The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally if the coronavirus were vanquished. President Donald Trump has said that, due to pent-up demand, the economy will eventually “pop back like nobody’s ever seen before.” Regardless of your political views, …
Read More »Metals Stocks: Gold loses ground as optimism over potential coronavirus treatment, reopening of economy dulls its haven appeal
Gold futures retreated Friday, with investors shunning haven assets amid early optimism over a drug that’s anecdotally shown potential to treat COVID-19 and the release of a road map to gradually reopening the U.S. economy. “Risk sentiment has been bolstered by U.S. President Donald Trump and reports suggesting a potential …
Read More »The Margin: Suffering insomnia over the coronavirus? Having strange dreams? Here’s what to do
The COVID-19 pandemic hasn’t just disrupted our waking lives; it’s wreaked havoc on our sleep, as well. More than one in five people (22%) say their sleep quality has suffered since the rise of the coronavirus that causes COVID-19, according to a new survey of almost 1,000 Americans conducted by …
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 »Key Words: Bill Gates on Trump call for quick end to lockdown: It’s tough to tell people ‘keep going to restaurants, go buy new houses, ignore that pile of bodies over in the corner’
‘There really is no middle ground, and it’s very tough to say to people, “Hey, keep going to restaurants, go buy new houses, [and] ignore that pile of bodies over in the corner. We want you to keep spending because there’s maybe a politician who thinks GDP growth is all …
Read More »Key Words: Trump touts ‘biggest stock market rise in history yesterday,’ but many investors believe worst isn’t over amid coronavirus panic
‘BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!’ President Donald Trump That is Trump on Saturday morning, referencing the Friday surge by the Dow Jones Industrial Average DJIA, +9.36% , the S&P 500 index SPX, +9.29% and the Nasdaq Composite COMP, +9.35% , which constituted the major equity benchmarks’ biggest daily percentage …
Read More »Market Snapshot: U.S. stock futures sink, suggesting the worst isn’t over for Wall Street
U.S. stock market futures fell sharply shortly after electronic trading began late Sunday, suggesting further losses when trading begins Monday, following the worst week on Wall Street since 2008. Dow Jones Industrial Average futures YM00, -1.24% fell more than 300 points, and S&P 500 futures ES00, -1.22% and Nasdaq …
Read More »Market Snapshot: What can Fed do to heal a coronavirus-stricken stock market that has seen $4.3 trillion in value vanish over past 7 sessions?
A historic week for the stock market ended with a big, fat question: What will the government and the Federal Reserve do about the coronavirus outbreak that threatens to decimate the longest-running bull market on record? The infectious disease, COVID-19, which reportedly originated in Wuhan, China, late last year, reached …
Read More »What I would choose all over again in our home {and those I wish I hadn’t!}
Can you believe we’ve been in our home almost two and a half years already? It feels like we’ve been here much longer…it felt like home even before we moved in. I forgot how long it takes to really get a new home the way you want it — not …
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