Market News
Switzerland's Largest Banks Bow to Pressure to Conserve Capital
Wall Street Journal - 9 Apr 2020 13:45
UBS and Credit Suisse will pay 2019 dividends in two installments, as lenders across the world shore up capital to withstand the coronavirus crisis.
The Coronavirus Stock Market: A Market Gone Wild
Forbes - 9 Apr 2020 02:43
March 2020 made records in the S&P 500. In recent weeks we've seen some of the most volatile trading days in history. Is smooth sailing ahead?
Key BP Deal Threatened by Buyer's Financing Snag
Wall Street Journal - 9 Apr 2020 15:24
BP's sale of its Alaskan business is in jeopardy after a group of banks balked at financing the $5.6 billion deal to buyer Hilcorp Energy amid a historic rout of oil and gas prices, according to people familiar with the ...
Safest Dividend Yields
Forbes - 9 Apr 2020 23:14
Firms with strong core earnings will be able to sustain their dividends.
Bullish Stock Market Cycles Are Confirmed
Forbes - 9 Apr 2020 23:10
The cycle bottoms have hit their lows and are now confirmed by market action.
BlackRock CEO Larry Fink Earns $25 Million in 2019
Wall Street Journal - 9 Apr 2020 22:51
BlackRock Chief Executive Laurence Fink earned $25.25 million last year, a 5% boost for an increasingly influential figure behind the U.S. government's response to the coronavirus crisis.
How I'm Prepping For "Once-A-Decade" Dividend Buys
Forbes - 9 Apr 2020 22:40
Once every decade or so, something really bad happens to stocks.
SoFi's $1.2 Billion Galileo Buy Shows Covid-19 Can't Halt Payments M&A
Forbes - 9 Apr 2020 20:34
COVID-19 is moving more people away from bank branches and ATMs to digital payments. Look for more M&A.
California Hedge Fund Bets on Volatility Spike, Reaps 400% Gain
Wall Street Journal - 9 Apr 2020 20:11
LongTail Alpha funds capitalized on the markets' reaction to the new coronavirus pandemic.
Report: Saudi Arabia And Russia Agree On Oil Production Cuts 'In Principle,' Oil Falls As Traders Await Details
Forbes - 9 Apr 2020 19:58
Other members of the OPEC+ group have not yet agreed on cuts.
Hedge Funds and Private-Equity Firms Given Warning
Wall Street Journal - 9 Apr 2020 19:56
Investment-consulting firm Aksia, run by Jim Vos, says federal loan forgiveness shouldn't be going to alternative asset managers whose management fees aren't significantly impacted by the coronavirus crisis.
Fed Moves Spark Corporate Bond Rally
Wall Street Journal - 9 Apr 2020 19:46
Investors snapped up the debt of car makers, oil drillers and other wounded companies after the Federal Reserve said it would lend trillions more to support the U.S. economy.
Morgan Stanley CEO Recovered From Coronavirus
Wall Street Journal - 9 Apr 2020 19:21
Morgan Stanley Chief Executive James Gorman said he has recovered from the new coronavirus, the most senior Wall Street executive known to have been infected.
With Recession Upon Us, Will Shock And Awe Be Enough?
Forbes - 9 Apr 2020 18:24
Jeff Schulze of ClearBridge Investments examines whether a vigorous policy response will help avoid a worst-case outcome recession and accelerate us into recovery.
COVID-19 Is This Generation's 9/11, And Other Ways Life Will Never Be The Same Again
Forbes - 9 Apr 2020 18:23
COVID-19 has turned our world upside down. From the way we travel to how we work, American life is entering a new normal.
Cuomo: New York Coronavirus Hospitalizations Drop To Lowest Level Since March 19
Forbes - 9 Apr 2020 18:02
"Data suggests that we are flattening the curve so far," Cuomo said.
Will Fed Program Send Gold And Royalty Streamers Higher?
Forbes - 9 Apr 2020 17:59
The $2.2 trillion coronavirus relief package that President Donald Trump signed into law on March 27 is just the beginning, explains Frank Holmes, CEO of US Global Investors, editor of Frank Talk, and a contributor to Mo...
Report: Saudi Arabia And Russia Agree On Oil Production Cuts 'In Principle,' Prices Jump 2%
Forbes - 9 Apr 2020 17:47
Other members of the OPEC+ group have not yet agreed on cuts.
OPEC: Cardiac Arrest Done, The Cartel Announced 10 M B/D Cut!
Forbes - 9 Apr 2020 17:28
The time for cardiac arrest has passed, OPEC+ introduced its oil supply cut. It was widely expected that the cartel would cut its oil production by nearly 10 million B/D, and they have delivered.
This Jobs Crisis Will Leave a Mark
Wall Street Journal - 9 Apr 2020 17:23
The novel coronavirus crisis has pushed millions of Americans out of work and it will lead to millions more layoffs before it has run its course. The sooner all those people get back to work, the better. The danger is th...
Russia and Saudis Have Agreed in Principle to Cut Oil Output
Wall Street Journal - 9 Apr 2020 17:18
OPEC and other oil exporters are working to broker a consensus on oil production cuts with a view to removing 20 million barrels a day from global supply, people familiar with the matter say.
Oil Prices Rise Ahead of Crunch OPEC Meeting
Wall Street Journal - 9 Apr 2020 16:51
Major producers are expected to agree on big output cuts to bolster energy markets laid low by the coronavirus pandemic.