Month: March 2020

(Bloomberg) — America’s nascent status as a net petroleum exporter is already at risk as plunging oil prices threaten domestic production and give a leg-up to world’s biggest producers.The U.S. only in recent months began exporting more petroleum than it imports, a shift fueled by record shale production in fields such as the Permian Basin. Now, amid the worst price rout in nearly three decades, American drillers are facing a million-barrel drop in production that could curb U.S. exports and set back the country’s march toward energy independence.“The U.S.’s net exporter days may be numbered,” said Cailin Birch, a global …read more […]

Soaring coronavirus infection rates across the world sparked new pandemic fears that hammered global markets on Monday. …read more […]

Well, auto parts retailers are en vogue just as the broader market goes into free-fall. …read more […]

Investment advisors and asset management firms Fidelity, Vanguard, and T. Rowe Price all offered messages of calm on their websites to investors as the market fell. …read more […]

The stock market dropped over 1,700 today so far, causing many investors to panic. Heavy selling across U.S. and global markets has left many seeking alternatives. But with so much uncertainty, what should people know about investing in a down market?

Investing In A Down Market: 3 Things to Know – With Quotes
If you are unsettled by the idea of a stock market downturn, here are a few quotes from some of the world’s greatest investors to put your mind at ease.
1. Never Bet Against America
“For 240 years it’s been a terrible mistake to bet against America, and now is no …read more […]

Amid falling stock and oil prices, Washington is debating a range of ideas this week to try stabilize the U.S. economy. There is a debate however among DC’s economic class about whether Washington can even help at this moment. …read more […]

B. Riley Wealth Management Chief Investment Strategist Paul Dietrich joins Yahoo Finance’s Zack Guzman, Brian Cheung and Morning Brew Business Editor and Podcast Host Kinsey Grant to discuss how the markets, particularly the commodities sector, are being impacted by the coronavirus. …read more […]

Reuters is reporting that President Trump will meet with Treasury Secretary Steven Mnuchin to discuss potential fiscal-policy responses to the coronavirus. Yahoo Finance’s Rick Newman joins Zack Guzman, Brian Cheung and Morning Brew Business Editor and Podcast Host Kinsey Grant to discuss the details. …read more […]

It’s ugly time for the markets. Here is why the market action is so disturbing. …read more […]

The world is gripped by fear.
Global cases of COVID-19 are threatening to cross the 110,000 mark with more than 3,800 deaths.
As a result, anxiety is rattling the broader markets.
Including today’s dramatic, circuit breaker-triggering drop.
We know that coronavirus is devastating travel. Airline and cruise companies have watched their share prices be cut in half.
But the issues are far more widespread.
That’s because everything truly is “Made in China.”
And companies from Apple (Nasdaq: AAPL) and Hasbro (Nasdaq: HAS) to PayPal (Nasdaq: PYPL) and Starbucks (Nasdaq: SBUX) have issued warnings about the virus’s impacts on their supply chains and businesses.
Don’t make the mistake of …read more […]

…read more […]