A grizzly bear swims at pandemic hard-hit Oakland Zoo in California this summer. Getty Images A recent spate of stock drops, exacerbated by signs of a second wave of the coronavirus pandemic, is unsettling to say the least. The market selloff of last spring was brief, but brutal. Our call …
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Catch-up trade? This past week hasn’t been so much about tech under-performing as everything else trying to catch up. Real estate ETFs (like XLRE) bounced on Monday. On Tuesday, it was utilities’ turn (XLU, VPU). Home builders (XHB, ITB) continued their year-to-date winning streak Wednesday after the release of an …
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MADRID — Just days away from the start of a new school year, Spain’s capital city rolled out fresh restrictions on Monday to cope with what’s becoming a relentless second wave of cases. But those measures — strict controls on the distance between seats rather than tables in food-service settings, …
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MARKETWATCH FRONT PAGE A recent survey by investment firm Jefferies indicates that the rise in coronavirus cases isn’t the central worry for investors. It’s the shape of the economic recovery that is the single-biggest factor by far for the investment community See full story. Doing this 30 minutes a day …
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There has been a yawning gap for some time between growth and value stocks, and the coronavirus pandemic has only widened the disparity. James Solloway, chief market strategist at investment manager SEI Investments, expects that to change — soon. “There are periods where leadership changes in a drastic and dramatic …
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The era of coronavirus has already been hard on the American psyche, but the CEO of the world’s largest asset manager cautions that everyone should brace for even rougher days ahead, as the U.S. attempts to emerge from the worst public-health crisis in more than a century. BlackRock’s Chief Executive …
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America is staring down a widespread COVID-19 testing shortage with no vaccine in sight. So what happens when coronavirus makes its unceremonious return? Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for more than three decades, said Wednesday, “We will have coronavirus in the fall. I …
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