Market News
Lumber Markets Hint at Housing Slowdown
Wall Street Journal - 31 Mar 2020 15:00
Lumber futures have plummeted of late and mills are dramatically dialing back production of two-by-fours, plywood and other building materials.
China Food Delivery Leader Meituan Sees 1st-Qtr Loss As Coronavirus Slams Merchants
Forbes - 31 Mar 2020 02:06
"The pandemic has already caused severe disruptions to the daily operations of our merchants, including restaurants, local services merchants and hotels," Meituan said.
15 Most Popular Questions About Student Loans And Coronavirus
Forbes - 31 Mar 2020 02:02
Finally, the answers.
Drug Stock's Rally Could Have Room To Run
Forbes - 31 Mar 2020 21:50
AstraZenica (AZN) just ran up to a historically bullish trendline
Top Options Trades As Fed Weakens US Dollar
Forbes - 31 Mar 2020 20:50
As the US Fed is signaling that it plans to the weaken the US Dollar, we take a look at the options markets to find trades that benefit in an environment with a weak US Dollar.
Goldman Sachs' 40 Top High Yield Dividend Stocks For The Coronavirus Economy
Forbes - 31 Mar 2020 19:34
Goldman says income investors should look for stocks with high dividends and the ability to maintain them.
New York Outbreak Not Slowing, Cuomo Says, As State Sees Highest Number Of Hospitalizations In A Single Day
Forbes - 31 Mar 2020 19:10
Another 332 people have died, and Governor Cuomo's brother now has the virus.
Covid-19 lockdown on storage vaults presents problems for gold ETFs
livemint.com - 31 Mar 2020 18:42
Physical market participants also noted the effect of coronavirus-related restrictions on gold trading
Sharp cut in interest rates on small savings schemes like PPF, NSC and SSCS
livemint.com - 31 Mar 2020 18:14
Rates of these schemes have been slashed by between 70 bps and 140 bps for the April-June quarter.Those who depend primarily on the income from these fixed instruments, may need to revisit their portfolio
Retiring In A Bear Market Is Different. 4 Ways To Simplify It.
Forbes - 31 Mar 2020 18:04
The financial markets and economy, not to mention this damn virus, do not care that you are just about ready to retire. That means when it comes to your portfolio, you have to be armed with as much value-added knowledge ...
Domino's Shows Even Coronavirus Standouts Face Pressure
Wall Street Journal - 31 Mar 2020 17:54
Delivery-focused restaurants are best-equipped to survive the coronavirus crisis, but an update from Domino's shows the road won't be easy.
The Coronavirus Pandemic Could Be The Best Thing To Happen To Argentina And President Alberto Fernández
Forbes - 31 Mar 2020 17:37
Alberto Fernández, Donald Trump, and Emmanuel Macron have already labelled Covid-19 an "invisible enemy," while Chancellor Angela Merkel called it "the biggest threat to Germany since World War II."
China Hints That Its Coronavirus Data Doesn't Paint Full Picture
Forbes - 31 Mar 2020 17:08
China said it will now count asymptomatic carriers of the SARS-CoV-2 virus in their infection numbers.
Worst First: Dow Jones Industrial Average On Pace For Deepest Q1 Loss In History As End Of Quarter Looms
Forbes - 31 Mar 2020 15:30
We're on a nice run, but not out of the woods by any stretch of the imagination. It could be interesting to see if Financials get a shot in the arm today as bonds see a little pressure.
Oil Rallies But Remains on Track for Large March Drop
Wall Street Journal - 31 Mar 2020 15:14
Oil prices rose, paring some of their slide from a day earlier but remaining on track for their largest drop in any month ever as the coronavirus crisis dents fuel demand.
Credit Hedge Fund Suspends Redemptions in Sign of Market Stress
Wall Street Journal - 31 Mar 2020 15:08
Hedge fund EJF Capital LLC told clients it was suspending redemptions from one of its funds for the foreseeable future because it didn't want to be a forced seller in what it called 'dysfunctional' credit markets.
The Pandemic Won't End Sino-American Tensions Over Huawei
Wall Street Journal - 31 Mar 2020 15:01
Another round of tensions between the U.S. and China over telecom-equipment giant Huawei is in the cards, with global chip makers the likely losers.
Sell Apple Stock to Buy Microsoft?
Forbes - 31 Mar 2020 15:00
The technology sector has not been immune to the current Coronavirus crisis, although technology majors have fared somewhat better than the broader markets. Apple stock has declined by close to -20% since early February ...
Ride Abbott To $100 With Its New COVID-19 Test?
Forbes - 31 Mar 2020 14:30
Based on historical performance, Abbott Labs (NYSE: ABT) appears to be a better bet compared to Medtronic in the current crisis. The current coronavirus crisis will likely impact medical devices company on two fronts, 1....
Is Johnson & Johnson A Better Bet Compared To Bristol-Myers Squibb After 15% Decline?
Forbes - 31 Mar 2020 14:30
Based on historical performance, Johnson & Johnson (NYSE: JNJ) appears to be less attractive compared to Bristol-Myers Squibb in the current crisis. The current coronavirus crisis will likely impact pharmaceutical compan...
We're In A Bear Market: Now What?
Forbes - 31 Mar 2020 14:20
There's no doubt portfolios everywhere are whipsawing due to the selloff.
More Than A Full Recovery Possible For Accenture's Stock Post COVID-19 Crisis?
Forbes - 31 Mar 2020 14:00
Comparing the trend in Accenture PLC's (NYSE: ACN) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock could potentially recover to levels slightly higher ...