Market News
I'm Scared. That's a Reason to Buy
Wall Street Journal - 23 Mar 2020 19:20
The true contrarian only buys when it makes him feel physically sick to press the buy key. At the moment I not only feel sick at the idea but want to disinfect the keyboard before using it. Does that mean it's time to bu...
Mnuchin Urges Small Businesses Not To Fire Employees
Forbes - 23 Mar 2020 16:28
The Senate is set to vote on a massive economic relief bill this afternoon.
We Are Facing A Depression, Not A Recession
Forbes - 23 Mar 2020 16:54
We are already seeing large increases in request for unemployment insurance. It is going to explode.
Stocks This Week: The Panic Cycle
Forbes - 23 Mar 2020 04:53
The tendency to panic will not abate until the autumn.
Stocks and Oil Fall as Virus Cases Surge
Wall Street Journal - 23 Mar 2020 03:18
Global share benchmarks and oil prices fell at the start of the week's trading, as the coronavirus pandemic worsened and U.S. lawmakers failed to reach a stimulus deal.
Wells Fargo Does Something Right
Forbes - 23 Mar 2020 23:37
Wells Fargo, bogged down by many illegal and unethical practices in recent years, has clawed back $15M in compensation from ex-CEO Timothy Sloan.
5 Bank Stocks Trading Below Book Value, Showing Earnings, Paying 3%+ Dividends
Forbes - 23 Mar 2020 22:54
Here are 5 with the kind of characteristics that suggest the potential interest of long-term value investors.
U.S. On Brink Of 34th Recession: Expected To Be Severe
Forbes - 23 Mar 2020 22:43
America is about to enter its 34th recession dating back to 1857 and this recession is expected to be one of the worst.
Stocks Slump, Dow Falls 600 Points As Congress Again Fails To Pass Coronavirus Stimulus Bill
Forbes - 23 Mar 2020 22:05
The market is having its worst month since 1931.
Donald Trump's Properties See Slowdown In Coronavirus Travel Shutdown
Forbes - 23 Mar 2020 21:47
The hotel industry's jobs quarantine appears to have spread to the President's properties.
A $10 Trillion Response To The Global Pandemic
Forbes - 23 Mar 2020 21:14
Combating COVID-19 is not going to come cheap. My guess is that once the dust settles, this global health scare may well have cost us upwards of $10 trillion, potentially making it one of the most expensive crises in hum...
Billionaire Bill Ackman Bets On U.S. Recovery After Closing Coronavirus Hedges
Forbes - 23 Mar 2020 21:11
Bill Ackman has closed his coronavirus hedges and is buying shares in Starbucks, Hilton and Lowe's. "We are making a huge recovery bet," Ackman Bloomberg TV on Monday.
Coronavirus Strikes A Deadly Blow To Risk Parity
Forbes - 23 Mar 2020 21:10
Risk Parity was dealt a heavy blow underperforming a more traditional 60/40 diversified portfolio allocation since January 2020. Risk parity managers claim that the strategy performs well in all major economic environmen...
Gold And Yen ETF Options Trades Making More Sense As US Markets Continue To Slide
Forbes - 23 Mar 2020 20:37
As the US stock market continues it slide, we look for interesting options trades to help you navigate today's volatility.
Dealmakers Looking Past Crisis To Future M&A
Forbes - 23 Mar 2020 20:34
Despite the market upheaval of coronavirus, strategic buyers and private equity groups are prepping for expected transactions by establishing virtual data rooms.
Congress Fails To Reach Deal On $2 Trillion Coronavirus Stimulus Bill
Forbes - 23 Mar 2020 20:28
The final vote tally was 49-46 in favor, again falling short of the required 60 votes.
Mexico Tries To Boost Economy As Coronavirus Scares Mount
Forbes - 23 Mar 2020 20:06
At least 8% of Mexico's economy in trouble as Americans stay home.
Fed's Bullard Says Cut Activity by 50% to Weather Coronavirus Storm
Wall Street Journal - 23 Mar 2020 20:01
Federal Reserve Bank of St. Louis leader James Bullard said U.S. economic activity may need to fall by half to protect Americans as the nation navigates the coronavirus crisis.
Investors Who Sell Now May End Up Regretting It
Forbes - 23 Mar 2020 19:59
Investors may want to resist the urge to liquidate existing equity positions, especially if losses deepen. In the past, fast crashes led to fast recoveries.
This Gym Chain Has Reason to Sweat
Wall Street Journal - 23 Mar 2020 19:59
Budget gym chain Planet Fitness says it was too late to call off plans to charge customers for March, and customers can cancel their memberships by visiting its locations--which are closed.
SoftBank to Sell $41 Billion in Assets, Signaling End of Buying Spree
Wall Street Journal - 23 Mar 2020 19:09
SoftBank said it planned to sell up to $41 billion of its assets to buy back shares and redeem debt, in an unprecedented move to combat the tumbling price of its stocks and bonds.
Trump Weighs Economic And Public Health Toll, Appears Eager To Lift Social Distancing Measures
Forbes - 23 Mar 2020 18:58
Reports surfaced Monday that the White House is facing backlash from ordering social distancing across the country at the cost of the economy.