Hedge funds are in deep negative territory this year. Funds have blocked client withdrawals to avoid forced selling. Hedge funds will likely sell on every rally to liquidate their holdings. In March, the S&P 500 plummeted to this year’s low of 2,191.90. The move ended the longest bull market in history. While the $2 trillion…
BlackRock CEO praises the quick response of the Federal Reserve but says bottom is “impossible” to know. Analysts are expecting a massive wave of unemployment in the coming months. Suspension of buybacks likely to keep the stock market bleeding. The stock market is down over 20% from the all-time high. Ever since equities started showing…
The Mortgage Bankers Association warned that the Federal Reserve’s purchase of mortgage-backed securities has disrupted the market. As a result, lenders may be unable to meet hedge calls from brokers within one or two days. The warning casts an ominous shadow on predictions that the Fed could dive into the stock market next. The Mortgage…
The stock market looks set to secure a solid weekly gain, Friday’s downturn notwithstanding. But that’s just the sugar rush from the $2 trillion stimulus package and a promising slowdown of coronavirus cases in China. A famed Wall Street economist says the stock market still hasn’t priced in stagnant corporate profits and ballooning corporate debt.…
The airline sector will get $29 billion if the $2 trillion stimulus deal makes it through Congress. Air travel continues to be ravaged by the coronavirus pandemic as massive flight cancellations continue. Airline stocks bulls are ignoring the gloom the sector faces. U.S. airline stocks are one of the beneficiaries of the $2 trillion stimulus…
The government’s stimulus isn’t enough to keep the rising tide of debt at bay. The corporate debt bubble is threatening to pop despite stimulus promises. The real estate market looks primed for a meltdown as mortgage payments are delayed. The U.S. government’s unprecedented stimulus package was applauded by investors on Tuesday and the stock market…
U.S. stocks rallied on Tuesday on hopes that Congress will pass a stimulus package. Economists forecast a recession that could be as severe as the Great Depression. Stimulus measures won’t be enough to prevent deep damage to the economy. The U.S. stock market soared Tuesday on hopes that Congress would soon sign a stimulus bill…
A Bank of America economist declared recession in the U.S., as the stock market plunges to major support levels. The U.S. stock market is up 2% on the day, with Dow Futures climbing by 400 points. The government’s improved efforts in tackling coronavirus can raise confidence in the market. The U.S. stock market futures indicate…
As the stock market plunges, the Dow Jones has erased virtually all of its gains under President Trump. No amount of central bank or government stimulus has put a tourniquet on the bleeding. One Wall Street pundit says it’s time for Trump to bring out his secret weapon – Tom Hanks. The stock market is…
Airlines will face tough conditions as they seek a bailout amid the coronavirus pandemic. Legislators have tabled stock-buyback bans as one of the conditions. Bernie Sanders has long championed banning share repurchases. A change in a SEC rule in 1982 saw the amount corporations spend on share repurchases balloon from $2-$3 billion annually in the…
