Although the market action recently seems crazy, and the selloff has been dramatic, markets are doing what markets do best. Providing liquidity and estimating future valuations.
Although the market action recently seems crazy, and the selloff has been dramatic, markets are doing what markets do best. Providing liquidity and estimating future valuations.
As Congress races to draft proposals for aid packages that will attempt to lessen the economic blow caused by the reaction to Covid-19, there are calls from some companies and industries for some of the available money to go to them in the form of bailouts
Zoom Video Communications (ZM) has been on a tear amid the Coronavirus outbreak. Over the past month, Zoom stock has risen 20%, while the S&P 500 has plunged 30%.
Yesterday's enthusiasm was short-lived as US stock market futures have fallen so hard, the trading halt was triggered again; this has become the new normal.
The most amazing record broken was not in the stock market, however. It was the long-standing record in what’s perhaps the longest-running price series in financial history: the gold/silver ratio.
While a market collapse such as we have seen over the last few weeks is both worrying and damaging to every investor, the fact is that it also brings with it some opportunities.
Investors continue to grapple with the economic impact of the fast-spreading coronavirus global pandemic. The current stance seems to be “sell first, ask questions later.”