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The Fed’s Future is Already Here in Return to Zero Rate World

(Bloomberg) — For more than a year, America’s central bankers have been brainstorming about how to tackle the next downturn — and assuming they had plenty of time to travel around the country figuring it out.It turns out that the Federal Reserve has no time at all.Fed Chair Jerome Powell and his colleagues began 2020 betting they could keep interest rates steady in a strengthening economy. They’re now in a race to save an 11-year expansion from the coronavirus, which has wreaked havoc across financial markets and threatens to tip the U.S. into recession too — if it hasn’t done …read more […]

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3 Stocks That Should Bounce Back Once Coronavirus Fears Fade

Is now the right time to invest in stocks? It’s possible that even the most guru-like among Wall Street observers will find the question hard to answer. The markets have yo-yoed dramatically over the last couple of weeks. After posting losses not seen since the 2008 financial meltdown, the S&P 500 closed last week with the best one-day point gain since 2008. As the British investor John Templeton once said, “the time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell.” The coronavirus outbreak has affected the …read more […]

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3 Hot Insider Trading Stocks to Buy Under $10

Well, that was an exciting week, wasn’t it? We saw the markets make record swings, both in absolute point measure and relative percentages, and both up and down, as investors shifted between panic selling and buying the dip. The week ended on an up note, with the S&P 500 gaining 9% after President Trump’s declaration of a national emergency as well as Federal initiatives to combat the coronavirus and provide economic support. Markets found additional support from the Federal Reserve, which announced a $37 billion bond purchase to inject liquidity into the economy. Oil prices also stabilized on Friday, as …read more […]

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The plumbing behind world's financial markets is creaking. Loudly

The coronavirus panic is jolting stock markets, with steep drops in major indexes grabbing the public’s attention. Bankers, companies and individual investors are dashing to stock up on cash and other assets considered safe in a downturn to ride out the chaos. This sudden flight to safety is causing havoc in markets for bonds, currency and loans to a degree that hasn’t been seen since the financial crisis of a dozen years ago. …read more […]