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7 Ways To Beat The Market: Value Update For 2H20 (NYSEARCA:RPV)

In my ongoing series on “7 Ways to Beat the Market”, I have suggested that Value – along with size, low volatility, dividend growth, equal-weighting, quality, and momentum – are simple and easy-to-implement factor tilts or alternative weighting schema that can boost performance. By tilting allocations away from the traditional capitalization weights that own more...

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Gilead to deliver more remdesivir to Europe from autumn: WiWo

FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen after they announced a Phase 3 Trial of the investigational antiviral drug Remdesivir in patients with severe coronavirus disease (COVID-19), during the outbreak of the coronavirus disease (COVID-19), in Oceanside, California, U.S., April 29, 2020. REUTERS/Mike Blake -/File Photo BERLIN (Reuters) – Gilead Sciences Inc (GILD.O)...

Stocks Slide: US Finalizing Federal Contract Ban For Companies Using Huawei, Other Chinese Tech Giants
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Stocks Slide: US Finalizing Federal Contract Ban For Companies Using Huawei, Other Chinese Tech Giants

Another day, another escalation in US-China trade, tech, diplomatic, financial – you name it – relations, and this time stocks noticed. Moments ago, Reuters reported that in its latest crackdown on Chinese reverse-engineering tech giants, the Trump administration plans to finalize regulations this week that will bar the U.S. government from buying goods or services...

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The humbling of the Anglo-American world

It takes effort to recapture how Ronald Reagan and Margaret Thatcher in the 1980s hastened the demise of the Soviet Union. Images of that triumphal moment are as fresh as yesterday. The atmospherics smell of another era. Yet it is worth the effort. America and Britain’s poor responses to Covid-19 can be traced partly to...

Empty Manhattan apartments reach record levels, landlords slash rent
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Empty Manhattan apartments reach record levels, landlords slash rent

A Chelsea Tower rental apartments billboard. Jeff Greenberg | Getty Images The number of apartments listed for rent in Manhattan reached record levels in June, as brokers remained unable to host showings amid the coronavirus pandemic and more renters left the city, according to a new report. There were more than 10,000 apartments listed on...

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US weekly jobless claims of 1.3m show gradual improvement

The pace of US applications for unemployment benefits slowly retreated again last week, with new claims totalling 1.31m as businesses continue to grapple with the fallout from the spread of coronavirus. Jobless claims edged down from the revised 1.41m reported during the week before, according to the US labour department. It was the 14th consecutive...

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China-ASEAN expo postponed due to COVID-19

The senior officials’ meeting for the 17th China-ASEAN Expo and working meeting on investment cooperation was held on July 9, 2020 in Nanning, capital city of South China’s Guangxi Zhuang autonomous region. [Photo provided to chinadaily.com.cn] The 17th China-ASEAN Expo is postponed and will be rescheduled due to the COVID-19 pandemic, according to those at...

$1,800 Gold!
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$1,800 Gold!

Via Peter Schiff July 9, 2020  by SchiffGold  0   0 Gold has pierced another significant level, pushing above $1,800 an ounce on Wednesday. That’s the highest spot price for gold since 2011. Breaking through $1,800 was a significant move for the yellow metal, but during his podcast earlier this week – before gold breached that level – Peter...

WARNING: The Reality Deniers Are Starting to Infiltrate Economics
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WARNING: The Reality Deniers Are Starting to Infiltrate Economics

Via Economic Policy Journal By Jeff Deist The intense pressure to politicize every aspect of academia will not spare economics, and why would it? A society willing to topple statues is hardly one to worry about pulling down a body of knowledge, especially one skillfully characterized by the Left as a political program rather than an...

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Silver Prices To Catapult Behind Gold Prices

Introduction The bull phase in the precious metals sector is now underway and it is apparent that silver prices have lagged behind gold prices for some time. Gold has hit all-time highs in most currencies except the US dollar where it still needs to gain another $100/Oz or so to reach the previous high of...

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European shares rise on SAP’s upbeat outlook, China rally

(Reuters) – European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit and China’s stock markets extended a rally, supporting risk sentiment in the continent. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 6, 2020....

Almost 50 Million Americans Have Now Filed For First-Time Jobless Benefits Since Lockdowns Began
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Almost 50 Million Americans Have Now Filed For First-Time Jobless Benefits Since Lockdowns Began

Despite the hope-restoring nonfarm payrolls “recovery” and the over-hyped bounce in retail sales (ignoring the lack of ‘V’ in industrial production) and ‘soft’ sentiment surveys (which are biased by their nature as diffusion indices to bounce back hard), for the sixteenth week in a row, over 1 million Americans filed for unemployment benefits for the...

Barr Should Transfer Ghislaine Maxwell To Rikers For Her Safety: Former Prison Official
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Barr Should Transfer Ghislaine Maxwell To Rikers For Her Safety: Former Prison Official

Attorney General Bill Barr should transfer Jeffrey Epstein’s alleged ‘madam’ to Rikers Island while her case plays out, as the Metropolitan Detention Center (MDC) in Brooklyn is ill-equipped to handle the high-profile inmate. “I don’t think the feds can handle these prisoners, such high-profile prisoners like Maxwell or Epstein,” former NYC Department of Corrections Deputy...

Walgreens, Square, Carnival, Six Flags
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Walgreens, Square, Carnival, Six Flags

Check out the companies making headlines before the bell Thursday: Walgreens Boots Alliance (WBA) — The pharmacy operator fell more than 3% in the premarket on weaker-than-expected results for its fiscal third quarter. Walgreens reported earnings per share of 83 cents, well below a FactSet estimate of $1.19 per share. The company’s fiscal-year earnings guidance...

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Pharma industry commits $1bn to fight drug-resistant superbugs

Twenty-three drug companies have joined forces to invest $1bn in a fund to develop new antibiotics, which are needed urgently to fight the worldwide rise in antimicrobial-resistant superbugs. The AMR Action Fund, launched on Thursday, aims to support clinical research that will bring two to four new antibiotics to market by 2030. They will target...

S&P Futures Flat As China’s Bubblemania Storms Higher For 8th Day
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S&P Futures Flat As China’s Bubblemania Storms Higher For 8th Day

S&P futures were flat on Thursday, rebounded from an earlier dip in a low-volume session ahead of the closely watched weekly jobless claims report, with investors weighing the risk of another business shutdown amid soaring U.S. COVID-19 cases. Despite the muted overnight session, the S&P 500 has now risen more than 40% from its March...

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Alstom offers French factory sale to clinch Bombardier deal

FILE PHOTO: A logo of Alstom is seen at the Alstom’s plant in Semeac near Tarbes, France, February 15, 2019. REUTERS/Regis Duvignau/File Photo PARIS (Reuters) – France’s TGV high-speed train maker Alstom (ALSO.PA) on Thursday offered to sell a French rail factory and make other concessions to win European Commission approval for its planned purchase...