“Buybacks remain buying opportunities. Silver especially,” he said. “Not sure if investors have the opportunity to accumulate below $18 anymore.”
The coronavirus outbreak that’s shuttered commerce across China will likely become a global pandemic, a top U.S. health official said Tuesday, adding that it’s just a matter of time before the outbreak starts spreading in the U.S.
The ghastly prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalization era is renewing doubts over the stability of the world economy.
Members of the White House's coronavirus task force will speak at the press briefing, according to the HHS' website.
How much pain are they willing or can they afford to take? The answer: Virtually none. The economy is not the stock market, but the stock market is the economy. Or rather the stock market is the bi…
Policymakers have said they recognize the coronavirus as a threat and are monitoring.
While the US Treasury 10-year has just hit modern history lows, the Freddie Mac 30-year survey rate is CLOSE to its all-time low rate!! Meanwhile, former Minneapolis Fed President Kocherlakota Calls For 25-50 Basis Point Cut.
Interest rates fell sharply, and there were widespread warnings of deflation and depression.
The Coronavirus could spark a contractionary chain reaction that ends in a worldwide deflationary bust.
The Fed knows that rising interest rates will reap a storm of biblical proportions. That is why it is trying to artificially suppress short-term interest rates through its money market operations. In the end, it can't succeed.
While it's too early to write an obituary post for GE, certainly this iconic American company and once darling on Wall Street has stumbled towards the brink of failure.
The menu of passive investment choices is now the worst in history.
The Centers for Disease Control and Prevention outlined Tuesday what schools and businesses will likely need to do if the COVID-19 virus becomes an epidemic outbreak in the U.S.
The Covid-19 illness has not become a global pandemic so far, but it’s starting to act like an economic one. And the financial costs are mounting.
The COVID-19 outbreak seems to have raised the odds of a global recession dramatically. It is becoming increasingly clear, however, that this new coronavirus is likely to do much more damage than SARS.
WHO officials are holding a press conference Tuesday to update the public on the coronavirus outbreak, which has infected more than 80,200 and killed at least 2,704 so far.
Venice is “taking precautionary measures -- this is not a pandemic. We decided to ban all events for a week especially to protect older citizens...
Stocks fell on Tuesday after a failed early attempt at recovering some of the lost ground from the previous session, which was the market’s worst in two years.
Consumer confidence rose less than expected in February as people's assessment of current conditions wavered, data from the Conference Board showed.
That was worse than the lowest estimate from analysts (forecast range from +3 to +15 from 12 economists surveyed).