dollar, oil & precious metals edged higher. The [...]