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Market News

Location American Market News for 26 March 2020
Winston Privacy: Fighting Both Surveillance Capitalism And Climate Change Winston Privacy allows users' Internet browsing to remain free from the prying eyes of what some privacy advocates believe are two of the most dangerous firms on the face of the earth - Google and Facebook. It also can h...
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Congress May Pause Student Loan Repayment For 6 Months Good news. You may not owe federal student loan payments for 6 months.
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How Many Unemployed By Coronavirus In China? We May Never Know. If 3.3 million were laid off in the U.S., imagine China. Barclays lowered global growth to "near-zero" today.
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ABN AMRO Takes $200 Million Loss on U.S. Client

Wall Street Journal - 26 Mar 2020 14:20
ABN AMRO Bank said it will take a $200 million net loss after a U.S client of the Dutch lender's clearing division couldn't meet a margin call on a loan.
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Managing Fear And Greed During Market Turmoil When fear drives the market, what can investors do to protect themselves?
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The Market Is For Drunken Poker Players

Forbes - 26 Mar 2020 03:22
The Market Is For Drunken Poker Players Into a harsh recession, you'd want to own the biggest and best properties with competitive primacy just so long as you don't overpay. I'm talking about Microsoft, Amazon, Alibaba, even Apple. Not Boeing.
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Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period.
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It's Official: Venezuela's Socialists United Now A 'Drug Trafficking Regime' Linked To FARC Nicolas Maduro is now the Most Wanted man in the Americas. PSUV leadership is working with the FARC, according to the US. DoJ.
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Facing Crude Reality in Stimulus Bill

Wall Street Journal - 26 Mar 2020 22:23
Funds weren't committed to President Trump's pledge to fill the Strategic Petroleum Reserve 'right up to the top.'
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What The Coronavirus Stimulus Bill Means For Your Student Loans Here's some help for your student loans.
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Dow Gains Nearly 24% In Three Days Despite Record Unemployment Claims, All Eyes On Stimulus Bill It was the best three-day run for stocks since the 1930s.
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How Singapore And South Korea Deal With Coronavirus Quarantine Measures Singapore is open for business. But good luck traveling there. South Korea found a close knit cluster, and tested like mad.
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French Economy Now last week's pessimists look like optimists.
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Regulators Try to Ease Financial-Reporting Burdens

Wall Street Journal - 26 Mar 2020 19:34
U.K. regulators gave listed companies an extra two months to publish audited annual financial reports amid uncertainties caused by the new coronavirus.
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Oil Headed To $10 A Barrel As Virus Lockdown Eradicates Fuel Demand Expect 250,000 layoffs in the U.S. oil sector.
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In response to the economic fallout of the coronavirus pandemic, Congress is poised to approve an economic relief plan that includes one-time direct payments to most households. Here are the key details.
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Zero-Coupon Bond Index Nears Zero Bonds

Wall Street Journal - 26 Mar 2020 17:58
The bankruptcy filing of the index's last member has left a pillar of the 1980s leveraged-buyout boom on the verge of extinction.
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Washington's Trillions Alone Can't Stop the Jobpocalypse

Wall Street Journal - 26 Mar 2020 17:05
The massive jump in U.S. unemployment insurance claims last week doesn't tell you precisely how bad the hit to the job market is going to be. It does show that it is going to be horrible.
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My Stock Tip -- Sell

Forbes - 26 Mar 2020 16:17
My Stock Tip -- Sell We have absolutely no game plan that will make any day of the next year look any better than today. Instead, we can expect each passing day to look worse thanks to all the layoffs and bankruptcies coming down the road.
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Oil Slides on Renewed Demand Woes

Wall Street Journal - 26 Mar 2020 15:53
Oil prices slid, paring some of their weekly rebound as traders weighed signs that fuel demand and economic activity could fall even more than feared due to the coronavirus.
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Claim Jumping: Job Losses Mount In Weekly Report; Stimulus Bill Moves Forward Weekly jobless claims are often considered a "second-tier" number in terms of market impact. This week was different, as a virus-related economic shutdown made its presence known. However, help may be on the way as a mas...
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Some Positives In A Virus Wracked World

Forbes - 26 Mar 2020 15:36
Some Positives In A Virus Wracked World It should be pretty obvious that we need to rethink how our supply chains are constructed. The U.S. is running out of something as simple as mouth-testing swabs. It seems the entire world supply is made by two companies.
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