Category S&P

Stock Market Selloff; Virus Aftermath Not Like A Hurricane – No Roofs Will Be Replinished Even If A Recession Is Avoided; Recovery Is Likely To Be U-Shaped, And Uncomfortably Long

Stock Market Selloff; Virus Aftermath Not Like A Hurricane – No Roofs Will Be Replinished Even If A Recession Is Avoided; Recovery Is Likely To Be U-Shaped, And Uncomfortably Long   https://fortunascorner.com      The title above is from Justin Lahart’s article, “Virus Aftermath Not Like A Hurricane,” in this weekend’s/March 7/8, 2020 Wall Street Journal. In his Heard On The Street column, Mr. Lahart […]

The DOW Had Its Worst Week Since 2008; Where To Find Cash-Rich Stocks In The Selloff; BioTechs Scrambling To Find A Coronavirus Cure

The DOW Had Its Worst Week Since 2008; Where To Find Cash-Rich Stocks In The Selloff; BioTechs Scrambling To Find A Coronavirus Cure   https://fortunascorner.com     The title above comes from Andrew Bary’s feature article in this weekend’s (Feb. 29/Mar. 1) Barron’s. After seeing $3.6T in losses by corporate America and stockholders, there are bargains galore. […]

The Selling Probably Isn’t Over; JP Morgan Revises China’s Q1 GDP Forecast To -4 Percent; Jeff Gundalach Says Market Pricing In A +50% Bernie Sanders Is Democratic Nominee For POTUS

The Selling Probably Isn’t Over; JP Morgan Revises China’s Q1 GDP Forecast To -4 Percent; Jeff Gundalach Says Market Pricing In A +50% Bernie Sanders Is Democratic Nominee For POTUS   https://fortunascorner.com   What a difference 3 days make.+ $2T in stock prices/equity wealth has been wiped out of the U.S. stock market since Monday. […]

Is It Time To Buy The Dip? Not Yet Says Allianz’s Mohammed El Erian; Companies In The Hunt To Develop A Coronavirus Vaccine, And What It Does/Doesn’t Mean To The ‘Winner’s’ Stock Price

Is It Time To Buy The Dip? Not Yet Says Allianz’s Mohammed El Erian; Companies In The Hunt To Develop A Coronavirus Vaccine, And What It Does/Doesn’t Mean To The ‘Winner’s’ Stock Price   https://fortunascorner.com      Yesterday’s +1,000 point DOW loss might have been painful; but, as a percentage, it was only a -3.56 […]

The Negative Economic Impact Of The Coronavirus On China’s Economy Will Be Profound; And Its Negative Economic Impact Will Be Felt Across The Globe, Says Mohammed El Erian, Chief Economic Adviser at Allianz

The Negative Economic Impact Of The Coronavirus On China’s Economy Will Be Profound; And Its Negative Economic Impact Will Be Felt Across The Globe, Says Mohammed El Erian, Chief Economic Adviser at Allianz   www.fortunascorner.com      Mohammed El-Erian, Chief Economic Adviser at Allianz, and former CIO and Chief Investment Officer at PIMCO, was interviewed on […]

The Coronavirus Outbreak Is Beginning To Negatively Impact China’s Economy; U.S. Stocks Likely To Continue Friday’s Selloff At Monday’s Open

The Coronavirus Outbreak Is Beginning To Negatively Impact China’s Economy; U.S. Stocks Likely To Continue Friday’s Selloff At Monday’s Open https://fortunascorner.com      That headline isn’t surprising as there is a lot of hype and hysteria with respect to the coronavirus. Despite the headlines, the mortality rate is still not much different from a typical […]

DOW 30K; The Market’s Big Run; What To Buy Now, & What Could Go Wrong

DOW 30K; The Market’s Big Run; What To Buy Now, & What Could Go Wrong   https://fortunascorner.com       This weekend’s (Jan. 20, 2020) Barron’s had a feature article, interviewing top Wall Street strategists on what to buy now after this great bull run in stocks; and, what could go wrong and derail this record run. […]

Eurozone Economy Suffers Worst Quarterly Performance Since 2013 – Experts Predict A Gloomy 2020; Meanwhile, U.S. Stock Market Closing In On Best Year Since 2013

Eurozone Economy Suffers Worst Quarterly Performance Since 2013 – Experts Predict A Gloomy 2020; Meanwhile, U.S. Stock Market Closing In On Best Year Since 2013   https://fortunascorner.com       A tale of two continents.  Need more evidence or reasoning that Britain’s made the right decision with respect to Brexit? Look no further than the […]

U.S. Stock Futures Tumble More Than 500 Points, As Trade ‘War’ Escalates — China Threatens To Pull Out Of Trade Talks

U.S. Stock Futures Tumble More Than 500 Points, As Trade ‘War’ Escalates — China Threatens To Pull Out Of Trade Talks www.fortunascorner.com      Overnight, POTUS Trump threatened to raise tariffs on $200B of Chinese imports from 10 percent to 25 percent; and imposing tariffs on an additional $325B of ‘untaxed goods’ — all this […]

Stocks Off To Best Start In 28 Years; Gene Therapy – Pharma’s Great Hope; * “Best Stocks To Invest In If We Get A U.S./China Trade Deal”

Stocks Off To Best Start In 28 Years; Gene Therapy – Pharma’s Great Hope; * “Best Stocks To Invest In If We Get A U.S./China Trade Deal”   https://fortunascorner.com        Welcome to March. Winter is going out like a lion; and, the stock market is on a bull run, with the first two […]