“ ‘I don’t think we’re at the absolute bottom yet because the implications of this shutdown are incredible.’ ” — Mark Mobius Emerging-markets investing pioneer Mark Mobius made those remarks Tuesday in an interview with CNBC, putting him in the investing camp that expects an inevitable cascade of brutal economic …
Read More »Make it Cozy with A Market Bag
Something you may or may not know, is I try to either write down or make mental notes to common questions here on the blog or over on Instagram, or wherever we chat together. And one resounding question is people want quick little tips that aren’t always super intense to …
Read More »Key Words: Warren Buffett on the ‘one-two punch’ market panic: It took me 89 years to experience something like this
“ ‘It wasn’t October 1987, but it was an imitation… [and the financial crisis] was much more scary, by far, than anything that happened [on Monday].’ ” That’s Berkshire Hathaway BRK.A, +1.22% BRK.B, +1.48% boss Warren Buffett putting the market volatility — which he described as a “one-two punch” of …
Read More »Key Words: Goldman analyst who predicted the coronavirus would kill the bull market says ‘risk to the downside is greater’ despite Dow’s recent rally
“ ‘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 …
Read More »Greed takes over fear in the stock market, but don’t be lured into this short-lived rally
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 …
Read More »Need to Know: Here’s what a team of Citi analysts say will save the global economy — and the stock market
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 …
Read More »Market Extra: Dow faces crucial April test after coronavirus triggers largest first-quarter fall on record
April will pose a crucial test for stock-market investors looking for signs that the worst of the market carnage triggered by the global COVID-19 pandemic is past, as the outbreak continues to claim lives and promises historic, near-term economic pain. Bears contend the sheer uncertainty surrounding the impact of the …
Read More »Market Snapshot: U.S. stock-index futures slump as investors keep focus on coronavirus numbers
Stock-index futures fell Sunday, pointing to a lower start for Wall Street on Monday, as the number of coronavirus cases and deaths continues to rise and investors brace for data in the week ahead expected to underline the sharp economic toll of the pandemic. Futures on the Dow jones Industrial …
Read More »Market Extra: These indicators suggest a stock-market bottom, but coronavirus fears could send the S&P 500 swooning again
U.S. stocks staged an impressive rebound in the past week as the Federal Reserve and Congress have delivered unprecedented fiscal and monetary stimulus aimed at dampening the blow the coronavirus epidemic has dealt to the U.S. economy. The question investors must now ask themselves is whether or not the equities …
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