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Market News

Location American Market News for 4 May 2020
Which Airline Stock Is Likely To Take Off First: Alaska Air Or JetBlue? The stocks of Alaska Air Group and JetBlue Airways have dropped nearly 60% since early February after the WHO declared the coronavirus outbreak a global health emergency. The airline industry has been worst affected by t...
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Stocks This Week: Sell Short General Dynamics And Cummins Here are two stocks to shart in a weak market.
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Silver Lake to Invest $750 Million in Jio Platforms

Wall Street Journal - 4 May 2020 04:53
Private-equity firm Silver Lake is nearing a deal to invest $750 million in Indian telecommunications and technology giant Jio Platforms, a unit of Reliance Industries.
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Stock-Picking Robots Take on Humans in New Study

Wall Street Journal - 4 May 2020 04:10
The buy recommendations of robo analysts outperformed those of human analysts in a new study by Indiana University researchers.
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Tyson Foods on Monday reported that its fiscal second-quarter net income fell 15% from a year earlier, as production disruptions weighed on its results.
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Sustainable Funds Fell Less During the Selloff

Wall Street Journal - 4 May 2020 04:13
It is only a short period, but ESG funds held up a bit better than the overall market during the coronavirus-fueled stock drop.
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It might say something about how index funds perform in a crisis. Or it might be less significant.
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The ETFs That Might Offer Protection in a Market Plunge

Wall Street Journal - 4 May 2020 04:05
If you want to insulate your portfolio from sudden declines, what types of stock ETFs protect you best? A George Mason professor crunches the data.
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The U.S. Treasury Will Borrow A Record $3 Trillion This Quarter As Stimulus Spending Soars Many lawmakers have sounded the alarm about taking on more debt to pass another rescue package.
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The Fed Did Nothing--But Powell's Verbal Pivot Meant Everything It's odd for a central bank that's about to face double-digit unemployment to stand pat at an official monetary policy meeting.
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What If Buffett Is The One Swimming Naked?

Forbes - 4 May 2020 21:51
What If Buffett Is The One Swimming Naked? What if when the tide of doom and gloom recedes, Buffett is left standing naked, falling further and further behind index funds?
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Can You Sue If You Get COVID-19 At Work? Businesses Want To Make Sure They're Not On The Hook In the next round of stimulus negotiations, lawmakers brace for a fight over legal protections for businesses that reopen amid the virus outbreak.
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LyondellBasell Industries Shares Cross 8% Yield Mark In trading on Monday, shares of LyondellBasell IndustriesLYB were yielding above the 8% mark based on its quarterly dividend (annualized to $4.2), with the stock changing hands as low as $50.87 on the day.
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Texas Leads The Nation In Reopening Its Economy If everything works out well and we don't see a massive spike in new COVID-19 cases, then bars, salons, barbershops, gyms and more could be next to reopen later this month in Texas.
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Presidential Tweets Drive Volatility in Interest-Rate Options

Wall Street Journal - 4 May 2020 20:00
Interest-rate options markets are 60% more sensitive to tweets from President Trump than back in September, according to JPMorgan Chase analysts who launched a proprietary index tracking what drives volatility in the opt...
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Three Things To Expect In The 'New Normal' Post-Pandemic A look at what the 'new normal' might look like, both here and in China.
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14 Outdated Investing 'Rules' You Don't Need To Follow Anymore Some investors are still stuck on "rules" of investing that have become obsolete, and sticking with these old adages may hurt you in the long run.
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Continental AG Postpones Spin-Off Of Vitesco Technologies Due To Coronavirus Uncertainty The Executive Board has also decided to continue preparing the powertrain business for the intended spin-off as planned at a later point in time.
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Aviation Industry Races for Cash With Record Bond Sales

Wall Street Journal - 4 May 2020 17:57
Strong investor demand greets multibillion-dollar bond sales from airlines and aircraft makers.
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How Large A Stock Allocation Do You Really Need? If you invested in SPY from the start of the year 2000, as the Dot-Com Bubble was peaking, you gained 52% over the next 20 years. Back in early 2000, if you instead invested 40% in an S&P 500 Index fund, and 60% in SHY (...
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Meat Giant Serves Analysts a Nothingburger

Wall Street Journal - 4 May 2020 17:43
Tyson Foods left analysts wanting more after its gloomy prognosis.
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How COVID-19 Is Changing Cannabis

Forbes - 4 May 2020 17:35
How COVID-19 Is Changing Cannabis The legal cannabis industry has transformed the COVID-19 crisis into an opportunity to demonstrate maturity, dismantle biases, and solidify its role in the economy and people's lives. While challenges persist, the last s...
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