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Market News

Location American Market News for 3 April 2020
The 5 Safest Dividend Stocks In The S&P 500 In our search for the five safest dividend stocks around, we've looks for investments with a unique mix of characteristics, including being S&P 500 Dividend Aristocrats with 25+ years of consecutive dividend increases, n...
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The Bare Necessities You Need for a Bear Market

Wall Street Journal - 3 Apr 2020 16:00
Remain calm. Get big. Move sideways, slowly. A lot of advice for surviving a falling stock market will sound familiar to backwoods hikers who've had grizzly encounters.
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For JPMorgan, the consequences of keeping some employees in the office have been swift and painful.
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The Alphabet Soup of Financial-Aid Abbreviations

Wall Street Journal - 3 Apr 2020 16:57
College-aid offers are often filled with abbreviations that students and their families might not understand. Here is a cheat sheet.
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Schools sent their students home. Now they have to figure out how much money, if any, they will give back.
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Trump Ordered These Companies To Make Medical Supplies Under The Defense Production Act Trump--amid criticism from both sides--has thus far only used the act sparingly.
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The Economic Damage From The Coronavirus Recession In Five Numbers (It's Not Just A Stock Market Problem) Record unemployment, a long wait for a paper stimulus check, and chaos for small business borrowers.
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Stocks Down Just 2.6% This Week Despite Record Unemployment And Coronavirus Volatility The market posted only modest losses this week, even with continued uncertainty from the coronavirus pandemic.
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As Big Banks Kick Off Earnings Season, Eyes On Executive Guidance, Credit Quality Financial sector companies step up to the line to report earnings soon, but in a way it's too bad they can't just pass on this snapshot and advance directly to Q2 earnings season.
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This Big Boeing 737 MAX Order Cancellation Could Be Start Of A Wave Plane-leasing firm Avolon has canceled orders for 75 737 MAXs worth $8 billion at list value, in what could be the beginning of a flood of deferrals and cancellations for Boeing and Airbus as the coronavirus pandemic dec...
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Small Business Stimulus Loans: Bank Of America Says 58,000 Have Already Applied, JPMorgan Chase Opens Applications The program that lets small businesses take out forgivable loans to cover payroll and overhead under the new CARES Act was supposed to launch last night, but the rollout has been bumpy.
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Coronavirus Destruction: The Cost Of Containment Is Astronomical If you ever wondered what a 'stop the world' moment was like, you are now living one.
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Hoping That Cars Will Last as Long as the Loan

Wall Street Journal - 3 Apr 2020 18:42
Once unheard of, it is becoming common for dealers to offer 84-month loans, including some zero-interest promotions - a risky game.
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Cash Is The Best COVID-19 Antidote For Mexican Tech Startups The spread of the coronavirus and its effects on the world economy have dried up funding for cash-hungry Mexican startups, which must now focus on preserving their balance sheets and weathering the storm.
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Cuomo: New York Daily Coronavirus Deaths Near 600 The epicenter of the outbreak in the U.S., New York saw its caseload continue to surge.
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Jobs Report Was Even Worse Than It Looked

Wall Street Journal - 3 Apr 2020 17:30
Friday's employment report was stunningly grim. What actually happened was even worse than what those headline numbers showed, with more like 3 million people losing their jobs. And the bad news has only just begun.
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If you fear you might lose your job, there are some proactive steps you can take to feel more secure about your future hunt, she says.
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The Post-Coronavirus World May Be The End Of Globalization The corornavius pandemic has revealed globalization's over-reliance and China. Are those days coming to an end?
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Small Business Stimulus Loans: Bank Of America Is The First Major Bank To Accept Applications The program that lets small businesses take out forgivable loans to cover payroll and overhead under the new CARES Act was supposed to launch last night, but the rollout has been bumpy.
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COVID-19 Delays UN Climate Talks - Here's Why It Could Be A Good Thing UN climate talks are the latest victim of the coronavirus epidemic. But a delay to next year could actually make the talks more effective.
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Pandemic Economics: Lessons From The Spanish Flu In 1918 There can be no thriving economic life until families and individuals feel comfortable returning to their normal daily lives, including in many cases their place of work, without undue fear of death and disease.
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Bear Market Playbook: Favor Stocks Over Bonds Brighter days are ahead--let's make sure we get there with ourselves and our portfolios relatively intact.
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