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By Jon D. Markman On March 4, 202006:28 AM Eastern
Stocks spun around like a windmill in a hurricane on Tuesday as investors spit on the Federal Reserve’s emergency 50-point rate cut for being too little too late or too much too soon, depending on...
By Jon D. Markman On March 3, 202003:10 PM Eastern
Stocks extended losses Tuesday afternoon. Financial shares lead the decline as the Federal Reserve chair said risks to the country’s economic outlook have changed “materially” in recent weeks,...
Just as we expected, the Federal Reserve has reacted to the coronavirus panic by cutting interest rates. It didn’t wait for its next scheduled policy meeting. Nor did it cut by a modest amount.
...
By Sean Brodrick On March 3, 202011:16 AM Eastern
My old friend Charlie Belida used to have a saying for weeks like last week on Wall Street: “When the paddy wagon comes along, it takes the good girls downtown along with the bad.”
That’s what...
By Mike Larson On March 3, 202010:57 AM Eastern
It’s time for more IMMEDIATE action in your Safe Money Report model portfolio.
Just as I expected, the Federal Reserve has reacted to the acute economic threat posed by the coronavirus by...
By Jon D. Markman On March 3, 202006:28 AM Eastern
Stocks returned to the land of the living on Monday — investors expressed hope that central banks would flood battered markets with liquidity and also appeared to evince relief that socialist...
By Jon D. Markman On March 2, 202003:10 PM Eastern
Stocks are rebounding and marching higher Monday, extending gains in the wake of sharp losses last week as investors expect central banks to work on softening the blow on global economies from the...
By Sean Brodrick On March 2, 202010:05 AM Eastern
I’m glad we added Etsy Inc. (Nasdaq: ETSY) on Thursday. It’s up and doing nicely. Again, I believe it can do even better if fears of the COVID-19 coronavirus get worse, driving people to do more...
By Jon D. Markman On March 2, 202006:28 AM Eastern
Stocks plunged again Friday en route to their worst weekly decline since the global financial crisis as investors worried about how deeply the coronavirus outbreak will hurt economic growth...
By Jon D. Markman On February 28, 202003:05 PM Eastern
Stocks cratered again Friday and are on track for their worst weekly decline since the global financial crisis as investors worried about how deeply the coronavirus outbreak will hurt economic...