By: Spencer Israel If the U.S. economy was a movie, then Thursday gave us our first teaser trailer. And it was bad. By now, you know the number. A record 3.28 million Americans filed for unemployment benefits during the week of March 20, a 1,100% increase from the previous week. And that is just the.. Read more
By: Spencer Israel Call it human nature, or call it people trying to do their best Mark Haines impression. But for whatever reason, everybody wants to be the one to call the bottom. Last week, as Bill Ackman’s emotional appearance on CNBC coincided with a new low for the day, the “Ackman Bottom” was coined.. Read more
By: Spencer Israel There is a quote widely attributed to Vladimir Lenin: “There are decades where nothing happens, and there are weeks where decades happen.” Last week was one of those weeks where decades happened. Near-unprecedented volatility in stocks, a historic move in oil, and the total shutdowns of major industries global economies have put.. Read more
By: Spencer Israel When the dust eventually clears and the world begins to move on from its current pandemic-induced state of panic and fear, market historians will look back at March 11, 2020, as one of the most significant dates of this entire crisis. That was the day that the first of the large cap.. Read more
By: Spencer Israel Save for a couple of hiccups, U.S. stocks have spent the vast majority of the last decade steadily marching higher. But you’d be forgiven for having questioned the strength of this rally at some point. In the last few years alone, investors have sounded the alarm over a number of headlines that.. Read more
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