Oil futures fell sharply Monday after a three-day weekend, with weakness attributed to concerns over the decision by the Organization of the Petroleum Exporting Countries and its allies to ease output curbs, along with indications more supply from Iran is making its way to market. West Texas Intermediate crude for …
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Investors’ goal is to make money consistently in all market conditions — amid rampant speculation, a good or bad economy, a pandemic, varied Federal Reserve policies. It’s time for investors who have made money in the stock market over the past decade to say thank you to the Fed. Now …
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The record surge in suddenly unemployed Americans likely grew by another 4 million last week to push the total to 25 million or more since the coronavirus pandemic shut down large parts of the U.S. economy a month and a half ago. Initial jobless claims in the seven days running …
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“ ‘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 …
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A portfolio manager at one of London’s leading hedge funds has warned of a future haunted by “a more Soviet outcome” from countries defending their economies against the coronavirus. Tim Bond, partner and portfolio manager at Odey Asset Management, told MarketWatch: “Dog will no longer eat dog. Instead, all will …
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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 …
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