If this scenario were to play out, it could be very bad news for the market. Here’s why investors need to have this big risk on their radar now.
Read MorePlus, Tesla shares are down ahead of the electric vehicle maker’s Battery Day event, Carvana shares are up after it said it expects to post records in multiple categories when it announces third quarter earnings, and Coca-Cola is entering the hard seltzer space next year.
Read MorePlus, Atlanta Fed President Bostic urged Congress to pass additional fiscal support for the U.S. economy, Herman Miller shares surged after the company’s blowout earnings report, and Beyond Meat shares are down following a downgrade.
Read MorePlus, the Fed wraps up its last meeting before the presidential election today, U.S. consumer spending slowed in August, and Eli Lilly said its antibody treatment for the coronavirus appeared to reduce hospitalization rates in a trial.
Read MorePlus, Japanese Prime Minister Shinzo Abe is stepping down, House Speaker Pelosi said Democrats and Republicans are at a “tragic impasse” on coronavirus relief negotiations, Abbott Laboratories inked a deal with the U.S. government for 150 million of its rapid coronavirus antigen test.
Read MoreThe coronavirus could throw a wrench into the economic recovery this fall.
Read MorePlus, Fed Chairman Powell announced a move to “average inflation targeting,” initial jobless claims again came in above 1 million, and Amazon is getting into the wearables market.
Read MorePlus, Moderna said its coronavirus vaccine candidate showed a promising immune response in older patients in an early trial, Kansas City Fed President Esther George warned of a double-dip recession, and McDonald’s has reportedly expanded the scope of its investigation against former CEO Easterbrook.
Read MoreHowever, the Minneapolis Fed president says one move could still pave the way to a stronger economic recovery.
Read MorePlus, the Fed wraps up its two-day meeting today, Sorrento Therapeutics has licensed a rapid coronavirus test, Boeing reported a loss in the second quarter, and L Brands announced it’s laying off 15% of its corporate workforce.
Read MoreAccording to this fund manager, gold could be heading much, much higher in the next few years. Here’s why.
Read MorePlus, the U.S. reported another record jump in new coronavirus cases, Gilead released positive results from an analysis of its remdesivir treatment in patients severely ill with COVID-19, United reached an agreement with its pilots union, and a top Apple analyst issued a new prediction.
Read MorePlus, retail sales jumped a record 17.7% in May, a sturdy from the University of Oxford showed a common anti-inflammatory drug proves to save lives among those sickest with COVID-19, and McDonald’s shares are slightly higher on improved sales in May.
Read MorePlus, the OECD warned that the coronavirus has caused the worst recession outside wartime in 100 years, Starbucks expects to lose $3.2 billion in revenue in its fiscal third quarter, and Taubman shares are down more than -20% after Simon Property Group said it is terminating its deal to acquire the luxury mall owner.
Read MorePlus, Dick’s Sporting Goods reported a 30% decline in same-store sales, and Stitch Fix is laying off 1,400 workers.
Read More