Market News
Why the Richest Country Can't Get You a Face Mask
Wall Street Journal - 1 Apr 2020 13:40
The U.S. spends far more on health care than any other nation, but failure to adequately stockpile--and vulnerable global supply chains--have left it without the medical equipment necessary to protect its citizens from t...
With The Market Fall, Is Coca-Cola A Better Bet Compared To PepsiCo?
Forbes - 1 Apr 2020 15:00
Food and Beverages stocks have been particularly badly impacted by the ongoing Coronavirus/oil price crisis, as F&B companies are expected to face very low demand due to the slowdown in economic activity and shutdowns, w...
Companies Hit Hard by Coronavirus Look to Cut 401(k) Contributions
Wall Street Journal - 1 Apr 2020 15:00
Macy's, Marriott International, La-Z-Boy, and Sabre Corp. are among the first in an expected wave of companies looking to save cash by suspending, delaying or reducing contributions to employees' 401(k)s.
Fed Temporarily Eases Capital Requirements for Big Banks
Wall Street Journal - 1 Apr 2020 23:00
The Federal Reserve on Wednesday said it was temporarily taking steps to ease an obscure capital requirement for large banks to address strained conditions in the Treasury market.
Crude Oil, Consumer Staples Bright Spots, But Small-Cap Russell Leads All Indices Lower In Broad Selloff
Forbes - 1 Apr 2020 22:41
The new quarter started out with an ugly day as investors seem to be repricing stocks based on President Trump's warning that the U.S. faces a tough two weeks. The selling did appear orderly, and volatility didn't take o...
12 Ways To Donate Your $1,200 Stimulus Check To Help Fight The Coronavirus
Forbes - 1 Apr 2020 22:16
If you don't need the money, here's how you can help.
What Would You Do If You Weren't Afraid?
Forbes - 1 Apr 2020 22:03
I'm afraid to leave my desk as I'd miss the next 5% blip up in the market. This makes sense only if you think energy futures won't sink further and the peak in coronavirus numbers are near at hand.
3 Recession-Resistant Dividends That Soared In 2008
Forbes - 1 Apr 2020 21:50
These are the times when fortunes are made and big income streams are built.
Cuomo: New York Has 'No Chance' Against Worst-Case Coronavirus Scenarios
Forbes - 1 Apr 2020 21:42
The New York governor issued a dire warning on Wednesday.
Stocks To Trade In April
Forbes - 1 Apr 2020 21:05
Here are the cycles-based stock recommendations for this year.
Grocery Prices Are Soaring. Here's Why And How Long Will It Last.
Forbes - 1 Apr 2020 20:51
It's not just eggs and flour.
Investors should expect a confusing earnings season ahead with delays and withdrawn forecasts
CNBC - 1 Apr 2020 20:50
Analysts are expecting S&P 500 earnings growth to decline 5.2% in the first quarter, according to FactSet.
Job Recovery A Good Six Months Away, But That Depends On The Coronavirus
Forbes - 1 Apr 2020 20:28
Barclays: 5 million new jobless claims coming this week. Beat the virus, save the economy. It won't take 30 days.
Bitcoin Stuck In Bearish Trend As The New Month Begins
Forbes - 1 Apr 2020 20:18
Bitcoin has lost more than 40% of its value over roughly six weeks. Is it headed for further downside, or will the world's most prominent digital currency bounce back?
Madison Square Garden To Spin-Off MSG Entertainment On April 17
Forbes - 1 Apr 2020 20:05
The Sports business will remain in the existing Company, which will be renamed Madison Square Garden Sports Corp and will change its stock ticker from "MSG" to "MSGS" in connection with the separation.
U.S. COVID-19 Cases Could Peak Around 720K As Social Distancing Guidelines Extended
Forbes - 1 Apr 2020 20:00
Per Trefis analysis, if infections in the U.S. trend in line with Italy and Germany via increased social distancing and other measures, it's likely that cumulative U.S. cases will peak off at levels of about 720k by earl...
March Factory Activity Gauge Just a Preview of April Stall
Wall Street Journal - 1 Apr 2020 19:58
U.S. manufacturing stalled last month. It is, of course, only the start.
Top Options Plays For Your Portfolio As Market Sells Off
Forbes - 1 Apr 2020 19:26
As the stock market retreats from its multi-week highs, we take a look at some options strategies you should consider for your portfolio.
Coronavirus Could Take Tesla Stock To $130
Forbes - 1 Apr 2020 19:00
It's possible Tesla reports poor Q1 deliveries later this month and lowers its guidance for deliveries in 2020 to levels of 200K (as opposed to 400k in 2019) - or even lower. Given little reason for people to buy cars ri...
A Vaccine Wildcard From Big Tobacco
Wall Street Journal - 1 Apr 2020 18:55
British American Tobacco is the most unlikely contender yet in the race to find a vaccine against the new coronavirus.
A Cruel April Fools' Day Prank On The Economy And The Environment
Forbes - 1 Apr 2020 18:44
The Trump Administration's rollback of auto emission regulations will hurt consumers economically, damage automakers' competitiveness, have negative impacts on public health, and hasten ecological damage. It is good for ...
U.S. Bank Stocks Should Be Shorted
Forbes - 1 Apr 2020 18:07
The big U. S. banks had it so good for so long, and unfortunately the extraordinary economic slowdown and associated job losses from COVID-19 imply that those banks will be on the hook for delinquent loans from both cons...