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Global political risk forecast to fall in 2020: STUDY

Heightened geo-political risk has become the new normal as investors try to navigate uncertainty surrounding policy, international relations and political leadership in the U.S. and abroad. Geoquant Founder Mark Rosenberg joins Yahoo Finance’s Seana Smith on The Ticker to discuss the political risk trends we may see in 2020.

  • Profit Will Soon Double (Or More) At 11 Companies, Analysts Say
    Business
    Investor's Business Daily

    Profit Will Soon Double (Or More) At 11 Companies, Analysts Say

    Nine companies in the S&P 500 — including tech stock Western Digital, real estate firm Digital Realty Trust and chipmaker Advanced Micro Devices — are expected to post 100% or higher profit in the first quarter. That's according to an Investor's Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. Talk about swimming upstream.

  • Goldman Sachs Picks 2 Stocks to Buy (and 1 to Sell)
    Business
    TipRanks

    Goldman Sachs Picks 2 Stocks to Buy (and 1 to Sell)

    Bellini reiterates a Buy rating on WDAY, but the price target is slashed from $223 to $158 on account of “contraction in peer multiples and increased macroeconomic risk. Expect returns in the shape of 16%, should Bellini's forecast play out in the coming months. To watch Bellini's track record, click here) Looking at the consensus breakdown, 13 Buys, 6 Holds and 1 Sell coalesce into a Moderate Buy consensus rating.

  • Investors shouldn't let a stock market sucker's rally fool them
    Business
    Yahoo Finance

    Investors shouldn't let a stock market sucker's rally fool them

    The sucker's rally on Wall Street is in full effect in large part because Wall Street's powerful high-speed trading computers are completely mentally detached from the harsh realities breaking out on Main Street during the coronavirus pandemic. So in short, consider fading last week's rip in equities. But oh what a rip higher it was, folks, as traders got their pounds of flesh from the Federal Reserve (unlimited QE program) and government (a $2 trillion-plus fiscal relief package).

  • J&J to start human testing of coronavirus vaccine by September
    Business
    Reuters

    J&J to start human testing of coronavirus vaccine by September

    Johnson & Johnson plans to start human testing of its experimental coronavirus vaccine by September and make it ready for emergency use in early 2021, the drugmaker said on Monday. J&J also committed more than $1 billion of investment along with U.S. agency Biomedical Advanced Research and Development Authority (BARDA) to co-fund vaccine research, expanding a previous collaboration. Global efforts are underway to develop a vaccine for the virus that has killed over 34,000 worldwide, but experts have cautioned it could take over a year to have a vaccine ready.

  • JPMorgan Says the Market Rout Is Probably Past Its Worst Now
    Business
    Bloomberg

    JPMorgan Says the Market Rout Is Probably Past Its Worst Now

    Strategists at JPMorgan Chase & Co. have concluded that most risk assets -- a universe that typically includes stocks and credit -- have seen their low points for the recession that's gripped economies around the world. Conditions that JPMorgan had set for market stabilization and revival have largely been met, with recession-like pricing, a reversal in investor positioning and extraordinary fiscal stimulus, strategists led by John Normand wrote in a note Friday. Coronavirus infection rates remain a “wild card,” as they remain high even if they're “slowing” in the U.S. and Europe.

  • Dr. Fauci Says Coronavirus Deaths in U.S. Could Top 100,000
    U.S.
    Meredith Videos

    Dr. Fauci Says Coronavirus Deaths in U.S. Could Top 100,000

    The U.S. government's foremost infection disease expert says the United States could experience more than 100,000 deaths and millions of infections from the coronavirus pandemic.

  • Dow Jones Futures: Can Stock Market Rally As New Coronavirus Cases Fall? Amazon, AMD Lead Six Stocks To Watch
    Business
    Investor's Business Daily

    Dow Jones Futures: Can Stock Market Rally As New Coronavirus Cases Fall? Amazon, AMD Lead Six Stocks To Watch

    Investors will be looking for a follow-through day to confirm the new stock market rally. Keep an eye on Amazon.com, Atlassian, DocuSign, RingCentral, Advanced Micro Devices, which all have formed bases amid coronavirus bear market. Also watch Long-Term Leader Microsoft, which is holding support at its 200-day/40-week line.

  • These are the 20 stocks corporate insiders have been buying most amid the coronavirus-induced market selloff
    Business
    MarketWatch

    These are the 20 stocks corporate insiders have been buying most amid the coronavirus-induced market selloff

    Throughout these topsy-turvy times of scary health news, city lockdowns and daily market moves of 5% or more in both directions, there's been one comforting constant. Corporate insiders — executives and directors who buy shares in their own company — are loving this pullback. Since the S&P 500 index (SPX) Dow Jones Industrial Average (DJIA) and Nasdaq Composite Index (COMP) really began falling apart after March 5, insiders have been heavily buying all the areas that will supposedly get hit the hardest by this coronavirus and the COVID-19 illness it causes.

  • How Soon Will You Get Your Coronavirus Stimulus Check?
    Business
    MoneyWise

    How Soon Will You Get Your Coronavirus Stimulus Check?

    The IRS will base your payment on the most recent tax return you filed. If you haven't filed your 2019 return yet — and you now have until July 15 to do that — the tax agency will pull up your 2018 filing. If you earned too much during 2018 to receive a payment but would qualify based on last year's income, because it was lower, you'll want to file your 2019 return quickly.

  • Getting crushed in this market? One look at Warren Buffett’s portfolio and you might feel a lot better about yours
    Business
    MarketWatch

    Getting crushed in this market? One look at Warren Buffett’s portfolio and you might feel a lot better about yours

    Warren Buffett said earlier this month that he hadn't seen anything like the coronavirus pandemic. A couple of weeks later, and it's only gotten more dire as infections mount around the world and the stock market continues to spin out of control in both directions. “While Buffett is well known for weathering the worst market downturns and coming out stronger, the last several weeks have been just as painful on his portfolio as it has on the broader market,” Bespoke explained in a post noting that the average stock in his top holdings is off 37%.

  • Tesla will make Medtronic ventilators at New York gigafactory
    U.S.
    American City Business Journals

    Tesla will make Medtronic ventilators at New York gigafactory

    Medtronic, which is trying to boost production of ventilators used to help the sickest COVID-19 patients, will get an assist from automaker Tesla Inc. which will convert a New York production plant to churn out medical devices instead of solar power cells. Medtronic CEO Omar Ishrak discussed the partnership in an interview with CNBC, while Tesla CEO Elon Must said on Twitter that, "Giga New York will reopen for ventilator production as soon as humanly possible.

  • Honolulu comes to standstill amid virus outbreak
    Business
    Associated Press Videos

    Honolulu comes to standstill amid virus outbreak

    Honolulu came to an eerie standstill this week as the coronavirus pandemic spread throughout the islands. Hawaii officials effectively flipped the switch on the state's tourism-fueled economic engine in a bid to slow the spread of the virus. (March 29)

  • If you do this now, you might be able to double your retirement portfolio
    Business
    MarketWatch

    If you do this now, you might be able to double your retirement portfolio

    The coronavirus crisis has created an extraordinary buying opportunity in emerging market stocks for anyone hoping to save for their retirement, say two independent investment houses. Buy a broad portfolio of inexpensive “value” stocks in developing markets such as China, South Korea, Russia, Brazil, India and you've got a good chance of doubling your money or better over the next five to seven years, say number crunchers at investment advisory firm Research Affiliates in Newport Beach, Calif., and at the blue chip money managers GMO in Boston. “Value” stocks are those that are inexpensive in relation to business fundamentals such as company revenues, assets and earnings.

  • Here's What Analysts Are Forecasting For The Home Depot, Inc. (NYSE:HD) After Its Yearly Results
    Business
    Simply Wall St.

    Here's What Analysts Are Forecasting For The Home Depot, Inc. (NYSE:HD) After Its Yearly Results

    The investors in The Home Depot, Inc.'s (NYSE:HD) will be rubbing their hands together with glee today, after the share price leapt 25% to US$191 in the week following its yearly results. Results were roughly in line with estimates, with revenues of US$110b and statutory earnings per share of US$10.25. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual.

  • Man who scored big wins during the 2008 financial crisis says the stock market could be ‘near a bottom’ if U.S. gets a coronavirus recovery plan
    Business
    MarketWatch

    Man who scored big wins during the 2008 financial crisis says the stock market could be ‘near a bottom’ if U.S. gets a coronavirus recovery plan

    Hedge-fund manager David Tepper says there is nothing wrong with “nibbling” at stocks that have experienced a brutal selloff in the past month, amid growing fears centered on the economic impact of the coronavirus pandemic. However, the star fund manager and billionaire says that U.S. lawmakers and the Trump administration need to act quickly to stabilize the economy and mitigate the damage from the deadly pathogen. There's nothing wrong with nibbling here,” the founder of Appaloosa Management said during a phone interview with CNBC on Monday, referring to stocks that have fallen at an unprecedented rate, as business activity across the globe shutters in order to contain the illness, COVID-1...

  • Shares of a German Ventilator Manufacturer Are Soaring
    Business
    Bloomberg

    Shares of a German Ventilator Manufacturer Are Soaring

    A crushing global shortage of ventilators needed to treat coronavirus patients has sent a German smallcap stock soaring, leaving analysts scrambling to value both the shares and the company's ability to help combat the crisis. While major German indexes have lost between 17% and 30% in 2020, shares of Draegerwerk AG & Co KGaA have gained about 75%, taking off in mid-March after Germany ordered 10,000 ventilators and other medical equipment from the company. M.M. Warburg analyst Eggert Kuls estimates that each ventilator costs about 20,000 euros, making the deal worth 200 million euros ($221 million) in revenue for Draeger.

  • Biomerica, Inc.'s (NASDAQ:BMRA) Path To Profitability
    Business
    Simply Wall St.

    Biomerica, Inc.'s (NASDAQ:BMRA) Path To Profitability

    Biomerica, Inc.'s (NASDAQ:BMRA): Biomerica, Inc., together with its subsidiaries, develops, manufactures, and markets medical diagnostic products for the early detection and monitoring of chronic diseases and medical conditions. The most pressing concern for investors is BMRA's path to profitability – when will it breakeven? Consensus from the 2 Medical Equipment analysts is BMRA is on the verge of breakeven.

  • News
    Financial Times

    Recession pushes Hong Kong shoppers to sell their luxury goods

    Rachel, a 30-year-old flight attendant in Hong Kong, used to carry a suitcase back home packed with luxury goods that she purchased on every trip to Europe. Now her full-time job is also at risk as the coronavirus outbreak has grounded flights, and her employer — like many other airlines — has asked all staff to take unpaid leave. This leaves Rachel, who requested that her full name not be used, no choice but to sell part of her luxury collection for some quick cash.

  • What Is Alpha Pro Tech's (NYSEMKT:APT) P/E Ratio After Its Share Price Tanked?
    Business
    Simply Wall St.

    What Is Alpha Pro Tech's (NYSEMKT:APT) P/E Ratio After Its Share Price Tanked?

    Of late the Alpha Pro Tech (NYSEMKT:APT) share price has softened like an ice cream in the sun, melting a full 47%. All else being equal, a share price drop should make a stock more attractive to potential investors. In the long term, share prices tend to follow earnings per share, but in the short term prices bounce around in response to short term factors (which are not always obvious).

  • Is Penn National Gaming, Inc (PENN) A Good Stock To Buy?
    Business
    Insider Monkey

    Is Penn National Gaming, Inc (PENN) A Good Stock To Buy?

    In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 835 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on.

  • Passengers on ‘Death Ship’ Plead for Rescue as Virus Strikes
    U.S.
    Bloomberg

    Passengers on ‘Death Ship’ Plead for Rescue as Virus Strikes

    For passengers on a Holland America Line cruise ship, a fun-filled voyage on the luxury liner is quickly turning into a nightmare with deteriorating conditions on board and fears of a full-blown coronavirus outbreak after four travelers died and two others were infected. “We are stuck on this death ship,” said Yadira Garza, who is on board with her newly-wed husband. Passengers on the Zaandam, currently off the coast of Panama, say they are desperate to get off the liner after Chile wouldn't allow the vessel to dock.

  • Coronavirus: Oil price collapses to lowest level for 18 years
    Business
    BBC

    Coronavirus: Oil price collapses to lowest level for 18 years

    The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic. Meanwhile the price of US West Texas Intermediate (WTI) fell below $20 a barrel and close to an 18-year low. Oil prices have fallen by more than half during the past month as companies cut back or close production.

  • Trump's attack on GM over ventilators quickly turns to praise
    U.S.
    Reuters

    Trump's attack on GM over ventilators quickly turns to praise

    President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker. Trump, who has been on the defensive for not moving faster to compel the production of medical equipment, invoked the Defense Production Act (DPA) for the first time on Friday, saying GM was wasting time in negotiations. GM had announced earlier on Friday, however, that it would begin quickly building ventilators.

  • Follow these steps to keep your personal finances in check during the coronavirus pandemic
    Business
    USA TODAY

    Follow these steps to keep your personal finances in check during the coronavirus pandemic

    Cash on hand can mean the difference between paying bills on time and having to run up balances on high-interest credit cards or resort to other costly options such as auto-title loans, payday loans or pawn shops. COVID-19: Can your boss make you come to work during coronavirus outbreak? Investing: Common-sense insights we forget during stock-market panics As part of a new COVID-19 assistance guide for cash-strapped people, credit.org suggests pausing all "fun money" and travel budgeting and directing those outlays to building up an emergency fund.

  • The end of the beginning: Morning Brief
    Business
    Yahoo Finance

    The end of the beginning: Morning Brief

    The Federal Reserve has made no fewer than 18 significant announcements related to policy actions to support the economy since March 3. “The positive tone in most of our conversations with clients echoed the signal in positioning measures, including a sharp rise in hedge fund net leverage and a steep decline in put/call ratios,” said Goldman Sachs strategist David Kostin in a note to clients published Friday. Where the stock market and economy go in the months ahead, of course, will still revolve around how far, wide, and quickly the coronavirus continues its spread.