David Stockman says coronavirus is sparking a financial crisis, warns ‘Wall Street is toast’

Main Street may be more resilient than Wall Street during the coronavirus crisis. Former Office of Management and Budget director David Stockman warns the pandemic is exposing risky speculation and shaky market fundamentals. “Wall Street is toast,” he told CNBC’s “Trading Nation” on Thursday. “It’s going to end as a financial crisis because the illusion that central banks always have your back and the economy would keep expanding and growing forever and ever … was complete nonsense.” Stockman, who served under President Ronald Reagan, has been forecasting an epic market…

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10 SUVs that can easily be modified for MEGA street presence: Mahindra XUV500 to Toyota Fortuner

One of the USPs of SUVs is that they offer a strong road presence. Thanks to their dimensions, aggressive stance and bold design, the SUVs help you make a powerful statement on the street. Here are 10 SUVs that have been modified to have a MEGA street presence, showing you how it’s done! Mahindra Bolero The Mahindra Bolero has always been appreciated for its rugged, mini-G Wagon looks. This Bolero, however, looks significantly bolder than the regular variant. Much of it is due to the all-black paint scheme and wider…

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Google embraces 360-degree video with new Street View certification for cameras

Google’s Street View is one of those amazing things we take for granted. At the tap of a button we can be transported to millions of places around around the globe and take a 360-degree look around as if we were standing right there. And now Google wants to put the power of Street View right in your hands. On its Keyword blog, Google has announced a new “Street View ready” certification standard that will let anyone publish an interactive tour fit for Maps. Previously, creating 360-degree videos required a…

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Wall Street rises with oil; investors shrug off Italian referendum

Financial shares and strong oil prices bolstered U.S. stocks on Monday while currency and bond investors shrugged off Italian Prime Minister Matteo Renzi’s resignation, following voters’ rejection of his constitutional reforms. The Italian referendum stoked worries about Italy’s political stability and its banking system, but U.S. Treasury yields reversed their fall as the initial demand for low-risk U.S. government debt faded with a euro and stock price revival. “The initial reaction was quite negative, but as we have seen recently with other political events, risks will likely be played out…

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