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Economy

“Buffett says economy is slowing amid virus fears”

“Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business… Buffett said the reports he gets from Berkshire’s assortment of more than 90 businesses and stock… Continue Reading…

Banking

“30-year Treasury bond yield breaks to all-time low…”

“The 10-year Treasury note yield TMUBMUSD10Y, -3.79% was down 3 basis points to 1.495%, the lowest since last September, while the 2-year note rate TMUBMUSD02Y, -3.24%   edged 1.4 basis points lower to 1.381%. The 30-year bond yield TMUBMUSD30Y, -3.26%   slipped 4.2 basis points to 1.930%, falling below… Continue Reading…

Investing, Stocks

“Coronavirus fears could trigger a 10% to 20% selloff in the stock market: strategist”

“The economic wildcard that has become the coronavirus may not yet be done wreaking havoc on global stock markets. In fact, things could get much worse before they get better. “In a worst-case scenario, global equities could fall by as much as… Continue Reading…

Economy, Stocks

“Stocks Pare Losses on Earnings Amid Virus Angst: Markets Wrap” [Plus Where To Invest]

“Stocks pared losses, with strong corporate earnings bolstering confidence in the U.S. economy even as investors remain concerned that the spread of the coronavirus will derail the global recovery. The S&P 500 retreated for a second day, trimming its January… Continue Reading…

Stocks

“Dow closes more than 450 points lower as coronavirus fears rise”

“The Dow lost 453 points, wiping out the average’s gains for the year. The 30-stock average also notched its biggest one-day fall since October, along with its longest losing streak since August. The S&P 500 dropped 1.6%, snapping a 74-session… Continue Reading…

Economy, Stocks

“Stock Market Rebounds, Shaking Off Geopolitical Fears…”

“Despite ongoing U.S. tensions with Iran that derailed markets last week, U.S. stocks staged an impressive rebound on Monday, recovering from earlier anxiety on Wall Street… “The rebound wasn’t so much in response to a specific headline but instead a reduction in… Continue Reading…