Over the several trading days, we've seen an unprecedented number of companies rescind their earnings guidance in response to the coronavirus and efforts across the globe to restrain its spread. We're seeing more of the same today.
Over the several trading days, we've seen an unprecedented number of companies rescind their earnings guidance in response to the coronavirus and efforts across the globe to restrain its spread. We're seeing more of the same today.
No other month since 1985 has had nearly as many of the largest one day moves as March 2020 – October 2008 and October 1987 tie for second which each month owning five.
No other month since 1985 has had nearly as many of the largest one day moves as March 2020 – October 2008 and October 1987 tie for second which each month owning five.
No other month since 1985 has had nearly as many of the largest one day moves as March 2020 – October 2008 and October 1987 tie for second which each month owning five.
March has proven quite the month for investors’ nerves, but rattled as they may be, they have largely held on to their ETF positions through the ups and downs.
Where many investors go astray is that they believe recession is an indicator that the market will decline. What they need to realize, however, is that the equity market is a leading economic indicator as opposed to a trailing economic indicator.
Where many investors go astray is that they believe recession is an indicator that the market will decline. What they need to realize, however, is that the equity market is a leading economic indicator as opposed to a trailing economic indicator.
This week we end the March quarter and kick off the June one, which means that before too long, companies will begin reporting their March quarter results.
There’s a saying, “what goes up must come down.” The thinking is, given how quickly the stock market has fallen, there’s now the expectation that it should rebound just as fast. But will it?
After a three-day rally, stocks pulled back on Friday, killing (some) hope that the bottom has been reached. But I don't think Friday’s decline -- which has become the trading norm -- is enough evidence to say one way or another that we have not bottomed.
China has been the highest contributor to global economic growth for more than a decade. The capitalist market reforms introduced by Deng Xiaoping in 1978 paved the way for its impressive growth journey.
Prableen Bajpai
Checked
13 minutes 27 seconds ago
This feed is responsible for generating the rss feed related to the topic nasdaq original