The Market

A portfolio manager at one of London’s leading hedge funds has warned of a future haunted by “a more Soviet outcome” from countries defending their economies against the coronavirus. Tim Bond, partner and portfolio manager at Odey Asset Management, told MarketWatch: “Dog will no longer eat dog. Instead, all will …

Ben Bernanke, the former chairman of the Federal Reserve, is a scholar of the Great Depression, a background he put to use during the global financial crisis when he invented many of the emergency lending programs the central bank is now re-using. But he thinks the Great Depression is a …

“ ‘Risk to the downside is greater than the opportunity to the upside from this point where we stand today.’ ” That’s Goldman Sachs’s chief equity strategist, David Kostin, explaining during a CNBC phone interview on Tuesday that recent enthusiasm for stocks don’t necessarily constitute an all-clear signal for bullish …

In short order, greed in the stock market has mostly taken over fear after reports of slowing new coronavirus cases in New York and Europe. Is it prudent to chase the rally? The answer is “no” without knowing where you belong in the protection band. (More on that later.) The …

Messages of support and well wishes for a speedy recovery have been pouring in from across the political divide as well as from political leaders around the world after British Prime Minister Boris Johnson was moved to intensive care late Monday as his coronavirus symptoms “worsened.” Johnson, 55, had been …

With the number of COVID-19 deaths flat two straight days and new hospitalizations falling, New York is possibly entering the pandemic’s apex, said Gov. Andrew Cuomo on Monday. However, he stressed that New Yorkers need to practice better social distancing and extended the state’s lockdown until at least April 29.  …

If you’re one of the 6.6 million Americans who filed for unemployment benefits last week there’s a good chance you’re anxiously waiting for a check to arrive in the mail. In the meantime, you might consider taking on gig work. What you may have given less consideration to is how …

There have been better quarters. The S&P 500 SPX, -1.51% dropped a precise 20% in the January-to-March period, the worst showing since the fourth quarter of 2008 and the ninth worst three-month era on record. The blame can be pinned on COVID-19, which has resulted in 861,305 cases globally and …

Oil futures headed lower Sunday evening in electronic trade after a key meeting between oil giants Saudi Arabia and Russia was tentatively shifted to Thursday instead of Monday, amid rising tensions between the world’s biggest oil producers over the weekend. The Organization of the Petroleum Exporting Countries and its allies, …