The stock market in April had its best month since 1987. And the economy had one of its worst months ever.
How is that possible? Is it a conspiracy by the Federal Reserve? Are stock traders insane? Both, perhaps?
Will the U.S. stock market retest bear-market lows put in on March 23?
That is perhaps the most prevalent question on Wall Street. And while there’s no way of knowing the answer for sure, if history is any guide,...
Berkshire Hathaway’s first-quarter earnings revealed that Chairman and CEO Warren Buffett built up the conglomerate’s cash fortress and only bought small portions of stock during the violent rout of equity markets due to the coronavirus.
Berkshire had a record...
People freaked out a bit at the end of this week when Tesla CEO Elon Musk tweeted, “Tesla stock price is too high imo.” I should rephrase that: Tesla shareholders freaked out a bit.
I’m offering no insight on...
Stock Markets
Even though stocks finished mixed the last week of April, the S&P 500 posted its best month since 1987. Synchronized stimulus initiatives globally improved sentiment from the March stock-market bottom. Volatility has subsided some but remains elevated. Economic data, including first-quarter U.S....
Berkshire Hathaway’s (BRK-A, BRK-B) first quarter earnings will be released on Saturday morning
The conglomerate overseen by billionaire investor Warren Buffett consists of companies that touch a broad array of industries, and so it’s arguably a reflection of the...
The coronavirus pandemic has exposed a gaping disconnect between unprecedented economic pain on Main Street and extreme optimism on Wall Street.
The US economy is collapsing as never before. More than 30 million Americans have filed for unemployment. Millions of small businesses have...
The owner of an Ohio-based real estate investment firms last week made a company-wide announcement that he’d made $1.6 million on the stock market in the span of eight days. He then informed his employees that he’d be paying out every dime...
U.S. stocks started the first trading day in May on a downbeat note after notching the best April for the benchmarks in years. The day's losses wiped out weekly gains and were mostly reflective of the magnitude of the surge in the...
Stock-market investors can thank the Federal Reserve’s response to the COVID-19 pandemic for a relief rally that saw the S&P 500 briefly top the 2,950 level on Wednesday, but it might take another economic shock to prompt the sort of additional policy...
