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Market News

Location American Market News for 23 June 2020
No, Trump Didn't Say There Would Be Second Stimulus Checks Will you get a second stimulus check?
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Before Wirecard's unraveling, two financial heavyweights set up an unusual $1 billion investment in the payments company. A structured product tied to that deal is now foundering, amplifying the damage from the fintech g...
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The consortium will acquire a 49% stake in gas pipelines operated by the United Arab Emirates' national oil company, a deal that marries yield-hungry funds with a country battered by low oil prices and the coronavirus pa...
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The Inside Story On An Investment That Plunged 98% One of the worst disasters to befall investors in this crisis was something called the MORL dividend.
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Key Support for the Economy May Be About to Buckle

Wall Street Journal - 23 Jun 2020 13:53
Government stimulus programs have helped support spending by lower-income Americans, but the money could soon run out.
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Stock Market Outlook: 3 Volatile Weeks, Then Pure Excitement Here come miserable earnings reports - and that's great news
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Trump Suspending Visas Just Ships Jobs Overseas President Trump signed an executive order today suspending foreign worker visas, including the technology industry's favorite, the H-1B.
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Wall Street's chief regulator and the nation's antitrust watchdog agreed to a formal partnership that could result in greater scrutiny of the fees charged by stock exchanges for crucial market data.
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Are We Seeing Signs Of A Second Wave?

Forbes - 23 Jun 2020 23:16
Are We Seeing Signs Of A Second Wave? With new coronavirus cases rising in several states, is a second wave upon us? Commonwealth CIO Brad McMillan looks beyond the headlines for answers.
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This Single Factor Could Force Another Coronavirus Shutdown, Goldman Sachs Says As more than half of the country sees new coronavirus cases surging, here's what will determine whether or not states shut down again.
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Fitness Tracking Is Hot Again

Forbes - 23 Jun 2020 21:22
Fitness Tracking Is Hot Again Consumers are fighting back against the "Quarantine 15". How? By tracking their fitness goals. According to LikeFolio data, the last three months have seen a 27% uptick in...
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Housing Market's Green Shoots

Wall Street Journal - 23 Jun 2020 20:04
New-home sales figures show the U.S. housing market got a lot better last month. Barring a big downward revision to the report, the stage seems set for a further recovery in June--the last big month of the home-selling s...
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IRS Provides Relief for Retirees on Required Distributions

Wall Street Journal - 23 Jun 2020 19:58
The Internal Revenue Service issued a notice that people who took required distributions from retirement accounts this year can put the money back.
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Here's What's Really Going On With That Second Stimulus Check: Trump Is On Board, But Republicans May Not Be The President tells aides he's in favor of a second check, but some Republican officials are dragging their feet on the matter.
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Sell Emerging Markets Equities As Trade Deal Status Wavers Our data shows legitimate vulnerability in risk assets. We recommend looking for opportunities to take short positions, as we are seeing attractive volatility levels and the potential for US-China trade instability.
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Amazon Launches $2 Billion Fund To Invest In Climate Change The Climate Pledge Fund will invest in companies building "sustainable and decarbonizing technologies."
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Second Stimulus Checks: Your Questions Answered Will you get a second stimulus check?
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Top Stocks To Buy As Nasdaq Breaks Intraday Record After a tumultuous morning that, unsurprisingly, was due to the news, the Dow and Nasdaq are both showing a strong performance. If you want to get through the noise and just buy quality companies, our deep learning algor...
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DIY investors seek expert advice as covid-19 bites

livemint.com - 23 Jun 2020 18:42
Do-it-yourself investors are turning to financial planners to sort out their investments.Investors in the age group of 30-50 have been most active in terms of consulting an expert
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It is important to understand the nature of the ownership of the property, since this would also determine the succession of title
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Bull Signal Suggests Fresh Highs For Software Stock A historically bullish signal flashing for Synopsys could mean even more fresh highs
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Brazil's Coronavirus Response Has Been An Embarrassment Meanwhile, a raging political crisis makes matters worse.
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