“ “If you don’t have tail coverage, I suggest that not being in the market we face great uncertainty.” “ That is the author of “Black Swan: The Impact of the Highly Unlikely”, Nassim Nicholas Taleb, who offers his point of view on the risks that arise in the market …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, record coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average fell 534 …
Read More »The Dow is falling as consumer spending disappoints
Text size People wait in line in front of a New York City bank in late May. fake pictures Weaker-than-expected economic data, an increase in coronavirus cases and an unfavorable result for banks in Thursday’s Federal Reserve stress tests left the market lower on Friday. The Dow Jones Industrial Average …
Read More »Why is a strategist really encouraged by an increase in new cases of US coronavirus?
It is only the nature of the market that the coronavirus pandemic has forced all fund managers and analysts to become hobbyist epidemiologists. So here are some of the thoughts from COVID-19 by Christopher Wood, global head of capital strategy at Jefferies. In fact, he is encouraged by the latest …
Read More »CDC Estimates 10 Times More Cases of US Coronavirus Than Reported
WASHINGTON – US officials estimate that 20 million Americans have been infected with the coronavirus since it first came to the United States, meaning that the vast majority of the population remains susceptible. Thursday’s estimate is about 10 times more infections than the 2.3 million confirmed cases. Officials have long …
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