Articles by admin

Market researchers at RBC Capital, led by Lori Calvasina, head of the bank’s US Equity Strategy, have analyzed current conditions, comparing them to past recessions, and see the coming downturn as both short and mild. They based their conclusions on the behavior of the S&P 500 during downturns since 1937.Getting into specifics, Calvasina’s team says of current conditions, “Our new YE 2020 S&P 500 price target of 2,750 implies a 15% drop for the full year, as well as a 15% rebound from recent levels… we continue to believe that the bulk of the stock market impact from the coronavirus …read more […]

Michael Isikoff, Chief Investigative Correspondent at Yahoo News, joins the On The Move panel to discuss the reaction of the government and the public to the spread of the coronavirus. …read more […]

The novel coronavirus outbreak will likely bring the U.S. housing market to a halt, according to one economist. …read more […]

House Representatives Ayanna Pressley (D-MA) and Ilhan Omar (D-MN) are proposing to cancel $30,000 in student debt to help borrowers adversely affected by the coronavirus, or COVID-19. …read more […]

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Amanda Agati, PNC Chief Investment Strategist, joins Yahoo Finance’s Alexis Christoforous, Brian Sozzi, Sibile Marcellus and Ines Ferre to discuss how the markets are doing amid the coronavirus outbreak. …read more […]

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […] …read more […]

Everyday investors could have lost 30% or more during the coronavirus crash depending on how they’ve invested. It can be hard to look at the numbers. …read more […]

Top exporter Saudi Arabia has chartered an armada of ships to flood the market with additional oil, but in the process has driven freight costs so high refiners are reluctant to take the shipments. Following the failure to persuade Moscow to support deeper output cuts at a meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+ early this month, Saudi Arabia said it would increase output to record levels in a fight for market share. Shipping industry sources say Saudi Arabia has booked as many as 25 supertankers and provisionally chartered another …read more […]