By Mike Larson On March 24, 202008:00 AM Eastern
The numbers are staggering.
An unemployment rate of up to 30%?
A GDP plunge of as much as 50%?
Up to THREE MILLION Americans filing for unemployment claims in a single week?
These are the...
By Jon D. Markman On March 24, 202006:28 AM Eastern
Stocks were hammered again Monday as Wall Street waited for Washington to deliver massive fiscal stimulus measures and worried about new warnings by brokerage analysts that second-quarter economic...
By Tony Sagami On March 23, 202004:00 PM Eastern
There’s no sugarcoating how painful the last month has been for investors. All the major indices — Dow Jones, S&P 500, Nasdaq and Russell 2000 — have fallen into a bear market.
Worse still?...
By Jon D. Markman On March 23, 202003:05 PM Eastern
Stocks were hammered back to session lows Monday afternoon as Wall Street waited for Washington to deliver stimulus measures to help American workers hurt by the covid-19 pandemic. Investors were...
The wild swings in this market are continuing. The dueling catalysts? Additional, aggressive monetary policy action by the Federal Reserve combined with ongoing dithering over fiscal policy by...
By Sean Brodrick On March 23, 202011:15 AM Eastern
You already banked half gains on your ProShares UltraShort Russell2000 (NYSE: TWM). Now, it’s time to grab the other half. The Fed is trying to jump-start a bounce, and they might succeed.
If...
By Martin D. Weiss, Ph.D. On March 23, 202009:35 AM Eastern
Weiss Ratings founder Martin Weiss gives you a play-by-play roadmap for the next phase of this crisis, along with an emergency plan for complete financial safety.
We stand at a very unique...
By Jon D. Markman On March 23, 202006:28 AM Eastern
Stocks plotzed again on Friday as states widened restrictions on residents to stem the spread of covid-19 and investors expressed fear that the world economic order is disintegrating. (And they’re...
By Juan M. Villaverde On March 20, 202005:23 PM Eastern
Last week, the big story was the flash crash that crushed crypto markets by 50%.
This week, it’s the upward eruption in prices that naturally follows when the crash is totally out of synch with...
By Jon D. Markman On March 20, 202002:55 PM Eastern
Stocks turned mostly weaker in afternoon trading Friday as states widened their restrictions on residents to stem the spread of COVID-19.
Consumer staples shares are down 3.5%, leading losses on...