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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (5809)	6/30/2020 7:40:18 AM
From: elmatador	Read Replies (1) \| Respond to of 13800

“I’m going to get rid of the bulk of Trump’s $2 trillion tax cut,” Biden said, “and a lot of you may not like that but I’m going to close loopholes like capital gains and stepped up basis.” Biden tells donors: I’m going to get rid of most of Trump’s tax cuts ‘and a lot of you may not like that’ ... Biden, who has been largely avoided in-person campaign events throughout the coronavirus pandemic, said the recovery from the health crisis could present an “opportunity” to strengthen the middle class and make sweeping investments in clean energy and infrastructure. cnbc.com

To: robert b furman who wrote (5809)	7/10/2020 10:36:54 AM
From: elmatador	Read Replies (1) \| Respond to of 13800

Hi Bob ! In a little-noticed report, JPMorgan Chase warned in early March that the oil market could be on the cusp of a "supercycle" that sends Brent crude skyrocketing as high as $190 a barrel in 2025. Weeks later, the coronavirus pandemic set off an epic collapse in oil prices as demand imploded. And yet the bank is doubling down on its bullish view. Brent hit a two-decade low of $15.98 a barrel in April. US crude crashed below zero for the first time ever, bottoming at negative $40 a barrel. ... A huge amount of supply has been taken offline and the industry could have major trouble attracting future capital. ... So oil producers slashed supply. But now the pendulum in the boom-to-bust oil industry could swing too far in the opposite direction. edition.cnn.com