Tag Archives: says

After recovering a chunk of the losses racked up during the worst of the coronavirus-induced selloff last month, the stock market finds itself at a crucial inflection point, writes Alan B. Lancz. “The next 45 days may just become the most critical period in U.S. financial history,” he wrote in …

Even in normal times, being an economic forecaster requires a multi-disciplinary approach. Not only do you need to understand the economic relationships, but you have to take all sorts of other variables into account: politics, finance, meteorology, psychology, supply-chain management and more. Add epidemiology to the list, as award-winning forecaster …

The head of the Office of Foreign Assets Control said Friday she wants to ensure that economic sanctions against foreign countries do not impede U.S. humanitarian relief for the COVID-19 pandemic, but the former director of the agency said the business community wants it to go further. The Treasury Department …

University of Chicago Medicine researchers said they saw “rapid recoveries” in 125 COVID-19 patients taking Gilead Sciences Inc.’s experimental drug remdesivir as part of a clinical trial, according to a Thursday afternoon report. Shares of Gilead Sciences Inc. GILD, +2.55% jumped 12.7% in after-hours trading on Thursday following the publication …

“ ‘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 …

Dr. Anthony Fauci on Monday tried to clarify comments he made in a Sunday interview about the Trump administration’s coronavirus response, and said he used a “poor choice of words.” At a White House news conference, Fauci, a health-policy adviser to Trump, said he wanted to clear up an answer …

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 …

Stay safe, MarketWatchers, and don’t miss these top stories: Personal Finance The CDC now says all Americans should wear masks — here’s a simple DIY approach When you can’t buy a mask, make it yourself. Should all Americans be wearing face masks to protect against coronavirus? The CDC now says …