Market News
Traders Bet on Falling 'Fear Gauge'
Wall Street Journal - 17 Mar 2020 19:34
The Cboe Volatility Index, or VIX, closed at its highest level in history Monday when U.S. shares recorded the steepest decline since the Black Monday stock-market crash of 1987. Some investors are already betting on its...
Dollar Surges as Investors Seek Shelter From Market Disruption
Wall Street Journal - 17 Mar 2020 16:36
The U.S. dollar surged against major currencies as stress in the market for dollar funding outside the U.S. worsened, despite the Federal Reserve's efforts to boost availability of the greenback globally.
How Will The Western World React To A Total Lockdown?
Forbes - 17 Mar 2020 23:47
Some thoughts on a global recession and how the core economies react to globalization in a world overrun by the deadly COVID-19.
Keep Calm, Bear Markets Are Temporary
Forbes - 17 Mar 2020 23:23
It's been more than a decade since we've had to deal with the unique challenges of a bear market, and there are countless millennials (and younger) to whom this is a brand new phenomenon.
SoftBank Backs Away From Part of Planned WeWork Bailout
Wall Street Journal - 17 Mar 2020 23:07
SoftBank Group is backing away from part of its planned bailout of WeWork, people familiar with the matter said, privately citing several regulatory investigations of the office-sharing company.
Some Top Asset Managers Think Financial Markets Should Close
Wall Street Journal - 17 Mar 2020 22:30
Executives from some of the world's biggest asset managers talked with the Bank of England's new governor on Monday and discussed the idea of closing financial markets for two weeks.
Might The Coronavirus Pandemic Present A Strategic Opportunity For Your Company
Forbes - 17 Mar 2020 22:29
The current public health situation might accelerate the timing of strategy opportunities for your firm.
Explaining the Fed's Intervention in Commercial-Paper Markets
Wall Street Journal - 17 Mar 2020 22:23
The central bank dusted off a tool from the financial crisis in a bid to calm vital funding markets that have broken down in recent weeks. Here is what that means and why it matters.
Here's A Perfect 7.8% Dividend To Buy In A Crash
Forbes - 17 Mar 2020 22:10
Let's set aside the noise and talk about the one thing that matters most in a volatile market like this: earnings.
The U.K. Promises Billions To Business, However, It Is A Rather Muddled Affair
Forbes - 17 Mar 2020 20:50
Naturally the U. S. is a much larger economy, seven times as large, however, the American aid package so far equates to $850 billion with more to come.
HSBC Appoints Noel Quinn as Permanent CEO
Wall Street Journal - 17 Mar 2020 20:31
HSBC Holdings appointed Noel Quinn as its permanent chief executive, seven months after he assumed the leadership position on an interim basis.
Utilities Shares Outperform as Stocks Stage Rebound
Wall Street Journal - 17 Mar 2020 20:31
That was quick: Utilities stocks are on track for their largest one-day percentage gains since at least October 2008, rebounding from painful losses Monday, when the segment recorded its biggest fall ever.
Bearish Trendline Snuffs Out BGS Rally
Forbes - 17 Mar 2020 20:21
B&G Foods (BGS) just ran out of steam at a historically bearish trendline
Aramco's April Production To Mean No Saudi Spare Capacity
Forbes - 17 Mar 2020 20:19
At Aramco's Q4 earnings call, CEO Amin Nasser confirmed that Aramco will produce 12 mmbpd in April and won't reach 13 mmbpd capacity for a while. In other words, Saudi Arabia will go without its valued spare capacity.
There's No Moral Hazard In Saving The Economy From The Coronavirus
Forbes - 17 Mar 2020 19:44
There's little reason to resist efforts to save America's small businesses from the coronavirus. "The issue of moral hazard isn't there," says Campbell Harvey, an economist and partner at Research Affiliates.
Why Is UnitedHealth Group Stock A Safer Bet In The Current Coronavirus Crisis?
Forbes - 17 Mar 2020 19:40
UnitedHealth Group (NYSE: UNH) appears to be a safer bet in the current stock market correction, as it could see a pickup in private health insurance with the coronavirus outbreak. The U.S. has already witnessed growth i...
Roche's ADR To Outperform Post Coronavirus?
Forbes - 17 Mar 2020 19:30
Going by trends seen during the 2008 crisis, Roche Holdings ADR could potentially outperform the broader market, when the current crisis is over. We compare the performance of Roche vis- -vis the S&P 500 in our interacti...
Baidu Says Over 90% Of Beijing Restaurants Back To Work
Forbes - 17 Mar 2020 19:14
But is anyone really going out to eat?
Without Sports, Bettors Are Getting Creative
Wall Street Journal - 17 Mar 2020 18:43
As sporting events are largely canceled, sports books are offering wagers on the weather instead.
The Coronavirus Pandemic And Your Retirement Accounts--What You Should And Should Not Do
Forbes - 17 Mar 2020 18:05
If you're considering pulling money out of the market right now, know that this is the absolute worst time to do so.
Fed Repos See Robust Demand, Lifting Central Bank Loans Offered to Markets
Wall Street Journal - 17 Mar 2020 17:20
The Federal Reserve Bank of New York intervened in financial markets with two operations that lifted the overall pool of loans it has made available to large banks.
Federal to Launch Funding Facility Amid Coronavirus Uncertainty
Wall Street Journal - 17 Mar 2020 16:46
The Federal Reserve said it would establish a lending facility to support short-term commercial debt markets to prevent intensifying funding strains from accelerating economic damage from the coronavirus.