Commentary

Record Unemployment Claims and Oil's Best Day Ever

A head-spinning 6.6 million Americans filed new claims for unemployment benefits this week bringing the two-week total to 10 million. That’s more than the combined populations of Los Angeles and Chicago.

Commentary

These U.S. Companies Have the Highest Debt-to-Equity Ratios Right Now

U.S. companies have never had so much debt on their books as they do now.

Commentary

Congress and the Fed Just Opened the Stimulus Floodgates

On Friday, Congress approved and President Trump signed into law a $2.2 trillion emergency stimulus package, the largest in U.S. history. Most American adults will be receiving a one-time payment of $1,200 in cash.

Commentary

America Will Come Out of This Stronger Than Ever. It's Done It Before

This week, residents of San Antonio, Texas, home to U.S. Global Investors, were ordered to work from home, with some exceptions. Like countless people in other parts of the country and world, our team has had to quickly and nimbly adapt to a new normal, and to be innovative in the face of new challenges.

Commentary

A $10 Trillion Response to the Global Pandemic

These extreme measures appear to be having great success, particularly in Asian countries. Whereas the number of cases continues to rise in Italy, Spain, Iran and elsewhere, the number has begun to stabilize, if not plateau, in Asian countries.

Commentary

Keep Calm, Bear Markets Are Temporary

That was President Donald Trump on Monday, responding to a question on whether the U.S. economy could be sliding into a recession.

Commentary

Should You Buy the Panic?

Compared to past viral outbreaks, COVID-19 appears to be less fatal, yet it has received far more media coverage. Paradoxically, that may be part of the reason why it’s had a much bigger impact on public health and the economy relative to those other diseases.

Commentary

Warren Buffett Bets Big on Airlines

Warren Buffett boosted his stake in Delta Air Lines by 976,000 shares last week, raising his total holdings to 17.9 million shares. This was enough to bring Buffett’s ownership of Delta up to more than 11 percent.

Commentary

Here's Why You Shouldn't Panic Over China's Factory Slowdown

Chinese manufacturing activity slumped to a record low in February as the coronavirus outbreak temporarily shuttered plants and factories and travel restrictions impacted the supply of labor.

Commentary

Looking for Buying Opportunities After the Historical Selloff

Commodities look oversold right now, meaning there could be some potentially attractive buying opportunities. Brent crude oil, the global benchmark, traded below $50 per barrel on Friday for the first time since July 2017, while copper remained mostly range-bound.

Commentary

Gold Set to Test $1,700 Resistance as U.S. Yields Fall to Record Lows

I don’t know about you, but I never thought I’d see the day when the yield on the 30-year Treasury bond dipped below 2 percent, let alone 1.8 percent.

Commentary

Investors Are Piling Into Safe Havens on Coronavirus Fears

Gold mining stocks have broken out, with several hitting new 52-week highs this week. Gold royalty and streaming companies, including Franco-Nevada and Wheaton Precious Metals, also hit fresh 52-week highs.

Commentary

Why We're Pivoting Into Renewable Energy

Bernard Looney, BP’s new chief executive, wants to cut his company’s greenhouse gas emissions down to zero by 2050. To do that, the world’s sixth-largest energy company is committing itself to massive investment in renewable energy, including wind, solar and biofuels.

Commentary

Where to Get Income in a Low-Yield World

So far in 2020, the yield on the 10-year Treasury has averaged 0.01 percent when adjusted for inflation. Since the end of January, it’s actually dipped below 0 percent, trading as low as negative 0.14 percent on January 31.

Commentary

Gold Projected to Beat the Market in 2020: CLSA

CLSA predicts that the price of gold will beat the S&P 500 in 2020. The Hong Kong investment firm has an impressive track record when it comes to making market predictions—last year it had a 70 percent hit rate—so it may be prudent to take this one seriously.