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 […]
Americans are saving more. We’re holding more cash and moving to safer assets, like bonds and gold. But here’s why you should avoid bond funds – and do this instead. We’re going to look at both types of bonds: investment-grade and junk bonds.
From Baltimore – Thanks to the coronavirus crisis, Americans are saving more than they have at any time since 1981. The U.S. Bureau of Economic Analysis reported last week that the savings rate surged to 13.1% in March, up from 9% in February. Collectively, we’re now holding more than $2.2 trillion in savings.
That would seem to be a …read more […]
Shake Shack’s first-quarter earnings beat expectations, but sales fell short of estimates amid the COVID-19 pandemic. …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […] …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 […]
Fired Amazon warehouse worker Chris Smalls said an engineer’s departure “speaks volumes” about Amazon’s failure to protect workers. …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 […]
Warren Buffett announced that Berkshire Hathaway sold its entire position in the U.S. airline industry, amid growing concerns about the coronavirus. CFRA Research Equity Analyst Cathy Seifert joins Yahoo Finance’s Seana Smith to discuss. …read more […]
May.04 — Tesla Inc. Chief Executive Officer Elon Musk listed two of his California homes for sale Sunday, days after announcing that he would get rid of most of his possessions. Bloomberg’s Dana Hull reports on “Bloomberg Markets.” …read more […]
During the Berkshire Hathaway Annual Shareholders Meeting, Buffett spoke much of American history and how far the country has come since it was established in the 1700s. …read more […]
Investors are treating the U.S. equity market’s blistering rally with a dose of caution, socking away cash, staying on the sidelines or buying insurance against a reversal even as markets scream higher in the midst of the coronavirus pandemic. Fund managers and corporations have deployed over $1.1 trillion into money markets while the S&P 500 mounted a nearly 30% bounce from its March lows. …read more […]
There’s been a notable change in appetite for Tesla, Inc. (NASDAQ:TSLA) shares in the week since its first-quarter… …read more […]
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