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Market News

Location American Market News for 3 May 2020
Investors Rotate Into Bonds And Gold After A Historic Month For Stocks After a historic rally in the stocks during the month of April, investors appear to be expecting a pullback and favor lower risk assets.
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Here's How Much The Lockdowns Are Costing

Forbes - 3 May 2020 15:10
Here's How Much The Lockdowns Are Costing A look at the unemployment stress here and around the world thanks to the pandemic.
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Oil's Crash Prompts Record Push to Store Fuel at Sea

Wall Street Journal - 3 May 2020 15:00
The cost to ship gasoline, diesel and jet fuel around the world has soared to record highs, as traders look to dodge the commodity price crash by stashing refined oil at sea.
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Coronavirus Bankruptcy Tracker: These Major Companies Are Failing Amid The Shutdown Some of the 20th century's biggest names in corporate America are in danger of going the way of Sears, Blockbuster and RadioShack.
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Fed Won't Use Stimulus Aid to Push Libor Replacement

Wall Street Journal - 3 May 2020 16:00
The Federal Reserve has scrapped plans to use a $600 billion aid program for small and midsize businesses to promote the use of its preferred replacement for the troubled London interbank offered rate.
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Stocks Keep Rallying, Despite Lack of Visibility on Economy

Wall Street Journal - 3 May 2020 11:30
Investors say they are 'flying in the dark' as the dispersion of earnings estimates reaches its highest level since 2009.
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Warren Buffett Sells Airline Stocks Amid Coronavirus: 'I Made A Mistake' Buffett confirmed that he sold all of his airline stocks during the first quarter.
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Reversal Spells Trouble For The Market's Rebound There were mixed earnings from the five big tech stocks but the averages and underlying technical studies painted a clearer picture.
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Productive Public-Private Partnering In Times Of Public Crisis: Now Is the Time for A National Investment Authority, A National Investment Council, Or A Health Finance Authority The American economy has always been 'mixed,' partnering public with private ownership and control. In times of crisis the public role both has to and always grows larger. Here's how to do it now.
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Stocks Poised For Downward Slide As Airlines Lead Last Week's Gains While April's relief rally retraced most of March's losses, the stock market appears to be signaling that a downward slide is expected in May.
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Mighty Monthly Dividends That Will Survive This Mess A handful of companies that are keeping their dividends steady.
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Rally Over? The Point Is 'Smoot'. Why The 1930s Continues To Be A Bear Track To Follow. The Dow's movement is still mimicking 1931 very closely.
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Warren Buffett Shares Latest Views On The Markets At Shareholder Meeting At Berkshire Hathaway's annual shareholder meeting, Warren Buffett shared his views and answered questions on the markets and his investments.
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