Today the markets are focused on a potential oil production cut and improving coronavirus data out of Europe, despite worsening conditions in parts of Asia and the US Surgeon General's warning that this week will be the "hardest and saddest" for America
On Friday we got a glimpse of the anticipated devastation of economic activity the coronavirus pandemic can cause from the March jobs report which by all accounts was abysmal. And that’s putting it mildly.
The simple fact is that this morning’s jobs report meant nothing in the immediate sense, and the market’s complete lack of reaction was perfectly logical. Here's why.
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The volatility we’re currently seeing in this market is enormous and marks a huge change from what feels like a very short time ago. Just look at this chart of SPY and it’s easy to see how things have so dramatically changed.
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Among the industries that are slowly being transformed by blockchain technology — from financial services to healthcare — there is one particularly lucrative sector that has made notable headway in its journey toward distributed ledger adoption in recent days.
The coronavirus pandemic requires not just an outreach of phone calls, emails and video chats but also carefully constructed messaging that helps advisors truly connect with their clients and prospects
All over the world, people are shutting down and shutting themselves in. It’s for the greater good, but it’s still tough to see and feels like the sky going dark.
If you are looking at an overall loss in your account of around twelve percent in the worst quarter in stock market history, the theory of holding a diversified portfolio has worked.
The past month has been pretty extraordinary. But there are signs that the market is starting to act more rationally and waiting on new data to see whether valuations are oversold, or need to be ratcheted down some more.