Month: March 2020

(Bloomberg) — Fund managers are being faced with a collapse of liquidity as they try to handle record market moves.Investors say it is becoming increasingly difficult to trade due to the extent of swings on a day that saw 30-year Treasury yields drop the most since the 1980s and a fall in U.S. stocks so sharp that trading was halted minutes from the open. Even before today financial conditions were tightening at the fastest pace since the 2008 crisis.“I have yet to find liquidity,” said Richard Hodges, a money manager at Nomura Asset Management, whose bets on Italian and Portuguese …read more […]

The Fed expanded the size of its repo market operations to ensure that the plumbing of the financial system can withstand the shocks of the coronavirus and the crash in oil prices. …read more […]

With oil erasing over a third of its value overnight after a messy breakup of the OPEC+ alliance, OPEC members are bleeding over half a billion dollars a day in lost revenue, according to Reuters calculations. For the most part, oil is a top income source for members of the Organization of the Petroleum Exporting Countries and such a dramatic fall in prices will put strain on their economies, some of which such as Iran and Venezuela, are already on the brink. At that low, prices were down nearly $20 a barrel from a high before the meeting …read more […]

The number of coronavirus cases has surpassed 119 cases in the United States, Jefferies Chief Market Strategist David Zervos joins the On the Move panel to discuss the impact on markets. …read more […]

Democrats continue to criticize the lack of response from the administration as coronavirus continues to spread across the country.
Yahoo Finance’s Jessica Smith in Washington explains. …read more […]

Interest rates, which are down to record lows on fears coronavirus may slow the economy, could fall even more. Here are four ways to invest now. …read more […]

Aquiles Larrea Jr. – Larrea Wealth Management Founder and CEO told Yahoo Finance’s On The Move that investors who are in the market long-term can take advantage of market sell-off. …read more […]

Presidential candidate Sen. Bernie Sanders is spouting a myth that capitalism is an oppressive system.
As Alexander Green explains today, this is far from true. Our free market provides everyone a chance for true wealth.

In a recent New York Times column, David Brooks opined, “Successful presidential candidates are mythmakers. They don’t just tell a story. They tell a story that helps people make meaning out of the current moment.”
Sen. Bernie Sanders, he wrote, is “telling a successful myth: The corporate and Wall Street elites are rapacious monsters who hoard the nation’s wealth and oppress working families.”
Brooks calls this “a very compelling …read more […]

Stocks entered into a free-fall on Monday as coronavirus fears and crashing oil prices pounded investor sentiment. …read more […]