Description: Former Federal Reserve Chairman Ben Bernanke sounded an optimistic tone on the longer-term state of the economy, predicting in a CNBC interview Wednesday that while the U.S. is facing an acute recession, it shouldn’t last. Source: CNBC.com – video report Date: Mar 25, 2020 Link: https://www.cnbc.com/2020/03/25/former-fed-chairman-ben-bernanke-sees-very-sharp-recession-followed-by-fairly-quick-rebound.html Questions for discussion: What does Ben Bernanke say is happening… Read more »
Monthly Archives: March 2020
As Dow wipes out over 3 years of stock-market gains, here’s a warning about calling the bottom
Description: How much worse can it get? That’s a question many investors are undoubtedly asking themselves after a week of historic volatility that saw stocks suffer another pummeling and drove the Dow Jones Industrial Average to its lowest close since December 2016 as the global COVID-19 pandemic promises to push the world into recession. Source: MarketWatch.com Date:… Read more »
ARK Invest CEO Cathie Wood talks her market outlook and what’s next for Tesla
Description: ARK Invest CEO Cathie Wood joins Yahoo Finance’s The Final Round to talk her outlook for the market and the impact coronavirus on stocks. She also talks her outlook for Tesla. Source: YahooFinance.com – video report Date: Mar 19, 2020 Link: https://finance.yahoo.com/video/ark-invest-ceo-cathie-wood-213742544.html Questions for discussion: Summarize the key points made by Cathie Wood. What… Read more »
Canada’s stock market collapse is like nothing we’ve ever seen before
Description: That doesn’t mean the stock market should be shut down until Covid-19 panic has passed Source: Macleans.ca Date: Mar 27, 2020 Link: https://www.macleans.ca/economy/canadas-stock-market-collapse-is-like-nothing-weve-ever-seen-before/ Questions for discussion: How does the current drop in stock values compare to other times of crisis? What should investors do at this time, in your opinion?
Why Tech Companies Can Regain Consumer Trust as Coronavirus Crisis Continues
Description: As the government continues to wrestle with the COVID-19 epidemic, US consumers and news organizations have rediscovered one of the things that made social media so valuable: Democratizing information about a fast-moving global story brings to light important narratives that official sources may miss, ignore or suppress. Source: e-Marketer.com Date: Mar 17, 2020 Link:… Read more »
The World Catches a Dangerous Virus of the Mind
Description: The coronavirus is more than a health menace. It’s a wealth destroyer that the global economy will have to live with for many months to come. Source: Bloomberg.com Date: Feb 25, 2020 Link: https://www.bloomberg.com/news/articles/2020-02-28/the-world-catches-a-dangerous-virus-of-the-mind?srnd=businessweek-v2 Questions for discussion: What does the article say about what was known about the coronavirus a month ago and how people… Read more »
Stock futures jumped all over the place this morning, causing Cramer to say they’re ‘a total joke’
Description: Stock futures took a wild ride heading into Tuesday’s Wall Street open, casting doubt on the reliability of premarket trading as an indicator of where things stand. Source: CNBC.com – video report Date: Mar 17, 2020 Link: https://www.cnbc.com/2020/03/17/stock-futures-are-swinging-all-over-the-place-cramer-says-theyre-a-total-joke.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: What do stock futures traditionally suggest to investors? Why are they unreliable now,… Read more »
Is Now the Time to Buy Cheap Stocks?
Description: Stocks plummeted Monday after being halted from trading soon after markets opened as investors weighed the deepening economic hit from the coronavirus pandemic and the Federal Reserve and other global central banks took emergency measures to prop up capital markets and liquidity. Chris Versace, Real Money contributor, joined TheStreet to weigh in on stocks to eye and his… Read more »
The Dow just crashed 3,000 points — here is why it happened
Description: A press conference with President Trump on Monday afternoon sent an already crashing market right on through a trapdoor. Source: YahooFinance.com – video report Date: Mar 16, 2020 Link: https://ca.finance.yahoo.com/news/the-dow-just-crashed-3000-points-here-is-why-it-happened-203917420.html Questions for discussion: What triggered the 3,00 point drop? Why are credit markets so critical to a quicker economic and stock market recovery? What… Read more »
David Rosenberg: Stop looking to 2008, this crisis is more like 9/11
Description: After that shock it took about 18 months for bond yields and equity markets to bottom Source: FinancialPost.com – video report Date: Mar 18, 2020 Link: https://business.financialpost.com/investing/david-rosenberg-stop-looking-to-2008-this-crisis-is-more-like-9-11?video_autoplay=true Questions for discussion: Summarize the key points made by David Rosenberg? What do you think about his assessments and projections? What would you advise investors today?