We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]...
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]...
Some so-called novel coronavirus stocks have printed modest, token gains. Not health services app Teladoc Health (NYSE:TDOC). Despite taking a 5% hit on the Tuesday, April 21 session, TDOC stock has more than doubled from this year's opening price. Naturally, the nature of Covid-19's infectiousness has greatly expanded the company's profile.Source: Piotr Swat / Shutterstock.com Although the infection rate appears to have peaked, the U.S. must still recognize some grim numbers. With almost 900,000 cases and over 50,000 dead, the coronavirus has taken its toll on both society and the economy.But few have been as pressured as our frontline heroes, particularly the medical doctors and nurses that have worked tirelessly while most Americans have sheltered in place. As we navigate toward the other side of this pandemic, we will forever remember the extraordinary sacrifices they have made. Truly, they are the best of America.InvestorPlace - Stock Market News, Stock Advice &...
Huda Beauty Founder & CEO Huda Kattan joins Yahoo Finance’s On The Move to discuss the importance of self-care and how the makeup industry is faring during the coronavirus outbreak....
(Bloomberg) -- Congress has pumped out almost $3 trillion to deal with the coronavirus pandemic, mostly on a bipartisan basis. But there is a bruising election-year confrontation ahead over the next, and perhaps final, round of aid for the economy.House Speaker Nancy Pelosi is gathering a long and expensive wish list from her fellow Democrats that would expand the social safety net as well as provide at least $500 billion to struggling state and local governments.Senate Majority Leader Mitch McConnell hasn’t yet committed to another big aid package and indicated that he’s girding for a massive fight over aid to states, a central issue for Democrats. He and other Republicans also say they want to tap the brakes on the blistering pace of new deficit spending.The next phase of economic stimulus likely will be the last before the 2020 elections, and any stalemate will escalate the political consequences with control of...
