Market News
Cuomo: New York's Density Control Plan Is Working, Hospitalization Rate Is Slowing
Forbes - 25 Mar 2020 19:26
"This is a very good sign and a positive sign," Cuomo said.
SEC Gets Win in Test of Authority to Regulate Cryptocurrency Sales
Wall Street Journal - 25 Mar 2020 03:28
The Securities and Exchange Commission prevailed in a key stage of its cryptocurrency enforcement crackdown, as a federal judge issued an injunction halting Telegram Group from distributing its digital coins.
Hedge Funds That Cashed In When Oil Prices Cratered
Wall Street Journal - 25 Mar 2020 16:07
The crash in oil prices this month has been a brutal comeuppance for the energy world. But it has also generated profits for a handful of niche hedge-fund managers.
Coronavirus Layoffs: Compass, Endeavor Latest To Dismiss Workers Amid Pandemic
Forbes - 25 Mar 2020 23:17
Jet engine workers, startup employees and theater workers, among others, have been impacted so far.
Stock Market Rally Simmers As GOP Senators And Senator Bernie Sanders Battle Over Coronavirus Stimulus Bill
Forbes - 25 Mar 2020 22:13
The Dow was up 2% and the S&P 500 1%.
4 Popular Dividends Are About To Be Slashed. Do You Own Them?
Forbes - 25 Mar 2020 21:44
Nearly every retirement portfolio on the planet is reeling from the coronavirus fallout.
Long-Term Technical Trouble Sounds For AOBC
Forbes - 25 Mar 2020 21:36
A long-term bear signal just flashed for American Outdoor Brands (AOBC)
India Is The Asian Blindspot In The Coronavirus Pandemic
Forbes - 25 Mar 2020 21:21
A nation of 1.3 billion has stopped today. No trains. No planes. Few cars.
Beware These Coronavirus Scams
Forbes - 25 Mar 2020 21:03
Coronavirus scams are on the rise. Here's how to protect yourself.
Cuomo Slams $2 Trillion Coronavirus Stimulus Bill, Calling It 'Terrible' For New York
Forbes - 25 Mar 2020 20:42
"We need more help than this bill gives us," Cuomo said.
RBC Seeks Fire-Sale Buyers for Seized Mortgage Debt
Wall Street Journal - 25 Mar 2020 20:36
Canada's largest bank by assets is moving to protect itself as pain spreads through the mortgage market.
Appetite for Blue-Chip Corporate Bonds Improves Amid Market Stress
Wall Street Journal - 25 Mar 2020 20:35
Business giants including Nike, McDonald's and Pfizer were among those poised to sell bonds Wednesday, following in the footsteps of Comcast and Mastercard a day earlier
Recovery From The "Acasholypse"? Our Macro Take On SLV, IWM, SPY And Other ETFs.
Forbes - 25 Mar 2020 20:24
Our macro take on the $2 trillion emergency stimulus plan and its impact on leading macro ETFs like SPY, SLV, IWM, GDX and more.
Investors Are Warming to Natural Gas
Wall Street Journal - 25 Mar 2020 20:04
Traders are backing off their bearish bets on natural-gas prices, stock buyers are flocking to the beaten-down shares of Appalachian producers and analysts are forecasting short supplies of the fuel next year unless thos...
Wall Street Way Too Bullish On China
Forbes - 25 Mar 2020 19:59
China's main customers: sick and scared of catching the new SARS coronavirus.
Negative Rates Have Arrived. Here's What That Means For Investors.
Forbes - 25 Mar 2020 19:53
Yields on one-month and three-month T bills dipped below zero on Wednesday for the first time in more than four years.
Why $2 Trillion Could Be Just the Start
Wall Street Journal - 25 Mar 2020 18:45
If federal stimulus isn't distributed quickly enough, or if the fear of coronavirus infection drags on too long, even the mammoth $2 trillion government package may not be enough to avoid huge job losses.
Things Are Going To Change. Here's What We Should Do
Forbes - 25 Mar 2020 17:52
In the aftermath of the coronavirus, we face the strong possibility of a deflationary depression. We cannot allow that to happen.
Groceries After the Age of Coronavirus
Wall Street Journal - 25 Mar 2020 17:39
Investors should be cautious about snapping up makers of consumer staples that have fared well during the coronavirus pandemic, and focus on the accelerating trend of online ordering that is a double-edged sword.
States, Local Governments Would Get $150 Billion From $2 Trillion Stimulus Bill, Schumer Says
Forbes - 25 Mar 2020 17:32
"America needs huge help quickly," Chuck Schumer, D-NY, told CNN on Wednesday morning.
PG&E: Some Good News For Troubled Times
Forbes - 25 Mar 2020 17:22
Earlier this month, the buyout of the former Pattern Energy appeared headed for failure. Then came the COVID-19 market crash and opposition evaporated overnight. On March 10, shareholders overwhelmingly voted yes to $26....
U.S. Set to Press Saudis to Restrain Oil Production Surge via G-20
Wall Street Journal - 25 Mar 2020 17:00
The U.S. plans to press Saudi Arabia to restrain its scheduled oil production boost by leveraging the kingdom's status as head of the G-20, according to people familiar with the matter.