Year: 2020

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Diane Swonk, Grant Thornton’s Chief Economist, joined The Final Round to discuss the June jobs report and gave her outlook for the US economy amid reopenings. …read more […]

Some investors believe that the Fed and other central banks have been the principal drivers financial markets over the past 3 months and that it will likely to continue. UBS Americas CIO in Global Wealth Management Solita Marcelli joins The Final Round panel to break down what she thinks will lead to a faster recovery.
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We’ve made it!
At least… we’ve made it halfway.
Halfway through 2020 – the year of the coronavirus, negative oil prices, the bull’s death, impeachment proceedings… (Need I go on?)
Now that we’ve hit the midway point, it’s time to revisit what we said in January.
So let’s see how Matthew’s and David’s 2020 predictions have fared in these tumultuous six months…
The Stock Market
Matthew: With the 2020 elections looming large, I don’t expect the broader indexes to repeat the strong performance they had last year. Since 1988, the Dow Jones Industrial Average has managed a mere 2.87% average gain during election years.
Dave: I think …read more […]

On Thursday, Wedbush analyst Dan Ives raised his bull case price target for shares of Tesla to $2,000 from $1,500. While his base case was lifted from $1,000 to $1,250 (a street high), he maintains a neutral rating on the stock. The Final Round panel discusses the bullish call, and the road ahead for the electric automaker.
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(Bloomberg) — Elon Musk provoked the U.S. Securities and Exchange Commission in the course of taking a victory lap on Twitter over Tesla Inc.’s surging share price.The chief executive officer first taunted short sellers in a string of tweets, joking that the electric-car maker would “make fabulous short shorts in radiant red satin with gold trim.” That’s an apparent reference to a post two years ago that he would send “a box of short shorts” to hedge fund manager David Einhorn, one of Tesla’s most prominent critics.Then Musk, 49, wrote Thursday that he would send shorts to the SEC, referring …read more […]

Amazon CEO Jeff Bezos’ wealth reached $171.6B amid the coronavirus pandemic. Yahoo Finance’s Dan Howley joins Sibile Marcellus to discuss. …read more […]

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ETF Trends Director of Research Dave Nadig joins Yahoo Finance’s Sibile Marcellus to break down the ETFs to watch in the second half of 2020. …read more […]

The spectacular jobs report for June could help to push rates higher. …read more […]

If you are looking for the best ideas for your portfolio you may want to consider some of Ensemble Capital’s top stock picks. Ensemble Capital, an investment management firm, is bearish on Oracle Corp (NYSE:ORCL) stock. In its Q4 2019 investor letter – you can download a copy here – the firm discussed its investment […] …read more […]

The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in at more than 1.4 million, yet again. Yahoo Finance’s Zack Guzman and Heidi Chung discuss. …read more […]

Amid the market’s wild roller coaster ride, one fact has become abundantly clear: COVID-19 is a game-changer. With the number of new cases spiking, the resumption of normality is fading farther off into the distance, taking hopes of a V-shaped recovery along with it. That said, regardless of the recovery’s shape, some argue that the investing landscape has been altered for the foreseeable future.Against this backdrop, investment strategies will need to take the new reality into consideration, focusing on the names poised to emerge from the crisis as the ultimate winners. Even though this might feel like guesswork, the Street’s …read more […]