December 4, 2020 – Icarus Signals. The home of economic insight

Asian Investors Anticipate Modest Rise in Markets After Mixed Day on Wall Street

Posted on December 4, 2020 by TeamIcarus | 0 Comments

NEW YORK (Reuters) - Investors in Asia were expecting small gains on Thursday, after Wall Street booked a choppy day due in part to a disappointing private jobs report indicating…

OPEC+ Resumes Talks on 2021 Oil Policy Amid Disagreements

Posted on December 4, 2020 by TeamIcarus | 0 Comments

LONDON (Reuters) - OPEC and Russia resume talks on Thursday in a bid to define policies for 2021 after an initial round of discussions this week failed to bring a…

Foreign Saving Gluts and American Financial Imbalances

Posted on December 4, 2020 by TeamIcarus | 0 Comments

The idea that trade imbalances are more likely to be the result of credit imbalances than of savings imbalances ignores the role of savings imbalances in creating credit imbalances.

MPC Warns of Financial Risks among SMEs, Households

Posted on December 4, 2020 by TeamIcarus | 0 Comments

Gradual and uneven economic recovery could affect financial stability among businesses and households in the period ahead, says the edited minutes of the Bank of Thailand's Monetary Policy Committee (MPC).

Bitcoin Tops $16,000 on PayPal Bull Run

Posted on December 4, 2020 by TeamIcarus | 0 Comments

NEW YORK -- Bitcoin surpassed the $16,000 mark for the first time in nearly three years Thursday, as the market cheers PayPal's decision to let customers use virtual currencies for…

Obama will take Coronavirus Vaccine and might Film it to Build Confidence – ‘I Trust This Science’

Posted on December 4, 2020 by TeamIcarus | 0 Comments

Former President Barack Obama said Wednesday that he will take a coronavirus vaccine once one is available and may film it to build confidence in the U.S. about vaccine safety.