Weekly Economic Report
As the coronavirus begins to spread internationally, we are gaining the first broad information that is not subject to influence by the Chinese government. As of Sunday, cases outside of China had increased to 1,868, with 21 recorded deaths. However, six of these deaths occurred in Iran, where there are only 28 reported cases. read more »
Weekly Economic Report
The coronavirus continues to dominate the global economic outlook as investors try to understand how profoundly the shutdown of Chinese manufacturing will disrupt supply chains. Unfortunately, the news is very mixed and uncertain, as the slow return of low-income workers – in part due to provincial quarantine procedures – has resulted in both bottlenecks, which are driving up prices, ... read more »
Weekly Economic Report
There were four big stories this week, two economic and two political. The payroll report was a story of strength – at least for the US, while the coronavirus remains a story of weakness – particularly for Hubei Province in China. The markets worry about the first, because the underlying assumption has been that the Federal Reserve will ease two more times in 2020. read more »
Weekly Economic Report
Markets remain dominated by the Wuhan coronavirus, which is still accelerating at an accelerating rate. We are closely watching the daily announcements of cases, and to a lesser extent, deaths. The number of cases has been rising at a faster rate, with the exception of a surge on January 25th, when the Chinese government shifted from information repression to fuller accounting. read more »
Top 50 Brokers of 2013
McVean Trading & Investments was a part of Futures magazine's annual Top 50 Brokers list. read more »
For markets and his city, commodities trader Charles McVean looks ahead
Charles McVean is featured in the Commercial Appeal. read more »