Trading News
Latest trends and news in the trading world.
LOS ANGELES TIMES: Even if you want to buy a home, it’s harder now to get a loan. Or tap home equity.
Even if you want to buy a home, it's harder now to get a loan. Or tap home equity.As the economy has cratered, mortgage lenders tightened standards for people who are still interested in buying or refinancing a home.Read in Los Angeles Times:...
MARKETWATCH: The record number of people applying for jobless benefits is even worse than it looks
The record number of people applying for jobless benefits is even worse than it looksGovernment math doesn’t always add up — the number of new U.S. jobless claims appears to have been significantly under-counted.Read in MarketWatch:...
MARKETWATCH: Beware, the stock market’s being supported by ‘nothing more than an ideological dream,’ economist warns
Beware, the stock market’s being supported by ‘nothing more than an ideological dream,’ economist warnsAlbert Edwards refers to himself as an “uber bear.” Anybody who has read his gloomy takes over the years would surely agree. In the face of a strong rally on...
CNN BUSINESS: Health care spending has actually plunged in the middle of the pandemic. Here’s why
Health care spending has actually plunged in the middle of the pandemic. Here's whyJust as hospitals are struggling to care for those stricken by the coronavirus, a steep drop-off in consumer spending on health care is fueling the nation's economic downturn.Read in...
Bloomberg Businessweek: Layoffs start turning from temporary to permanent across America
Layoffs start turning from temporary to permanent across AmericaEven as they hope for a speedy recovery, companies plan for a slow one.Read in Bloomberg Businessweek: https://apple.news/AC5lvw3U5QrSyEVWMQZaDSQShared from Apple News
THE ATLANTIC: The small-business die-off is here
The small-business die-off is hereMany small businesses won’t survive, and that will change the landscape of American commerce for years to come.Read in The Atlantic: https://apple.news/AIX9xaefmSGmkf1l2xmE9OgShared from Apple News
MARKETWATCH: Dow futures fall nearly 300 points Sunday evening as U.S. states attempt coronavirus reopenings
Dow futures fall nearly 300 points Sunday evening as U.S. states attempt coronavirus reopeningsU.S. stock-index futures fell sharply in thin trading Sunday evening as investors contended with state reopenings, with cooped-up citizens eager to to gather as spring has...
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MARKETWATCH: Are investors driven by FOMO, or is a retest of the lows coming? Here’s what Wall Street strategists are saying about the stock-market outlook
Are investors driven by FOMO, or is a retest of the lows coming? Here’s what Wall Street strategists are saying about the stock-market outlookAmerica is attempting to reopen economies that have been shuttered across the country and Wall Street investors don’t seem to...
BARRON’S: Amazon Can’t Avoid a Recession. Sell the Stock Now, Analyst Says.
Amazon Can’t Avoid a Recession. Sell the Stock Now, Analyst Says.R5 Capital analyst reduces revenue growth forecasts through 2021.Read in Barron's: https://apple.news/AA5t7NwvDQx64_WlJzBeQDQShared from Apple News
US stock futures retreat
https://www.marketwatch.com/story/us-stock-futures-retreat-ahead-of-big-earnings-week-2020-04-26
BARRON’S: More S&P 500 Companies Suspend or Cut Dividends in April
More S&P 500 Companies Suspend or Cut Dividends in AprilAs of April 24, nine S&P 500 companies had suspended their dividends this month and about half a dozen others announced decreases because of the fallout from the coronavirus pandemic.Read in Barron's:...