Author: InvestAdvocate

Agencies finalize rule to reduce the impact of large bank failures

October 20, 2020/US Federal Reserve The federal bank regulatory agencies today finalized a rule to limit the interconnectedness and reduce the impact from failure of the largest banking organizations. The final rule is substantially similar to the proposal announced last year and complements other measures that the agencies have taken […]

Oil Prices Are Going Nowhere Until Election

October 20, 2020/OilPrice.com Chart of the Week –    Natural gas accounted for 39% of U.S electricity generation in 2019, with nameplate capacity accounting for 43% of the total.  –    Every state except for Vermont and Hawaii has at least one natural gas-fired power plant. –    Texas, Florida, and California […]

Daily Market Update for October 20, 2020-Cordros

October 20, 2020/Cordros Report EQUITIES Trading in the domestic bourse was slightly positive today, following interests in brewers, NB (+4.7%) and INTBREW (+9.9%). Thus, the All Share Index notched a marginal gain, but closed flat at 28,665.82 points. Accordingly, Month-to-Date and Year-to-Date gains were also flat at 6.8%.   The […]