A grizzly bear swims at pandemic hard-hit Oakland Zoo in California this summer. Getty Images A recent spate of stock drops, exacerbated by signs of a second wave of the coronavirus pandemic, is unsettling to say the least. The market selloff of last spring was brief, but brutal. Our call …
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With stock prices sinking fast, a client emailed me saying, “Your move, boss.” So here is our move: Especially in this coronavirus crash, we continue to seek out what we always look for globally — high-quality businesses that we can buy at a significant discount to fair value. We are …
Read More »The housing industry remains a silver lining for the United States economy as the rapid spread of coronavirus (COVID-19) continues. The 11-year bull market on Wall Street came to an end this week as the Dow Jones Industrial Average dropped to 20% below its peak, putting it into bear territory. …
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Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan’s Nikkei NIK, -4.41% closed down 4.4% and Hong Kong’s Hang Seng Index HSI, -3.52% fell 3.6%. The Shanghai Composite SHCOMP, -1.52% dropped 1.7% while the smaller-cap Shenzhen …
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