2020 saw a record number of retailers go bankrupt as the pandemic destroyed their business.
2021 is off to a better start, but there are still some retailers that are vulnerable to bankruptcy.
S&P says these 15 retailers have anywhere from an 11.7%-32.8% chance of credit defaults in a year.
2020 was a banner year for US retail bankruptcies.
Back in March 2020, as the pandemic set in and governors across the country asked non-essential businesses to close, retailers found themselves between a rock and a hard place.
On one hand was a sudden and dramatic decline in sales as standalone stores shuttered and foot traffic dried up at malls. On the other hand was a quick pivot in consumer spending people cared a lot less about dressing well when they were stuck at home, and cared a lot more about stocking up on essentials like food and paper goods.
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The broad consensus is that inflation fears are driving investors out of tech stocks this week.
But CIO David Bahnsen says that overvalued tech stocks have flown too close to the sun.
He thinks that the sell-off is healthy, inevitable, and nowhere near over.
What began as a sell-off among tech stocks on Monday spilled over into the rest of the market on Tuesday, with the Nasdaq down 2% at the market s open and the Dow Jones Industrial Average following closely behind.
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Earnings season is about to hit overdrive, and results can make or break the market.
The reopening trade is regaining steam as businesses recover and vaccination rates rise.
JPMorgan s numbers guy has picked 5 options trades to maximize your profits this earnings season.
During the first quarter of last year the pandemic began to tank the economy, making the bar for stocks to surpass analyst estimates in the first quarter of this year incredibly low. In fact, according to JPMorgan, analyst consensus calls for earnings per share to increase an incredible 21% year-over-year across the market.
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Chris Dixon is a general partner at Andreessen Horowitz who focuses on crypto investments.
He recently shared his views on the future of the crypto industry and the trends he s excited about.
Dixon discusses Blockchain, Ethereum updates, the future of NFTs, and much more.
Crypto is having a moment.
The price of Bitcoin, the largest cryptocurrency by market cap, has risen 87% since the beginning of the year. Coinbase has helped legitimize cryptocurrencies with its public debut, bringing new institutional investor focus to the crypto market that promises to boost the industry s fortunes. And Dogecoin, the most beloved cryptocurrency on the internet, is going to the moon.
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The S&P 600 and the Russell 2000 are falling behind the rest of the stock market.
Cyclical stocks were a great investment in the economic recovery, but some sectors are losing steam.
The economist who called the housing bubble thinks these are signs the market rally is stalling.
It s easy to see why investors have been so optimistic lately. Thanks to a terrible first quarter during the early days of the pandemic, stocks across the board are poised to report exceptional year-over-year earnings. First-quarter earnings announcements from the big banks this week backed that theory up, as Morgan Stanley, Goldman Sachs, and others crushed analyst expectations.