[The Motley Fool, Getty Images] Your pocketbook will thank you if you hang onto these quality companies for the long term. It’s a truly trying time to be an investor. Panic and uncertainty caused by the coronavirus disease 2019 (COVID-19) pandemic pushed the broad-based S&P 500 into its fastest bear market in […]
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[Zacks, Bigstock] The coronavirus outbreak has now infected more than 5.5 million people globally along with at least 350,000 deaths, according to Johns Hopkins University. Moreover, the death toll had touched around 100,000 in the United States. In the current scenario, any progress in vaccine is being closely monitored by […]
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[CNBC] 1. Dow set to soar after Tuesday’s strong gain Dow futures were pointing to an over 400-point gain at Wednesday’s open as optimism about the reopening of the economy builds. Shares of coronavirus crisis-battered airlines and cruise lines led gains in the premarket. Stock markets across Europe soared Wednesday as the European Commission […]
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[CNBC] With record unemployment, pay cuts, a turbulent market and an ever-widening gap between the haves and the have nots, money is at the forefront of people’s minds more than ever. But how important is money to happiness? The answer is complicated. Research has long looked at how money affects happiness, which in […]
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[Coin NewsSpan] Premier digital asset trading network Crypto.com announced a 2% deposit bonus on Monday for all new deposits on the platform. New users, those who joined the platform after May 11, 2020, and have completed “advanced” level KYC verification, are eligible for the bonus. Crypto.com shared a blog post […]
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[Business Insider] There’s speculation about the possibility of the Federal Reserve implementing negative interest rates in response to the coronavirus. Negative interest rates would result in lenders paying you when you take out a loan, and you’d pay a fee to keep money in banks. Both of these results would […]
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[Forbes, Getty Images] Historical data from the late 1990s show a financial crisis is often followed with a steep increase in housing prices. If real estate grows in a similar manner as the 2000s, safe haven assets like gold and potentially Bitcoin may follow. The housing market is projected to […]
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[Forbes] TOPLINE Here are 20 stocks that stand to benefit from having so many people staying at home amid the coronavirus pandemic, according to Olivetree Financial. KEY FACTS Olivetree assigns a sentiment score to each stock in its list: A score of 50% is neutral, whereas one closer to 100% […]
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[Cointelegraph] Bitcoin is not what young investors should buy after the coronavirus crash, says the man who once said that the biggest cryptocurrency faces an “inevitable death spiral.” Speaking to CNBC on May 21, Peter Mallouk, president and chief investment officer at wealth management firm Creative Planning, claimed that stocks […]
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[The Motley Fool, Getty Images] Skeptics are questioning the biotech’s recent coronavirus vaccine-related announcements. What happened Shares of Moderna (NASDAQ:MRNA) fell nearly 9% on Thursday, continuing a downward trend that began soon after the biotechnology company’s recent stock sale. So what Moderna’s stock soared on Monday after it released positive data from its phase 1 […]
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