Should be thinking about right now. Wild swings in the market as coronavirus spreads across the u. S. , but is the virus the only factor. Falling stock prices have lifted dividend yield, some companies are often more than 5 , weve got the nays, and which companies are more attractive after the selloff. On the barrons roundtable tonight been levinson, jack how, we opened last week with three forces moving the market coronavirus, fed, politics. By midday friday look like coronavirus was the only thing standing, then a new force into the picture. So lets get this out of the way, politics is a sideshow here. What we have is a heavyweight battle between two forces. Have a coronavirus which is threatening to make the u. S. Economy grind to a halt. And you have the fed which is trying to make sure people can still get access to money. That they are not going to run other cash they need to keep their business going so the market was out riding with biden when the started customer. And jack how
Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op
Should be thinking about right now. Wild swings in the market as coronavirus spreads across the u. S. , but is the virus the only factor. Falling stock prices have lifted dividend yield, some companies are often more than 5 , weve got the nays, and which companies are more attractive after the selloff. On the barrons roundtable tonight been levinson, jack how, we opened last week with three forces moving the market coronavirus, fed, politics. By midday friday look like coronavirus was the only thing standing, then a new force into the picture. So lets get this out of the way, politics is a sideshow here. What we have is a heavyweight battle between two forces. Have a coronavirus which is threatening to make the u. S. Economy grind to a halt. And you have the fed which is trying to make sure people can still get access to money. That they are not going to run other cash they need to keep their business going so the market was out riding with biden when the started customer. And jack how
First appearance on any ballot had an absolutely dismal performance despite spending hundreds of millions of dollars on his own money on campaign ads. He dropped out the next day and backed biden. Another poor super tuesday performance with Elizabeth Warren she quit on thursday. Big reason for clarity in the race was a decision earlier by two moderate to left candidates mayor Pete Buttigieg and senator Amy Klobuchar to end their campaigns before super tuesday and like bloomberg, through their support behind biden. Former Vice President got orourke of texas. Now many see this as rising concern among establishment democrats, the insiders, socalled insiders for the nomination of sanders to be a crushing defeat. Absolutely dire consequences for down ballot Democratic Candidates facing tough fights and purple states. Meanwhile biden, who a few weeks ago was seen as finished following his lackluster showing to the earlier states, became the favorite once again afters blowout win in South Car
Home prices up 3. 8 year on year. Roadmap begins with a turnaround tuesday. Stocks set to bounceback as markets attempt to recover from the worst drop since 2018. The drug maker shipping the first batch of this Coronavirus Vaccine as the World Health Organization warns the outbreak has the potential to become a pandemic. And the top performer sector just last week losing more than 200 billion in market value yesterday and set to fall again at the open today. As stocks come off, as we said, the worst day in the couple years, the coronavirus numbers continue to climb both in and outside china. Total confirmed cases exceed 80,000. Deaths surpassing 2,700, heading into the session the downd at s and the s p are in negative territory. We have croatia, bahrain added some. The Iranian Deputy Health minister tested positive. You cant read all the headlines theyre coming too quickly. And i think iran and italy are the two that i think people are focused on. But all these others, they always in