Year: 2020

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The Indian government has warned Amazon.com’s local unit and Walmart’s Flipkart that sellers on their platforms are not complying with a rule requiring that a product’s country of origin be specified. A push for strict enforcement of the rule has come amid tensions between India and China following a border skirmish which began in June, and is part of India’s efforts to cut down on Chinese-made imports. Representatives for Amazon and Flipkart did not immediately respond to Reuters requests seeking comment outside regular business hours. …read more […]

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At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). We reversed our stance on March 25th after seeing unprecedented fiscal and monetary stimulus unleashed by the Fed and the Congress. […] …read more […]

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It’s a bearish start to the day for Bitcoin and the broader market. A Bitcoin move back through to $11,500 levels should provide support. …read more […]

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Apple’s hotly anticipated iPhone 12 launch hogged Tuesday’s technology headlines, but for Canaccord analyst Michael Walkley, the launch acts as confirmation of the bull thesis for chipmaker Qualcomm (QCOM).With all four new models boasting 5G capabilities, it is Qualcomm, Walkley says, that stands to benefit from the new “long-term 5G investment cycle.”“We anticipate strong earnings in F2021 and beyond as 5G smartphones ramp, the mix of 5G growth benefitting Qualcomm with 50% greater content than a 4G smartphone, Apple re-enters the model for QCT shipments, and Huawei returns to the model for licensing payments,” the 5-star analyst said.Qualcomm has already …read more […]

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On Tuesday, vaccine specialist Vaxart (VXRT) announced it has dosed the first subject in the Phase 1 study of VXA-CoV2-1, the company’s oral, room-temperature stable COVID-19 vaccine candidate.After the vaccine impressed in preclinical models, it is a timely announcement from Vaxart. While the small biotech is significantly behind other, mostly bigger competitors in its Covid-19 vaccine program, as recent events have shown, bringing to market a viable solution is far from hassle free.Earlier this week, Johnson & Johnson halted its Covid-19 vaccine candidate’s Phase 3 study due to a participant’s unexplained illness. That event was swiftly followed by Eli Lily …read more […]

The ongoing COVID-19 pandemic pushed us into an economic recession in the first half of this year, but in odd ways, the downturn was artificial. The economy had been booming prior to the health crisis, and many of the factors that caused the boom are still in play – a general tax cut, and the deregulation policy of the Trump Administration.But a decent governmental attitude toward business is not the only factor giving a lift to the economy. A combination of a generous stimulus package and extended benefits put in place earlier this year, along with pent-up demand from the …read more […]

Without question, COVID-19 has fundamentally changed our day-to-day lives.
Everywhere we look, we’re reminded of the “new normal.”
Water fountains have been replaced with hand-sanitizing stations…
Retailers like Old Navy and Anthropologie have started to sell their own lines of “fashion” face masks…
There are even some medical professionals who believe that the handshake may be permanently replaced by an elbow bump.
Yet as public health experts warn, we are still a long way off from anything approaching normalcy. Even the market refuses to conform to history’s expectations, especially as we near the election.
Take the following chart…

Based on proprietary research conducted by our Research Team, …read more […]