Month: March 2020

Have you ever marveled at someone who is absolutely calm in the face of chaos?
Captain Sullenberger, the US Airways captain who landed his failing plane in the Hudson River, is probably the greatest recent example of that…
Or Muhammad Ali, leaning back against the ropes in Zaire while 60,000 fans screamed and George Foreman – one of the hardest punchers in boxing history – threw murderous punches at his head and body.
All the while, Ali knew Big George would tire himself out. The Greatest would get him shortly after…
Their cool and focused minds led to the best possible outcomes in what …read more […]

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Stock futures opened higher Monday evening and recovered some losses as market participants anxiously awaited further fiscal stimulus from policymakers to combat the economic fallout from the coronavirus pandemic. …read more […]

The Mexican government said on Monday that local residents voted by about 76% to reject the completion of a more than $1 billion brewery under construction by Constellation Brands Inc , a development likely to further shake investor confidence. President Andres Manuel Lopez Obrador backed the weekend vote in the northern city of Mexicali, as he has in other high-profile projects including a partially built airport, as an exercise in local control. Constellation’s shares tumbled 12% on Monday to close just above $105, down from a previous high of $208 on Feb. 20. …read more […]

Yahoo Finance’s Myles Udland and Jared Blikre break down the day’s market action in stocks and bonds. …read more […]

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Coronavirus developments, new homes sales data and Nike earnings will take centerstage Tuesday. …read more […]

Pershing Square has put “around $2 billion” in the stock market, Bill Ackman tells Yahoo Finance. …read more […]

Americans are practicing “social distancing.”
We’re working remotely and avoiding crowds.
“It’s time to hunker down,” we’re told.
The question is, for how long?
Investors – especially those near or in retirement – need to know when the markets will recover.
Because time is of the essence.
Well, the wait may not be as long as you might think.
The Bears Rolling in Money
At my local grocery stores, the shelves are bare.
Even the never-ending pantry at AmazonFresh is out of household items.
But the true nod to the panic that’s unfolding is, in the wake of the Great Toilet Paper Shortage of 2020, bidet sales are skyrocketing!
As the …read more […]

Television mogul and comedian Byron Allen sharply criticized a U.S. Supreme Court decision on Monday that sided with Comcast. …read more […]

The oil price war is severely restricting Venezuela’s ability to fund vital services and security, weakening the already tenuous hold of President Maduro on power …read more […]

Although not coined during the 2007-2008 financial crisis, the term “too big to fail” was used heavily at the time, as banks and multinational corporations were handed a lifeline in bailouts on account of their size. The term has been bandied about again recently, as Boeing (BA), one of the travel industry giants, is staring precipitously over the cliff’s edge.Boeing shares are down by nearly 70% year-to-date, as investor concerns about liquidity have sent the stock price under $100 for the first time since 2013.Along with the energy sector, travel has taken the heaviest punch since the coronavirus began decimating …read more […]