The Paycheck Protection Program of the CARES Act provides relief primarily to businesses and nonprofits with up to 500 employees.
With returns likely more sparse and volatility likely more frequent, knowing what you own will prove paramount with regard to portfolio construction.
We raised the probability of Recession to 55% after virus-induced shocks, oil prices’ collapse and violent market volatility. We are de-risking, adding very high quality duration, while expecting credit markets to cheapen and reserve currencies to do well
Sentiment and valuations are likely to keep markets relatively contained until there is clarity about the extent and length of the outbreak says Tyler Voigt.
In this special holiday edition, Michael explains how an evening at home went awry: how a discussion about China and Hong Kong morphed into a chart war about Trump, Hoover, Taft, Rachel Maddow and Anderson Cooper.
A couple of key trends in capital flows suggest the role of euro funding is growing, and we outline the near-term implications for currency markets.
The Armageddonists and the price of fame.
Equity investors spend a lot time looking for where earnings growth will be strong; what doesn't get as much attention is what happens after they're generated.
For investors peering into 2020, it is likely that U.S. monetary policy will remain on hold for the time being.