Stocks rally as small-business relief clears Senate, oil soars

Which sectors will perform best, worst as coronavirus continues? Chief investment strategist at Charles Schwab Liz Ann Sonders joins Barron’s markets editor Ben Levisohn, Barron’s reporter Carleton English and Barron’s associate editor Jack Hough to discuss which economic indicators investors should watch for. U.S. equity markets are on track to snap a two-day skid after a $483 billion coronavirus aid package […]

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Gas prices to stay cheap after coronavirus slide

National gas price average could drop to $1.50 per gallon: Analyst Patrick De Haan of GasBuddy argues the average gas price will continue to go lower. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below Not only are gasoline prices cheaper than they've been in years, thanks in part […]

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Stocks Are Finally Feeling the Fear That’s Hitting Other Markets

In the pandemic economy, financial markets have flashed confusing economic signals, muddied by monetary support, the trading impulses of the fast money, and ever-more complex infection data. But this week the message is loud and clear: the recession is hitting hard. After a stimulus-driven rebound for the S&P 500 Index, the chaos in oil markets is proving too much for […]

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Scaramucci rebuts report Citigroup cutting ties with SkyBridge

Anthony Scaramucci on SkyBridge suing Premium Point Investments Former White House Communications Director Anthony Scaramucci on SkyBridge Capital’s lawsuit against Premium Point Investments. SkyBridge Capital founder Anthony Scaramucci is pushing back against a report that Citigroup’s private bank is ending its relationship with his firm. Continue Reading Below The Wall Street Journal reported on Saturday that Citi made the move after SkyBridge’s flagship […]

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What is a bear market?

New York (CNN Business)Market volatility has reached epic heights in the past few weeks, so it’s tempting for investors to throw up their hands. Why not just ditch stocks and put money into cash in order to avoid big drops? That would probably be a mistake. Long-term investors need to ride out the inevitable bear markets — as painful as […]

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An ‘Epic Supply-Demand Battle’ Is Looming Across Bond Markets

In this article In coronavirus-rocked debt markets, a historic wave of government bond selling is meeting the biggest monetary buying program on record. But even as central banks unleash their trillions, the issuance spree across developed economies is proving far from smooth sailing. Bill auctions are struggling in Spain and France. Hedge funds are seeking ways to exploit supply-and-demand glitches […]

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United Airlines sees $2.1B loss as coronavirus hits growth hopes

Trump announces Treasury Department support for airline industry President Trump discusses how the Payroll Support Program will give economic relief to the airline industry. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below CHICAGO (Reuters) – United Airlines said on Monday it expects to report a pre-tax loss of about […]

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CLO Reckoning Arrives: Downgrade Wave Tests $700 Billion Market

As U.S. financial markets have rebounded feverishly this past month from the worst of the coronavirus-induced sell-off, one asset has been conspicuously absent from the rally: the collateralized loan obligation. Prices in key parts of the almost $700 billion market — which through large doses of Wall Street alchemy provides financing to companies with less-than-stellar credit scores — have remained […]

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A $1.2 Trillion Fund Says Skip Earnings Season, Buy U.S. Stocks

Jim McDonald is using all of his four decades of experience in financial markets to navigate the global pandemic’s impact for wealthy and institutional customers at Northern Trust Corp. His main message: be bullish on U.S. stocks. The huge policy response from American authorities and prospects for even more fiscal measures have left McDonald favoring the U.S. over others. For […]

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Thailand Corporate Profit Outlook Is Bleakest in Southeast Asia

Estimating and comparing companies’ results in the first quarter since the Covid-19 outbreak is more a guessing game than a science. By any measure, though, the outlook for Thailand Inc. is more bleak than for peers across Southeast Asia. Earnings predictions for companies in the MSCI Thailand Index have been slashed by 23% on average so far this year, the […]

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