Trading Ideas
Dow 15,000 very likely as coronavirus pandemic hits U.S. economy: strategist
The coronavirus pandemic isn’t done yet, bringing pressure to the stock market, pros say. …read more […]
Month: April 2020
Trading Ideas
Banks were not prepared for flood of small business coronavirus loan applications
Banks were supposed to start processing loan applications on Thursday at midnight from small businesses under the $349 billion Paycheck Protection Program, but they weren’t prepared for the onslaught. …read more […]
Trading Ideas
3 Cannabis Stocks Set to Thrive Through the Global Shutdown
Despite the economic shutdown in large parts of North America, all of the initial reads on the cannabis sector have surprisingly been positive. Due to the medical cannabis aspects of the sector, most retail stores have been deemed essential allowing for the stores to remain open.Consumers from the U.S. and Canada have flooded retail stores and online websites to buy up cannabis products due to fears of and economic shutdown and potential store closures. Oddly though, the stocks haven’t generally rebounded despite positive sector trends as 2020 starts.Areas from California and Washington saw sales jump approximately double during the period …read more […]
Trading Ideas
Here’s the difference between jobless claims and the unemployment rate
In the latest edition of Yahoo U, Yahoo Finance’s Brian Cheung joins the On The Move to break down the difference between jobless claims and the unemployment rate. …read more […]
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Companies to Invest in NOW: Post-Pandemic Standouts
The post Companies to Invest in NOW: Post-Pandemic Standouts appeared first on Investment U. …read more […]
Trading Ideas
A New Way to Think About Retirement Income
Investors who focus on income first and foremost often make poor investment moves.
Today, Alexander Green explains why liquid securities offer the best wealth protection during this crisis – and in retirement in general.
Editor’s Note: We know this is a stressful time for investors, and we’ve got your back. We’re sharing weekly videos from Alexander Green and Nicholas Vardy, along with updates from many of our other strategists. Be sure to like The Oxford Club’s Facebook page and subscribe to our YouTube channel, and you can check out Alex’s newest video here: “Making Smart Investments During a Market Meltdown.”
– Christina Grieves, …read more […]
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Hell is Coming and We Sold Out Our National Security For A Few Dollars
I am furious and frustrated. Once the greatest country on the face of this planet, the United States is going hat in hand to China, begging for a few respirators and masks. Anthony Fauci and the CDC know that nearly half of the infected people show no symptoms and stealthily spread the new coronavirus, yet […] …read more […]
Trading Ideas
‘This is way worse than anything we saw in the Great Depression’: Economist
The Department of Labor released its monthly jobs report on Friday, showing a loss of 701,000 jobs. KPMG Chief Economist Constance Hunter shares her take on the report with the On The Move panel. …read more […]
Business News
Brent crude jumps above $33 on hopes of oil output deal
Crude futures surged for a second day on Friday, with benchmark Brent up 11% on hopes that a global deal to cut crude supply worldwide will emerge early next week.
Business News
Deep oil output cuts won’t offset unprecedented demand loss: IEA
Deep output cuts by OPEC and other oil producing nations will not prevent a huge build up of crude, the head of the IEA said on Friday, urging the world’s richest economies to discuss broader ways to stabilise oil markets.
Business News
Global stocks edge lower on economic toll from coronavirus; oil rallies
Global stock markets sank on Friday following more signs that the COVID-19 pandemic would take a massive toll on economic growth, while oil prices continued to rally on hopes of a cut to global supply.
Business News
Wall Street falls as coronavirus ends record job growth
Wall Street’s main indexes fell on Friday as the longest period of employment growth on record in the United States came to an abrupt end, with data showing that hundreds of thousands of people lost their jobs last month due to the coronavirus.