The ninth surprise rate cut in history is the second due to the coronavirus In a dramatic and emergency action to support the U.S. economy during the coronavirus pandemic, the Federal Reserve announced it would cut its target interest rate to near zero. And it announced it on a Sunday. While the Fed was scheduled …
Monday, March 16, 2020 – Once again, markets are rapidly moving this morning as the U.S. Federal Reserve announced a second emergency rate cut to zero on Sunday in conjunction with Central Banks around the world. Chairman Jerome Powell announced that Monetary Policy had run its course and that a Fiscal Stimulus is needed to …
THE CORONAVIRUS BEAR OFFICIALLY KICKS THE 11–YEAR OLD BULL OUT OF WALL STREET Weekly Market Update — March 13, 2020 This was a week a week to remember, as all kinds of records fell, volatility came roaring back, Treasuries were all over the board, oil plummeted, a pandemic was declared, President Trump announced a national …
As global markets continue their roller coaster ride due to fears surrounding the coronavirus, our most recent bull market officially turned into a bear market. But what does that mean? And are we on the verge of another recession like the one we had in 2008? In light of all these concerns, today …
What You Need To Know About Recessions And Bear Markets Read More »
The markets saw another volatile week and bounced around with seemingly little conviction as to which way they were headed When the final bell tolled on Friday, the 30–stock DJIA was up 1.8%, the broad, but still, large-cap S&P 500 gained 0.6% and the tech-laden NASDAQ inched forward to a 0.1% gain The smaller–cap Russell …
FED STEPS IN AMIDST CONTINUING CORONAVIRUS WORRIES Read More »
MARCH 2020 – PDF Version
The Oracle of Omaha sharing his wisdom from the heart of America Berkshire Hathaway has been an overwhelmingly successful company and its CEO, Warren Buffett, is arguably one of the greatest investors of all time. In the more than five decades that Warren Buffett has controlled …
Unique Nuggets from Warren Buffett’s 2020 Letter Read More »
Weekly Market Update — March 3rd, 2020 The U.S. stock market suffered its worst week since 2008 as all the major U.S. indices entered into correction territory The DJIA suffered the most, giving back 12.4% on the week, but the S&P 500 fell 11.5% and NASDAQ surrendered 10.5% on a very volatile week Equities were …
World stock markets were hammered on Monday, February 24th as investors headed for the exits because of rising coronavirus worries, especially an unexpected surge in infections outside of China, mainly Italy and South Korea. Wall Street suffered its worst loss in 2 years on Monday, as investors …
MARKETS RETREAT AS CORONAVIRUS WORRIES INTENSIFY, PUSHING THE 30–YEAR TREASURY TO ITS ALL–TIME LOW Weekly Market Update — February 25th, 2020 The tech–laden NASDAQ and the broad, large–cap S&P 500 both hit new closing records this week, but trailed off toward the end of the week and finished in the red NASDAQ lost the most …
MARKETS RETREAT AS CORONAVIRUS WORRIES INTENSIFY Read More »