Your Daily Scan of the New Global Economy

Day

May 22, 2020
Trillions on Unemployment Alone [ED NOTE: Shane is out on vacation today but he didn’t leave you hanging. Today’s issue features content from guest editor and macroeconomic expert Graham Summers. And if you miss Shane all that much, the latest episode of the One Last Thing podcast just dropped. You can listen for free here...
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U.S. Stocks Close Little Changed On The Day But Sharply Higher For The Week Stocks showed a lack of direction over the course of the trading session on Friday before ending the day little changed. The major averages spent much of the day bouncing back and forth across the unchanged line before closing mixed. Posted:...
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Fastly Sees Lightning Growth Yesterday, we looked at a Daily Price Chart of Chipotle Mexican Grill, Inc., noting that the stock had been making a series of higher highs and higher lows. Today’s Chart of the Day is a Moving Average Convergence/ Divergence (MACD) Chart for Fastly, Inc. (NYSE: FSLY). Fastly, Inc. operates an edge...
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Via Sovereign Man Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on occasion, inspiring poetic justice. The United Nations takes a page from 1984 with a list of offensive words According to...
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Merkel and Macron Find the Strength for Europe France and Germany have once again banded together for the greater good in Europe. Their show of unity was long overdue. Posted: May 22, 2020 4:12 pm by SPIEGEL Online
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France and Germany Show the Way Forward in the COVID-19 Crisis For a time, it looked as though the crisis surrounding the coronavirus could deliver a fatal blow to the European Union. But on Monday, Paris and Berlin announced a new fund. There is still plenty of opposition to overcome. By DER SPIEGEL Staff Posted:...
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Coronavirus Cases Fall in Europe’s Capitals, but Fears Over Reopening Linger Although declines in the numbers of new infections and deaths have brought relief in Europe’s major cities, there is uncertainty about how much people can now relax. Posted: May 22, 2020 3:42 pm by NY Times
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Hearing Tuesday: EFF Urges California Lawmakers to Pass Fiber Broadband for All Bill To Ensure Full Internet Access For Everyone During the Pandemic and Beyond Over One Million Californians Lack Access to High-Speed Broadband Sacramento, California—On Tuesday, May 26, the Electronic Frontier Foundation (EFF) will ask California senators to approve a measure that will transition...
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EFF to Appeals Court: Reverse Legal Gotchas on Ordinary Internet Activities In the Internet age, copyright decisions can have enormous consequences for all kinds of activities, because almost everything we do on the Internet involves making copies. And when courts make a mistake, they may create all sorts of unexpected legal risks. As we explained...
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U.S. Stocks Seeing Modest Weakness Amid Cautious Trading Stocks are turning in a relatively lackluster performance during trading on Friday after ending the previous session mostly lower. The major averages have all dipped into negative territory, although selling pressure has remained subdued. Posted: May 22, 2020 2:44 pm
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