f it weren’t for the “Giant 5,” your money would have been better off in a savings account than the stock market over the past few years, according to Wolf Richter of the Wolf Street blog.
Tag Archives: markets-marketwatch
The Wall Street Journal: OPEC and allies set to ease oil output cuts, anticipating demand recovery
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns.
Capitol Report: Pelosi skeptical of limiting new round of virus checks to people making less than $40,000
House Speaker Nancy Pelosi said Thursday she was unconvinced of the need to limit eligibility for another round of coronavirus economic aid checks to people making less than $40,000 annually, an idea that’s been broached by a top Republican.
Autotrader: The best SUVs for less than $40k
Whether you want small or big, 2- row or 3-row, hybrid or conventional, a $40,000 budget can go a long way.
British grocers reject U.S. chlorine-washed chicken as row over welfare standards deepen
Several of the U.K.’s leading grocers have vowed never to sell chlorine-washed chicken and hormone-injected beef as the U.K. negotiates a free-trade agreement with th U.S.
The Tell: Goldman Sachs has done the math and a national mask mandate to halt the spread of coronavirus would have a big impact on the U.S. economy
Wearing a mask has become a uniquely hot-button issue in the U.S., which finds itself in the throes of viral pandemic that appears to be drifting out of control by the day.
NewsWatch: Trump claims only he can keep your portfolio afloat, but JPMorgan says a Biden win would be neutral to positive for stocks
The holiday weekend has done nothing to slow the positive momentum for U.S. stocks, with futures significantly higher on Monday
Key Words: James Carville says there’s a ‘significant chance’ Trump drops out of the presidential race
The Democratic strategist predicts Republican Senators like Mitch McConnell and Lindsey Graham will turn on Trump after Labor Day
Key Words: Fauci says Americans must do 3 things to win the battle against COVID-19
‘Now we’re seeing the consequence of community spread,’ said Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases.
Market Extra: Forget earnings season. What’s the rest of 2020 going to look like?
There will be very little useful guidance from U.S. corporations in the earnings reporting season starting mid-July on what the rest of 2020 will look like for the stock market and analysts are very divided on the outlook
Is Robinhood making money off those day-trading millennials? Well, yes. That’s kind of the point.
Brokerages make money by allowing companies called ‘market makers’ to act as middlemen between parties that want to buy and those that want to sell. It’s not nefarious, one long-time industry veteran notes, it’s how financial markets work – and work better.
Market Extra: Here’s why stock-market distress over spiking coronavirus cases is intensifying;
Flare ups of COVID-19 cases in the U.S. are delivering a fresh gut check to Wall Street’s bullish demeanor, since its unprecedented rebound from a coronavirus-ignited downturn back in March.
Biogen and Moderna shares show how biotech ETFs may look similar but act differently
Big shares of a losing biotech stock didn’t stop a pair of four-star-rated ETFs from moving higher Thursday. They may sound similar, but hold distinct investments once you look under the hood.
Europe Markets: European stocks rise on signs of loosening U.S.-China tension while Wirecard gets crushed again
European stocks pushed higher on Friday and were headed for a weekly gain after days of worries over rising coronavirus cases in parts of the world. Potential good news on the U.S.-China trade front was inspiring some gains.
London Markets: London stocks climb, lifted by gains for oil stocks
London stocks were set to end the week on a high note on Friday, as appetite for risk among investors helped boost global equities and oil prices, which in turn triggered gains for heavily-weighed energy companies.