And why one economist says the U.S. is more than likely to see a double-dip recession as coronavirus cases spike heading into flu season.Read More
One of the interesting threads that comes out of periods of market volatility is a wave of investor rotation into “defensive” sectors, which usually includes Utilities, Consumer Staples and other pockets of the market that investors tend to think of as safe havens when market uncertainty is high. Another favorite topic analysts seem to like […]Read More
Plus, 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 More
Over the last week, the market has been set on pushing to new higher highs, with the Nasdaq setting a new all-time high at the beginning of this week and the S&P 500 breaking above its last pivot high in May. The start of a new earnings season seems to have lifted investor sentiment, as […]Read More
Plus, the National Bureau of Economic Research officially declared the coronavirus recession began in February, Signet Jewelers shares are down after reporting earnings, and shares of an electric truck maker with no revenue jumped more than 100% yesterday.Read More
We’re in “a brutal recession,” and it may take a while for the market to recover amid the coronavirus pandemic. Here’s what one expert says to expect.Read More
The current market “is like no other” in U.S. history and it’s fate—and that of the U.S. economy—may depend on what happens in the next 45 days. Here’s why.Read More
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