Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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meanwhile back in the USofA...
In the last two months, states and cities have cut more jobs than they did after the last recession...
https://twitter.com/business/status/1268940587115450374
i did ask the question would the ftse100 go Up OR Down after it fill the gap down created early March..
We have only witnessed the 1st leg down...
SC, I've not done a forecast this last couple of weeks, i did ask the question would the ftse100
How do you know when Donald Trump is lying?
His mouth opens!
SC, no its not....it was a bad metaphor full stop, but you seem to like them...maybe you can't see the trees for the wood..
However i believe jobs will be lost and those that return will be under review, i work with a lot of businesses and quite a few are looking to cut the fat, retail was dying prior to C-19, this had given these very businesses to excuse scrap lots of roles which no doubt have an impact down the food chain...
bad metaphor ...but since you called it, the cars will be scrap'd.
returning workers, business are only just realising how bad things are, numbers will have been done and jobs losses, not furloughed jobs, now begin...
we have only witnessed the 1st leg down.
I wonder how many of these returning employees will be made redundant or already inline for redundancy. Many companies, workers will not have the clientele as they may have lost a job, income....
these jobs are NOT new jobs, it's people returning to work...
Time to bail out ready for dip.,,,,,then a further rise GLA
Trump says the economy isn't a V shape it's a rocket ship
Someone better inform Trump, "The patient" is actually Frankenstein's monster that got struct by a bolt of lightning, trillion of volts.....
‘It’s going to be ugly,’ analyst says as mortgage rates suddenly spike on shocking jobs report..
The average mortgage shopper may see rates on the 30-year fixed as much as a quarter point higher, said Matthew Graham, COO of Mortgage News Daily, which runs daily averages from lenders.
Mortgage rates loosely follow the yield on the 10-year Treasury.
“It’s going to be ugly,” Graham said. “Today is the first time since the Covid-19 market reaction settled down in March that interest rates truly have a reason to panic. Until further notice, this looks like liftoff.”
What’s good news for the U.S. economy is suddenly bad news for mortgage rates. A far-better-than-expected May employment report only added to a growing sell-off in the bond market, pushing yields to the highest level since March. Mortgage rates loosely follow the yield on the 10-year Treasury.
Rates have been rising this week, after sitting around a record low for the last two weeks. Friday, the average mortgage shopper may see rates on the 30-year fixed as much as a quarter point higher, according to Matthew Graham, COO of Mortgage News Daily, which runs daily averages from lenders.
For those with top-tier credit and financials, they may only see an eighth of a point increase, but for those with lower scores and down payments, the jump could be as much as 0.375%.
“It’s going to be ugly,” said Graham. “Today is the first time since the Covid-19 market reaction settled down in March that interest rates truly have a reason to panic. Until further notice, this looks like liftoff.”
read more; https://www.cnbc.com/2020/06/05/its-going-to-be-ugly-analyst-says-as-mortgage-rates-suddenly-spike.html?__source=twitter%7Cmain
Trump speech live
Dentists got back to work last month, accounting for the lion’s share of job gains in the U.S. health industry..
https://twitter.com/markets/status/1268910791497068551
Trump and I are in agreement for once.
He said the fall of 2.5m in the unemployment figures were "incredible", that only leaves 37.5m - reality check.
The US unemployment rate fell compared to April
lloyds up
Las Vegas is back open is see - maybe he should go there and pop his whole net value on Red? Might have more chance of winning / making some money.
Next wave of U.S. Job Cuts Targets
Millions of Higher-Paid Workers
https://www.bloomberg.com/graphics/2020-how-many-more-jobs-will-be-lost/?cmpid%3D=socialflow-twitter-economics&utm_medium=social&utm_campaign=socialflow-organic&utm_content=economics&utm_source=twitter
TP, figures are out later so we'll get a better idea. I think jobs losses will continue to rise and start to bite in other sectors...
Rate Likely Nears 20%....
Friday’s U.S. jobs report is forecast to show that the unemployment rate surged to almost 20% last month after reaching the highest since the Great Depression era of the 1930s in April. So far during the pandemic, the losses have hit those least able to absorb the blow, with a concentration in lower-wage labor markets, such as retail and restaurants. The May report will likely extend into white-collar positions. The overall payrolls figure is expected to show a loss of 7.5 million workers, after shattering the record books with a 20.5 million wipeout in April.
https://twitter.com/business/status/1268835463722348544