The Madness of Crowds: How to Cope with Today’s Faster Volatility
A number of strategies to navigate this new chaotic terrain fall short, but others come out OK if you don’t want to beat the market.
Tag: Recession
Risk
Worse Than You Think: We’re in a Depression, Says UCLA Economist
The virus has so disrupted the US economy that recovery is a long way off, David Shulman contends.
Why Offices, Abandoned as a Virus Risk, Will Be Back
If the health hazards are resolved, look for a reverse exodus. That’ll benefit battered office REITs.
Coronavirus - COVID-19
Public Pensions Could Suffer for Years from Pandemic Losses
Employers will have to increase contributions unless markets rebound sharply, says S&P.
Despite Fed Backstop, Junk Bonds Still Face Big Trouble
The central bank’s much-touted help for high-yield is skimpy, in light of what nastiness lies ahead.
Coronavirus - COVID-19
Fitch Downgrades Outlook Again as Pandemic Worsens
Agency sees ‘deep global recession,’ says immediate hit will be worse than global financial crisis.
Asset Allocation
How Much Will US GDP Shrink This Year? Try 5.4%
That’s the harsh forecast from IHS Markit, one of the grimmest on Wall Street.
Coronavirus - COVID-19
Coronavirus Will Cause ‘Unprecedented Shock’ to Global Economy
Moody’s forecasts G20 economies’ GDP to contract 0.5% in 2020.
Coronavirus - COVID-19
S&P Global Forecasts Global Recession Due to Coronavirus
China is a barometer for what the rest of the world can expect in the downturn, firm says.
Coronavirus - COVID-19
Lock Down the US to Save It from Virus, Ackman Says
‘Hell is coming,’ the activist investor admonishes, calling for more stringent measures while the nation reels economically.
Coronavirus - COVID-19
And Now, the Case for a 2020 Recession
IHS Markit sees one hitting in the second quarter and lasting to year-end.
Market Moves
Shiller: A Recession Is ‘Highly Likely’ Due to Virus Panic
Dwindling business activity is worrisome, and market slide isn’t over, Yale prof warns.
Regulation
Washington State Treasurer Says Keep Hands Off Windfall
Predicting a $1.1 billion surplus, finance chief asks lawmakers to let him channel the money to a rainy day fund.
Market Moves
Trump Is No. 2 Earnings Grower Among Post-WWII Presidents
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Asset Allocation
Meketa Shares Its Biggest Concerns for 2020
Slowing global economic growth, China’s economic rebalancing, and European uncertainty top the consultancy’s list.