Pulmonologist at NYU Langone Medical Center and Independent Women's Forum Visiting Fellow Dr. Qanta Ahmed joins Yahoo Finance’s Zack Guzman to discuss the rise in coronavirus cases as the White House says it’s bracing for a potential second wave this fall....
For investors remaining sidelined after the market’s impressive bounce back, the opportunity may now be too enticing to ignore. According to J.P. Morgan strategist Nikolaos Panigirtzoglou, COVID-19 will drive equity supply growth as companies pivot away from buybacks in an effort to raise capital, with 2019 marking the first time since 2015 that the net supply of shares, or the share issuance adjusted for de-listings and buybacks, increased materially.Alarming for investors, the previous decade-long trend of declining equity supply in part fueled the market’s bull run as buybacks pushed earnings higher. Some analysts also point out that a larger equity supply could weigh on stocks and cause volatility if companies don’t purchase shares when their stocks fall.Panigirtzoglou, however, takes a different stance. He notes that the drop in buybacks hasn’t negatively impacted the market yet. In fact, he argues the low returns for both bonds and cash will ultimately create an...
Investors should be prepared for verbal bombs to be tossed between President Donald Trump and challenger to his throne in former vice president Joe Biden....
(Bloomberg) -- Oil futures in London and New York are headed for their strongest close since early March, on optimism that fuel demand is recovering as lockdowns are lifted and major producers scale back output.Prices climbed for a third day as analysts at Bank of America raised their Brent crude forecasts, citing in part a faster demand recovery and the OPEC+ group’s commitment to curbing supply.Demand is improving in countries including Spain and India, while New Jersey Governor Phil Murphy said that Atlantic City casinos and indoor dining will reopen statewide on July 2. However, concerns about a potential second wave of the virus may limit further gains for oil.“You see demand picking up and you see supply being relatively constrained,” said John Kilduff, a partner at Again Capital. “If there is any prospect whatsoever of a faltering here in terms of reopenings and demand continuing to ramp back up, we...
