The coronavirus outbreak is weighing on markets yet again, with stocks extending yesterday’s steep losses. Nomura Chief U.S. Economist Lewis Alexander joins Yahoo FInance’s Seana Smith on The Ticker to discuss what comes next. …read more […]
(Bloomberg) — The S&P 500 Index is already off more than 10% from a record, but traders are betting there’s more pain to come.Short interest as a percentage of shares outstanding on the $269 billion SPDR S&P 500 ETF Trust — a rough indicator of bearish bets on U.S. stocks — surged to 7.4% this week, according to data from IHS Markit Ltd. That just about matches the highest level seen over the last five years. And with the value of short bets around $20 billion, the dollar amount wagering on the S&P 500’s demise is close to a record.Traders …read more […]
(Bloomberg) — Treasury yields plummeted to record lows Friday as concern about the global economic and financial impact of the coronavirus spurred demand for havens, while questions swirled about liquidity in the world’s biggest debt market.U.S. securities rallied and long-bond rates notched their biggest intraday drop since 2009 as government debt around the world racked up further historic milestones Friday. At the short-end of the American yield curve traders amped up bets on further central bank easing this month. Other refuge assets also advanced, with the yen climbing and bund yields diving to unprecedented negative levels. A stronger-than-expected U.S. jobs …read more […]
The number of people infected with coronavirus surpassed 100,000 across the world on Friday as the outbreak reached more countries and intensified economic damage, with business districts beginning to empty and stock markets tumbling.
The United Nations has canceled meetings in Bonn, Germany, and elsewhere planned in the run-up to a crucial U.N. climate summit to be held in Glasgow, Scotland, in November due to the coronavirus outbreak, an official said on Friday.
(This corrects paragraph eight of March 4 story to quote UNCTAD report saying Honda’s output will be reduced in March, rather than plants closed, and deletes reference to Hyundai.)
Goldman Sachs ranked as the top adviser to companies targeted by activist investors in 2019, dethroning Morgan Stanley , which had held the top spot for three straight years, according to Refinitiv data published on Friday.
As the coronavirus continues to take its toll on markets, rumors are circulating that the Trump administration may assist certain sectors hit particularly hard by the virus. Heritage Capital President and CIO Paul Schatz joins Yahoo Finance’s Zack Guzman, Kristin Myers, along with CapitalistBook.com author Nathan Latka, to discuss. …read more […]
On Tuesday, the Fed announced an emergency 0.5% rate cut. It was a desperate move with a lot at stake.
The risk that we face is a potential drawdown (decrease in stock prices) of 50% or more. These events happen every 10 years or so, and they almost always coincide with the peak of debt bubbles.
And we’re very late in this credit cycle. We’ve piled up a truly incredible amount of debt.
A big drop in stock prices would send consumer spending plummeting. Companies would start having more trouble servicing their huge debt loads. And things could get gnarly for a while.
The …read more […]
The Federal Reserve may dive deeper into its toolkit to address economic fall-out as the coronavirus outbreak broadens, according to a former financial regulations policymaker. …read more […]
Mickey Fulp: Mercenary Geologist…bon vivant…raconteur extraordinaire…international man of mystery…shares his secrets for how you can make profitable speculations in resource exploration stocks, and his strategy for picking stocks that DOUBLE and become TEN BAGGERS. Plus: […]
Many Americans are shortchanging themselves. Being familiar with tax deductions and credits could cut thousands of dollars off your tax bill. …read more […]
If you’re an investor that doesn’t mind some risk, you may find yourself interested in tech penny stocks. These stocks have the potential to make you a lot of money. But they come with a lot of risk.
The list below offers high risk-to-reward investment opportunities. Some of the stocks might double or even triple your money in little time. But with that opportunity comes downside risk. I’ll cover tech penny stocks in more detail below, but first, here’s a list of the top tech penny stocks right now.
The Top Tech Penny Stocks Right Now
*Stock data from March 5, 2020
Company
Ticker
Exchange
Price – …read more […]
U.S. President Donald Trump signed an $8.3 billion spending bill which passed through both houses of Congress this week that will help fund the U.S. response to the coronavirus outbreak. …read more […]
Morgan Stanley is shifting part of its London-based sales and trading staff to a secondary site near Heathrow airport to ensure its trading desks can operate smoothly through the coronavirus outbreak, two sources familiar with the matter said.
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