Bills pending in Congress would provide free rent and mortgage payments during the coronavirus emergency, and a monthly check of $2,000 for those over age 16 and $5,500 for a family with three children. My heart goes out to those who have been adversely affected by the coronavirus. This is,
Investors may not have noticed Boston coronavirus data that goes against the prevailing wisdom. In Boston’s Pine Street Inn, a homeless shelter, 397 people were tested for coronavirus and 146 tested positive but showed no symptoms. The Centers for Disease Control is reviewing the data. There are positive and negative implications for
The rally in the U.S. stock market, which in large part had been due to a short-squeeze, recently exhausted itself. Without positive news, the stock market would have sunk. But stock market bears ran out of luck when a report surfaced Thursday after the close of trading that an antiviral
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
In the wake of coronavirus-related volatility in the stock market, investors are asking: “Is the economic data showing that there will be a depression?” The No. 1 mistake investors make as they try to figure out the answer is that they are mostly focused on one dimension of a two-dimensional
The stock market, before Wednesday, rallied strongly as the coronavirus curve flattened. Imagine, now, the magnitude of the rally if the coronavirus were vanquished. President Trump has said that, due to pent-up demand, the economy will eventually “pop back like nobody’s ever seen before.” Regardless of your political views, it’s
What are the effects of the coronavirus on life in the U.S.? Lost lives, lost jobs, trauma, shutdowns and trillions in borrowing and money printing. What does Wall Street say? The coronavirus doesn’t matter to the stock market. Wall Street wants you to believe it’s safe to buy. What happened
The force that has propelled the stock market rally is about to exhaust itself this week. That force is related to a short-squeeze. Let’s explore with the help of a chart. Please click here for an annotated chart of Dow Jones Industrial Average ETF DIA, which tracks the Dow Jones Industrial Average DJIA. Note the
Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market
The Federal Reserve on Thursday unveiled an unprecedented $2.3 trillion program to support the economy. New jobless claims, announced on the same day, surged to 6.6 million in the past week. That said, massive opportunities in the stock market will arise because of a major shift in the post-coronavirus economy.