Month: February 2020

Tuesdays are supposed to mark turnarounds in the market, moving in the opposite direction after a big move on Monday. Not this time! After cratering 112 points on Monday, the S&P 500 (SPY) fell another 98 points, with a two-day decline of 6.3%. That’s the largest two-day loss since August 2015. The most recent two-day decline of over 6% was when the market was correcting after its parabolic move from late 2017/early 2018. …read more […]

As the coronavirus outbreak continues to spread around the globe, many people are buying surgical face masks to protect themselves. But simple surgical won’t protect people from the virus. …read more […]

The White House is considering appointing a coronavirus Czar, to coordinate a response to the outbreak, according to Politico. Yahoo Finance’s Anjalee Khemlani joins Seana Smith on The Ticker to discuss the details and the latest cases being reported in America. …read more […]

I grew up in the 1960s. It was a different era. People still believed technology could fix our biggest problems and serve our greatest needs. As a teenager, I believed it more than most. And with good reason.
I was 16 when American astronauts landed on the moon. It was an awe-inspiring moment that captured the imagination of the entire nation.
And space travel wasn’t the only big technological breakthrough during my teenage years.
In 1967, a South African doctor performed the first successful heart transplant. Microwave ovens were introduced to consumers in 1967 too. Two years later, the first Single-Chip Microprocessor (the …read more […]

Over the past three days, the Wuhan coronavirus panic has caused the oil market – along with countless others – to nosedive.
But I’m not expecting crude to rebound sharply with the others…
The reason? It goes back to how the U.S. innovated its way into oil independence – and drove OPEC to the brink.
Leaving OPEC in the Dust
For decades, OPEC controlled world oil prices. The U.S. had to import nearly all of its crude oil.
From 2000 through 2010, U.S. crude oil production averaged only about 5.5 million barrels per day (bpd).
But at about the same time, U.S. petroleum engineers developed a …read more […]

There is no truth to the report, a source close to the company said, while Nokia declined to comment. The company, which competes with Ericsson and Huawei [HWT.UL] for 5G network equipment, said in February it expects intense competition to continue in 2020, as rivals seek to grab market share. 5G networks are at the center of a brewing technology war between United States and China, as they are expected to host critical functions including driverless vehicles, smart electric grids and military communications. …read more […]