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Market News

Location American Market News for 3 February 2020

Citigroup Suspends Trader for Stealing Cafeteria Food

Wall Street Journal - 3 Feb 2020 21:24
Junk-bond trader Paras Shah allegedly took food repeatedly from office cafeteria without paying.
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Chinese Markets Tumble on Mounting Coronavirus Fears

Wall Street Journal - 3 Feb 2020 05:30
Chinese markets dropped sharply, reopening after the extended Lunar New Year break, because of heightened anxiety over the fast-spreading coronavirus and its impact on the global economy.
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Fed Chair Jerome Powell Should Not Be Partying With The Trumps It should go without saying: Fed Chairman Jerome Powell should not be partying with Ivanka Trump and Jeff Bezos.
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Tesla Shares Rally at Fastest Pace Since 2013

Wall Street Journal - 3 Feb 2020 22:06
The advance is testing the resolve of short sellers who have made the electric-car maker one of the most bet-against companies in financial markets.
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As Coronavirus Impacts China's Economy, Phase One Trade Deal Purchases Now At Risk China to the U.S.-- "What do you prefer we do: spend money on soybeans or contain the coronavirus?"
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The Removal Of Tesla's Dutch Treat Implies Management's Forecasts Are Wildly Optimistic As Tesla management guided to a figure of 500,000 deliveries in 2020, it is worth checking on the sustainability of Tesla sales in major markets.
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Top Two ETF Trends To Watch: ESG And Nontransparent Two topics seemed to dominate at this year's Inside ETFs conference: the rise of ESG investing, and the emergence of so-called "nontransparent" ETFs. Both promise some big changes to financial markets.
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A Carbon Tax Lies In America's Future

Forbes - 3 Feb 2020 19:35
A Carbon Tax Lies In America's Future As environmental concerns rise, a carbon tax becomes more likely, not the least because of its bipartisan appeal.
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Coronavirus Is Not What Ails The Stock Market. Here's Where Retiring Investors Need To Focus. The Coronavirus is a horrible development from a human health standpoint. Secondarily, it is causing governments and businesses to make difficult decisions. However, there is one thing that the financial media does every...
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These China Companies Can Survive The Wuhan Coronavirus Wall Street has a few ways to innoculate itself from the coronavirus. If you have to be in China (or like speculating), here's where to place your bets.
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How Today's Tech Run Differs From the Dot-Com Bubble

Wall Street Journal - 3 Feb 2020 19:20
Are there worrying parallels between the ascent of Facebook, Apple, Amazon, Microsoft and Alphabet and the ill-fated dot-com boom of 2000? Goldman Sachs Group says not yet.
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Will Patrick Mahomes Crush the Stock Market?

Wall Street Journal - 3 Feb 2020 19:07
A Super Bowl victory by the Kansas City Chiefs bodes poorly for stocks.
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U.S. Treasury Yields Stabilize as Sentiment Improves

Wall Street Journal - 3 Feb 2020 18:52
A weekslong rally in U.S. government bonds paused after China's central bank announced stimulus measures to mitigate the economic impact of the coronavirus and new data showed a rebound in U.S. manufacturing activity.
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Don't just bank on group health covers

livemint.com - 3 Feb 2020 18:20
Cases like the ongoing bank mergers throw light on why buying a group health policy is not a great idea. It's advisable to have an individual health plan.Discontinuation of a group plan can be worrisome for senior citize...
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Best home loan rates

livemint.com - 3 Feb 2020 18:07
Here's a look at the lowest home loan interest rates of some leading banks
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Ajay Bhushan Pandey said if there is no limit, it will allow structuring of the salary into various components to lower the tax outgo.Under the existing provisions, the contribution by the employer to a recognised provid...
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Fed Adds $59.85 Billion to Financial Markets

Wall Street Journal - 3 Feb 2020 17:40
The overall amount of temporary liquidity provided by the New York Fed rose on Monday. The central bank added $59.85 billion in fresh liquidity to money markets.
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Shipping Bellwether Hits All-Time Low

Wall Street Journal - 3 Feb 2020 17:35
An index tracking freight rates for the world's largest cargo ships has fallen to its lowest-ever level as the spread of the coronavirus weighs on global trade.
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How concentrated is your mutual fund scheme?

livemint.com - 3 Feb 2020 17:26
Diversified funds, too, can hold a concentration of their larger holdings and a much more diversified portfolio among the smaller holdings .Here is a list of funds with the highest concentration of top 10 holdings
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Earnings Distortion Scorecard: Week Of 2/3/20-2/7/20 For the week of 2/3/20-2/7/20, I focus on the Earnings Distortion Scores for 115 companies.
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Don't Chase Momentum In Tesla, Brooks Automation, Or Teladoc Looking at where I went wrong and what I can learn from my worst-performing Danger Zone picks.
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When The Market Bombed, These Stocks Didn't Budge The stock market is driven by greed and fear.
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