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Market News

Location American Market News for 5 April 2020

Oil Investors Grow Desperate for Supply Cuts

Wall Street Journal - 5 Apr 2020 14:00
Investors say the world could run out of storage for its excess oil in just a few months, and energy companies are starting to file for bankruptcy.
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How To Apply For Unemployment Due To Coronavirus It may happen to you - and if it does, you'll want to know how to apply for unemployment.
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How To Navigate Job Hunting During A Period Of Layoffs And Extreme Unemployment A global pandemic and economic downturn make it a really challenging time for job hunters. Here are some critical do's and don'ts for people searching for a job right now.
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'Unprecedented' Economic Contraction, But When Does It End? If we are dealing with this until June, the U.S. economy experiences a very deep recession with output declines twice as large as the 2008-09 financial crisis.
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Is This Bear Market Rally Over?

Forbes - 5 Apr 2020 22:35
Is This Bear Market Rally Over? The major averages reached their key resistance levels last week and then closed the week lower. Does this mean the bear market rally from the March 23rd lows is over?
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Great Depression Economics 101

Forbes - 5 Apr 2020 16:55
Great Depression Economics 101 This post explains how to analyze a pandemic-induced economic depression using Keynes' framework, a framework developed by Keynes to analyze the causes and remedies for the Great Depression.
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One Medical Is Riding The COVID-19 Telemedicine Train Will COVID-19 boost 1Life Healthcare's revenues?
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Looks Like Trump Convinced Putin To Stand Down On Oil Production Quick, call Robert Mueller out of retirement!
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Coronavirus Layoffs: Trump Organization Latest To Shed Jobs Amid Pandemic The national crisis, spurred by the spread of coronavirus, has impacted nearly every industry.
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6 Tips To Ride Out Coronavirus Stock Market Volatility You may think selling all of your stock and bonds (or mutual funds and ETFs) is the safe thing to do. Panicking during the Coronavirus Pandemic may devastate your chances of a secure retirement.
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How The 'Woke' Capitalists Can Save America We're all in this together now. But what about post-pandemic? That's what will matter most.
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The Saudi-led Organization of the Petroleum Exporting Countries will convene a virtual meeting on Thursday with other oil-producing nations including Canada and Russia, aiming to negotiate a truce in a Saudi-Russia fight...
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How Tracy Maitland Built A $9 Billion Firm To Beat This Bear Market Even before the pandemic sent markets crashing, Advent Capital was prepared for mayhem.
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If Companies Aren't Buying Their Own Stock, Who Is?

Wall Street Journal - 5 Apr 2020 11:30
Companies including Hilton, Chevron, JPMorgan, AT&T and Carnival have suspended their share-repurchase plans in recent weeks, removing a crucial pillar of support for the stock market as it struggles to find its footing ...
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