Culled—Proshare May 10, 2020 Moody’s Investors Service The rapid global spread of the coronavirus has led to a deteriorating economic outlook, sharply lower oil prices and broad financial market upheaval, generating an unprecedented credit shock across many sectors worldwide. Our current baseline economic scenario assumes pandemic-driven disruption of economic activity […]

May 10, 2020/Fitch Ratings Economic implications of the coronavirus pandemic have been deep and substantial across the US, and state-level unemployment claims data imply a wide range of effects across states that will drive economic and revenue trends, says Fitch Ratings. Total unemployment claims filed since the start of the […]

May 8, 2020/OilPrice.com Oil markets are on course to see their second consecutive weekly gain as the OPEC+ production cut comes into effect and a wave of shut-ins hit the shale patch. Friday, May 8th, 2020 The U.S. Labor Department reported a loss of more than 20 million jobs in […]