What will stand in the way of market gains? Clearly, it’s not bad news about COVID-19, as investors try to see the silver lining in these uncertain times. Take this chart that shows how Arizona cases have started to flatten, by Pantheon Macroeconomics, which expects that state to respond earlier …
Read More »Here’s a ‘remarkable’ difference between COVID-19 and the 1918 Spanish Flu
The 2020 coronavirus and the 1918 Spanish influenza pandemics share many similarities, but also diverge on one key point. “A big difference between the Spanish flu and COVID-19 is the age distribution of deaths,” according to Deutsche Bank DB, + 4.40%. “For COVID-19, the elderly have been overwhelmingly the most …
Read More »Will China’s epic 5.7% stock market collapse collapse on itself like 2015?
The fiercest surge in China’s stock market in years has left investors wondering whether the bull run for equities may last or fade away in disappointment. The sudden surge in China’s markets came as a result of several articles in the state media announcing the arrival of a new bull …
Read More »The stock market is poised for a 40% drop, warns the economist who says the current climate looks a lot like 1929
“ “I think we have a second tranche and that is very reminiscent of what happened in the 1930s, where people appreciate the depth of this recession and the disruption and how long it will take to recover.” “ That’s A. Gary Shilling, a longtime economist and president of A. …
Read More »Don’t fear a loss from Trump: a Biden victory could be positive for these actions, says JPMorgan
The holiday weekend has done nothing to stem the positive momentum in US stocks. Strong US employment data boosted investors on Thursday and futures are higher early Monday, implying a gain of 350 points for the DIA Jones Industrial Average DJIA, + 0.35% out in the open. But coronavirus cases …
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