Market News
I Felt the Pain of the Market's Selloff. But I Stayed on Course.
Wall Street Journal - 2 Apr 2020 18:11
Ask Encore: This is no time to guess about what's next for the stock market, says retirement columnist Glenn Ruffenach.
Will A 10-Week Lockdown Lead To A Great Depression?
Forbes - 2 Apr 2020 22:23
Bill Gates wants a national lockdown for 10-weeks. He's not alone. Here's why it's not plausible.
Cleveland-Cliffs' Stock Drops 50% In 2020; Is It Still Unattractive?
Forbes - 2 Apr 2020 13:30
After almost a 50% decline in Cleveland-Cliffs' (NYSE: CLF) stock since the beginning of this year, at the current price of $4 per share, we believe Cleveland-Cliffs' stock is likely to remain around the current level co...
Bonds Are Now Outperforming Stocks in Battle for Returns This Century
Wall Street Journal - 2 Apr 2020 17:37
The leading bond-market investment benchmark's outperformance against the S&P 500 underscores the extent of the recent carnage in the stock market.
Trump Talks Up Oil Truce, Claims Saudi Arabia Will Cut Production By 10 Million Barrels
Forbes - 2 Apr 2020 17:03
Oil prices jumped more than 30% on Thursday morning.
How to Take Pandemic-Hit U.S. Economy's Temperature
Wall Street Journal - 2 Apr 2020 16:58
Weekly jobless claims, which were once again far worse than expected, are the most important economic data series for gauging the degree of coronavirus shock and when things will begin to improve.
JPMorgan CEO James Dimon Back to Work After Heart Surgery
Wall Street Journal - 2 Apr 2020 16:44
JPMorgan Chase Chief Executive James Dimon returned to work this week, a month after undergoing emergency heart surgery. In a memo to employees, he thanked Co-Presidents Daniel Pinto and Gordon Smith for running the bank...
Bitcoin Climbs More Than 15% As Investors Flock To Safety
Forbes - 2 Apr 2020 23:46
Bitcoin enjoyed some notable gains over the last few days as millions filed applications for U.S. unemployment benefits. Will the digital currency push higher as central banks flood the economy with cash?
New Kind of U.S. Actively Managed ETF Starts Trading
Wall Street Journal - 2 Apr 2020 23:38
American Century Investments' new U.S. exchange-traded funds are aimed at reviving investors' interest in stock-picking managers.
These Heartland Cities Will Feel The Coronavirus Recession First. Here's Why.
Forbes - 2 Apr 2020 23:05
It's all about taxes.
This Digital Bank Is Giving Some Members Their Stimulus Money In Advance Of The IRS Checks
Forbes - 2 Apr 2020 22:09
Government checks could take weeks to arrive.
Oil Surges Record 24% After Trump Claims Saudis Will Cut Production
Forbes - 2 Apr 2020 21:07
President Trump tweeted: "Good (GREAT) news for everyone!"
Corporate Bond Downgrades Grow as Coronavirus Spreads
Wall Street Journal - 2 Apr 2020 19:44
U.S. corporate bonds are being downgraded at breakneck speeds, highlighting the threat posed to companies' balance sheets by the coronavirus crisis.
Cuomo: New York Has Only Six Days Of Ventilators Left In Stockpile
Forbes - 2 Apr 2020 19:18
The governor also reported a "troubling" surge in cases on Long Island.
Is Now the Time to Push Your Luck in the Lottery?
Wall Street Journal - 2 Apr 2020 19:15
Prizes for Powerball will drop significantly and rise more slowly after the next jackpot, making the coming days and weeks the last chance at a big payout for a while.
The Unintended Consequences Of Doing Good
Forbes - 2 Apr 2020 19:00
The Federal Reserve is buying mortgage-backed securities with the best of intentions. But there are unintended consequences.
Oil Market Takes Another Barmy Turn As Donald Trump's Tweet Sends WTI Futures 32% Higher
Forbes - 2 Apr 2020 18:50
The U.S. President claims Moscow and Riyadh could cut production by 10 million barrels or more, just as the Saudis load up a whopping 18.8 million barrels onto crude tankers for April dispatches.
6 Questions About Trump's Oil Deal Announcement With Russia And Saudi Arabia
Forbes - 2 Apr 2020 18:21
President Trump draw a big bounce in oil prices on Thursday morning with a tweet, but what does it all mean?
Diagnosis Is Murky, Even for Walgreens
Wall Street Journal - 2 Apr 2020 17:53
Not even drugstore chains can tell investors what the future looks like. Investors of all sorts should take notice.
COVID-19 Is Changing How Businesses Behave. Will They Keep It Up?
Forbes - 2 Apr 2020 16:05
Whenever this ends - spring, summer, or later - companies will face a choice: Do they continue to compensate their workers at the level they have been through this crisis, or do they withdraw those wages and benefits bec...
Analyzing W.W. Grainger's Dividend Growth Potential
Forbes - 2 Apr 2020 15:39
A stock for investors who are more focused on long-term capital appreciation than current income, but still appreciate the power of dividends, especially growing dividends.
Rally Hopes Flag After Initial Unemployment Claims Double Expectations At Above 6 Million
Forbes - 2 Apr 2020 15:26
Volatility isn't probably going away anytime soon, but if it continues to head toward more "normalized" levels, that could be a positive sign of the market developing more of a trading range.