A century after winning the right to vote and in the midst of a pandemic, female fund managers are outperforming their male colleagues on Wall Street. That is according to a team of equity strategists at Goldman Sachs, who crunched the numbers in honor of 2020, which marks the 100th …
Read More »Coronavirus update: Global cases of COVID-19 edge closer to 14 million as U.S. sets record case tally, Brazil tops 2 million
The number of confirmed cases of the coronavirus illness COVID-19 edged closer to 14 million on Friday, as the U.S. counted a record number of cases in a single day and regions around the world resumed restrictions on movement in a battle to contain the spread. Brazil’s case tally rose …
Read More »Europe Markets: Stocks in Europe edge lower ahead of Bank of England decision as virus fears linger
European stocks drifted lower Thursday, continuing a choppy week in which markets waver between optimism on signs of improving economic activity and worries that the coronavirus is still spreading. After two days of gains, the Stoxx Europe 600 SXXP, -0.15% slipped 0.4%. The German DAX DAX, +0.11% , the French …
Read More »Vitaliy Katsenelson’s Contrarian Edge: Advice for the coronavirus crash: ‘You make most of your money in a bear market; you just don’t realize it at the time’
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 …
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