The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]...
It looks like we’re back to a market roller coaster. The first question, of course, is what spooked investors? After two weeks of mass protests devolving into riots, the coronavirus spiked again – but this time, Treasury Secretary Mnuchin has said that in light of recent experience, there will be no further lockdowns imposed from the Federal level, and even in blue states, public pressure is mounting to reopen economies.Credit Suisse US equity strategist Jonathan Golub sees last week’s slide as a pullback, nothing more. He notes, “…the factors that boosted the market in recent weeks are still almost entirely in place: a flood of liquidity from the Fed, what’s expected to be better incoming economic data, and consumers and corporations adjusting to life and business in a coronavirus world. Together, they point to improving corporate earnings and justify high valuation multiples.”In line with Golub’s upbeat look at the market’s forward...
EUR/USD Current Price: 1.1318 * Fears of a second wave of coronavirus contagions weighed on the market's mood. * German ZEW survey expected to show a bounce in business sentiment in June. * EUR/USD bullish potential limited in the short-term as long as below 1.1310.The week started with investors in risk-off mode, amid growing concerns of a second wave of coronavirus contagions, and as protests continue in the US. The country has reported almost 9,500 new cases in the last 24 hours, while there are 16,700 critical cases in the country. Also, China put at least ten cities in strict lockdown amid a new outbreak of COVID-19. Asian shares were sharply lower, while European ones also closed in the red, although off daily lows. The greenback benefited just modestly from the dismal mood, with EUR/USD falling to 1.1226. The pair recovered within US trading hours, as Wall Street trimmed losses and...
Whether you’ve been running an essential business during the pandemic or a business that is now looking to prepare a return to work strategy, you’ll no doubt be questioning what the new normal will look like. This whitepaper outlines the 7 key pillars to successfully adjust to the new norm. ...
The Federal Motor Carrier Safety Administration announced it will continue to recognize recently expired drivers’ licenses and medical cards, recognizing the reductions in licensing services caused by COVID-19. ...
On Monday, BofA Securities raised its price target on shares of Disney to $146 from $123 — about 25% from current levels — as the firm believes Disney is well positioned to grow stronger through the COVID-19 crisis. The Final Round panel discusses the bullish call. ...
