Market News
Charlie Munger: 'The Phone Is Not Ringing Off the Hook'
Wall Street Journal - 17 Apr 2020 16:00
The Berkshire Hathaway vice chairman has always preached the value of being prepared to pounce when there are bargains to be had. Has that time come?
Six Numbers That Show How Hard The Travel Industry Is Being Hit By The Coronavirus Shutdown
Forbes - 17 Apr 2020 22:37
8 million jobs will be lost in the U.S. alone by the end of April.
Stocks Rally, Dow Rises 700 Points On News Of Gilead's Possible Coronavirus Treatment
Forbes - 17 Apr 2020 22:01
The S&P 500 notched its first back-to-back weekly gains since late February.
In China's Post-Pandemic Recovery, Beware Of A 'False-Dawn'
Forbes - 17 Apr 2020 20:46
The historic contraction in China's real GDP should stand as a warning to the U.S. post-pandemic.
Treasurys Maintain Recent Gains, Sending Note of Caution
Wall Street Journal - 17 Apr 2020 20:34
U.S. government bond yields traded at the bottom of their recent range despite another rally in stocks, underscoring the two markets' growing divide over the economic outlook.
Don't Chase Gold Prices
Forbes - 17 Apr 2020 19:30
The gold futures and SPDR Gold Trust (GLD) have had a good run to the upside but there were signs to take partial profits this week. Where should prices find support?
Macron Admits It: Coronavirus Biggest Test For EU Unity
Forbes - 17 Apr 2020 18:56
Yannis Varoufakis, ex-FinMin of Greece, says France, Italy, Spain should essentially hold the EU hostage until it agrees to trillion euro bond.
Cuomo: Federal Government 'Can't Wipe Their Hands Of This,' Must Provide More Funding For States To Reopen
Forbes - 17 Apr 2020 18:46
"We cannot do it without federal help," the New York governor said.
U.S. Exports To China Down For The Second Consecutive Year
Forbes - 17 Apr 2020 17:23
Goods exports down. Services exports may have peaked. Some states better off than others.
It's Too Late to Pick Up P&G
Wall Street Journal - 17 Apr 2020 16:21
Procter & Gamble is cleaning up as consumers stockpile daily essentials. But the coronavirus crisis could still have worrying spillover effects for it and other makers of household goods.
A Flood Of Saudi Oil Is Headed For The United States. Here's What That Means For Struggling American Producers.
Forbes - 17 Apr 2020 16:14
Shipments of Saudi oil to the United States have nearly quadrupled since February.
Bleak Picture: Steep Crude Demand Plunge Dogs Energy Industry As Q1 Earnings Results Loom
Forbes - 17 Apr 2020 15:49
It came like a bolt out of the blue, a sudden gusher that spiked beaten-down crude prices nearly 25% in a single day and put Energy stocks into greener pastures for the first time in weeks.
Risk Embrace: Rally On Drug Study And Plan To Reopen Shows Investors Ready To Get Bullish
Forbes - 17 Apr 2020 15:25
News of promising trial results for a possible coronavirus treatment seems to have investors excited this morning, along with hopes of the economy starting to re-open in phases and Boeing getting production started again...
China Revising Wuhan Coronavirus Death Toll
Forbes - 17 Apr 2020 15:07
Wuhan city officials admit: many died at home, new hospitals were not prepared for the surge, were too busy to report accurate data.
Here's Why Nucor's Stock Could Rebound 30% Post COVID-19
Forbes - 17 Apr 2020 15:00
Comparing the trend in Nucor Corp (NYSE: NUE) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock could potentially gain close to 30% once fears surroundin...
Three Questions With Financial Planner Meredith Moore
Wall Street Journal - 17 Apr 2020 15:00
Getting a handle on your expenses will help minimize the damage to your finances no matter what your employment situation, she says.
Pandemic has companies dropping earnings guidance, and some say it should be nixed altogether
CNBC - 17 Apr 2020 14:56
A growing number of companies has nixed earnings guidance amid the coronavirus pandemic, and some in the corporate world say they should be dropped permanently.
Puzzled by the Coronavirus Kettlebell Shortage? You're Not the Only One
Wall Street Journal - 17 Apr 2020 14:54
Time at home imposed by the Covid-19 lockdowns would be easier without all the disruptions to global supply chains.
30% Downside For CSX Stock?
Forbes - 17 Apr 2020 14:30
Despite a 17% decline in CSX Corporation's stock since the beginning of the year, at the current price of around $60, CSX's stock could see a significant downside, due to the impact of the coronavirus and oil price war c...
Here's Why Cree's Stock Could Outperform The S&P 500 Post Covid-19 Crisis
Forbes - 17 Apr 2020 14:10
Comparing the trend in Cree (NASDAQ: CREE) stock over recent months with its trajectory during and after the Great Recession of 2008, we believe that the stock can recover to its pre-crisis levels, and possibly rise furt...
Beijing Still Wants Microchips Made in China
Wall Street Journal - 17 Apr 2020 14:09
The Covid-19 pandemic has triggered worries about the reliance of global supply chains on China. But China is concerned about its own dependence on imported supplies of microchips.
Procter & Gamble US sales surged 10% as consumers stocked up ahead of coronavirus outbreak
CNBC - 17 Apr 2020 14:00
Procter & Gamble reported that its fiscal third-quarter U.S. sales surged 10% as consumers stocked up on staples like toilet paper ahead of the coronavirus outbreak.