By Jon D. Markman On June 26, 202003:15 PM Eastern
Investors are driving stocks down Friday, with Wall Street lurching toward losses for the week after receiving a round of grim updates about the spread of COVID-19 in the United States.
Nearly...
By Tony Sagami On June 26, 202001:32 PM Eastern
Don’t worry about the silly pandemic (sarcasm alert), the monetary calvary — aka the Federal Reserve — has risen to the rescue. The Fed has spent trillions to prop up the stock market…and it has...
Which would you rather do: Bet on a stock that’s popular and “sexy,” but that loses you money? Or target one that may be “boring”, but that makes you a nice chunk of income?
I thought so! That’s...
By Jon D. Markman On June 26, 202006:28 AM Eastern
Stocks swarmed broadly higher on Thursday, driven by financial stocks after regulators eased some rules on banks that were put into place after the global financial crisis.
The Dow opened...
By Jon D. Markman On June 25, 202003:11 PM Eastern
Stocks are swirling around the unchanged line today after weekly jobless claims came in higher than anticipated and as COVID-19 infections continued to climb, with the choppy session suggesting...
By Jon D. Markman On June 25, 202006:28 AM Eastern
Stocks plunged Wednesday as surging new COVID-19 cases sparked concerns over new government shutdowns just as measures meant to curb the spread of the respiratory disease were being eased.
The...
By Jon D. Markman On June 24, 202003:01 PM Eastern
A selloff in U.S. stocks accelerated today after three states on the east coast said they are imposing restrictions on out-of-state travelers as COVID-19 cases continue to rise throughout the...
By Mike Larson On June 24, 202003:01 PM Eastern
“Everything is expensive.”
That’s how a Longview Economics strategist recently described this environment.
Why? Because more than 80% of the markets his firm tracks are overpriced — the most...
By Sean Brodrick On June 24, 202010:15 AM Eastern
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the center cannot hold;
Mere anarchy is loosed upon the world
—WB Yeats
“The Second...
By Jon D. Markman On June 24, 202006:28 AM Eastern
Stocks stormed higher again Tuesday, aided by housing and manufacturing data that signaled improvement in the world’s largest economy, which fell into recession earlier this year.
The Dow Jones...