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Monday, October 26, 2020
fiat-shares-tumble-after-gm-files-racketeering-lawsuit-alleging-“millions-in-bribes”-to-corrupt-uaw

Fiat Shares Tumble After GM Files Racketeering Lawsuit Alleging “Millions In Bribes” To Corrupt...

"Bribery" and "quid pro quo" are certainly the buzzwords of the fall, as first the President, and now Fiat Chrysler, have found out the hard way. In the latest stunning twist gripping the troubled auto sector, moments ago General Motors filed a federal racketeering lawsuit against Fiat Chrysler and its former executives including its now…
stocks,-yuan-tumble-on-reports-that-‘phase-one’-trade-deal-delayed

Stocks, Yuan Tumble On Reports That ‘Phase One’ Trade-Deal Delayed

A Saturday call between Mnuchin, Lighthizer and China’s Vice Premier Liu He was described as “constructive” by Chinese state media Xinhua, but that all changed this week. This should come as a surprise to absolutely no one (especially after last night's vote on the Democracy Bill), but Reuters is reporting that 'Phase One' US/China trade…
as-bonds-tumble,-treasury-sells-30y-paper-in-dismal-auction-with-lowest-ever-dealer-takedown

As Bonds Tumble, Treasury Sells 30Y Paper In Dismal Auction With Lowest Ever Dealer...

After two impressive coupon auctions, when both the 3 and 10 year auctions stopped through the When Issued, moments ago the Treasury concluded the last coupon auction for the week, when it sold $19 billion in 30Y paper in what was a decidedly weaker market. Whether it was due to the sharp selloff in rates…
stocks,-yuan-tumble-on-us-china-trade-headlines

Stocks, Yuan Tumble On US-China Trade Headlines

Update Oct. 29, 2019, 1:20 pm est.: The Trump administration, all in the attempt to calm fears from prior headlines indicating that a trade deal might not be signed at APEC, has published a new headline indicating they're "working to finalize" text of the "Phase 1" trade deal for signing in Chile.  S&P500 completed a V-shape recovery after…
the-decline-&-tumble-of-britain’s-labour-birthday-party

The Decline & Tumble Of Britain’s Labour Birthday party

Brexit has turned British politics upside down, with the consistent failure of the Conservative and Labour parties to deliver or effectively oppose the country's exit from the EU fuelling a voter exodus, exemplified today with the latest voting intention poll putting Corbyn's party in fourth place for the first time in its history. Statista's Martin…
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