Markets are plunging, taking a serious hit as the coronavirus spreads rapidly throughout the world. So far, the worst of the outbreak is in China, but large-scale viral cases are on the rise in Italy, Iran, and South Korea. Medical restrictions and quarantines are disrupting global trade and travel patterns, with shutdowns in Chinese factories impacting global supply chains in everything from electronics to the containerized shipping industry. The S&P 500 is down 12.8% from its peak on February 19, completely erasing earlier gains and putting the index at an 8.6% loss for the year to date.But as per usual …read more […]
Pretend you’re 18 years old and someone hands you a check for $10,000. You want to be smart, so you decide to invest in securities. You open a brokerage account, deposit your money and start looking at stocks. So, what are the best stocks to buy for beginners?
Ask this question in a room full of seasoned investors and you’ll get tons of different answers. Put it all in an index fund! Spread it out between FAANG stocks! Diversify among six to eight companies! They’re all valid investing strategies, but they might not apply to you specifically.
The truth is, you’ll …read more […]
After the last few trading sessions, with the markets taking a nose-dive, investors can be excused for wondering if they’re doing something wrong. They’re not. Markets run in cycles, and are sensitive to Black Swan events, two factors that are on market watchers’ minds.The economic expansion is in its eleventh year, a record streak. But with that longevity comes the worry – how much longer can this last? As for the Black Swans, the unpredictable events that hit the market but no one saw coming, one is in play right now. The coronavirus outbreak – emerging from China and now …read more […]
(Bloomberg) — Equity markets across the Middle East slumped after the worst week for oil prices since 2008 and as more cases of the coronavirus were announced in the region.Kuwait halted trading of the biggest listed companies as its markets reopened following a three-day holiday last week. The suspension happened after the nation’s Premier Market index retreated almost 11%. Dubai’s gauge fell as much as 5.1% to the lowest level since 2018, while those in Saudi Arabia, Abu Dhabi and Egypt extended losses from last week.In Riyadh, Saudi Aramco fell to its lowest level since an initial public offering in …read more […]