Category: Finance News

Jul 8

As COVID cases spike in Florida, Trump now says he's 'flexible' on convention format in Jacksonville

With coronavirus cases exploding in Florida, President Trump said he is “flexible” about the need for a traditional indoor Republican National Convention in Jacksonville next month. The Republican National Committee had scrapped plans to hold the party’s convention in Charlotte, N.C., after Gov. Roy Cooper said he would only allow “a scaled-down convention with fewer […]
Jul 7

NewsWatch: This spot-on predictor of who will win the 2020 presidential election is not the stock market or even opinion polls

MARKETWATCH FRONT PAGE Online betting markets are better at forecasting the U.S. presidential election outcome. See full story. Here’s one ‘remarkable’ difference between COVID-19 and the 1918 Spanish flu There are also similarities between the 1918 influenza and SARS-CoV-2, the coronavirus that originated in Wuhan, China. See full story. Robert Shiller explains the pandemic stock […]
Jul 7

Howard Gold's No-Nonsense Investing: Pioneer of target-date funds looks to the future: hedging and ‘tail-risk’ strategies

Investment-research firm Morningstar recently bestowed an “Outstanding Portfolio Manager” award on Jerome Clark of T. Rowe Price, a pioneer in developing target funds for the Baltimore-based mutual fund giant. It was recognition for Clark himself, who along with his team members, launched T. Rowe’s first target-date funds in 2002, a year before Vanguard started its […]
Jul 7

As COVID-19 makes a comeback, so will lockdowns

In April, the coronavirus was tearing through the Northeast and Midwest, overwhelming hospitals and filling morgues. The situation was bleak.  But the rules, at least, were clear.  Businesses were shuttered. Flights were canceled. Nearly everyone had been ordered to stay home. And that’s what nearly everyone did, reducing overall mobility by as much as 30 […]