March 21, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. The ink...
March 20, 2020 | Daily JAM, Short Term |
Let me emphasize that "for the week." The storm of bad news continued today with the European Union saying that the 2020 recession in that bloc may be as bad as 2009. Goldman Sachs warned that the U.S. economy may shrink 24% year over year in the second quarter. Oil...
March 19, 2020 | Daily JAM, Short Term |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
March 19, 2020 | Daily JAM |
The number of confirmed coronavirus cases in the United States doubled Thursday compared with two days before. On Tuesday there were 5,700 confirmed coronavirus cases in the United States. Today, March 19, that number rose to 11,500. Some of that is undoubtedly...
March 19, 2020 | Daily JAM |
This morning the Department of Labor announced that new claims for unemployment for the week ending March 14 climbed to 281,000. That was up from 211,000 in the prior week. And much worse than the 220,000 projected by economists. The worst news is that this spike in...
March 19, 2020 | Daily JAM, Morning Briefing, Short Term |
A casual walk to the grocery store this morning revealed a number of small coffee vendors and noodle shops in my neighborhood had gone a step beyond New York City's order to close restaurants and bars and coffee shops except for take out and delivery orders. These...
March 19, 2020 | Daily JAM |
Bear markets typically require multiple bottoms--with rallies often of considerable dimension in between--before they set a final bottom. It wouldn't be surprising, for example, to see a 30% drop with signs of a bottom followed by even a 10% to 20% rally. Which would...
March 17, 2020 | Daily JAM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
March 16, 2020 | Daily JAM |
According to acting Department of Homeland Security secretary Chad Wolf, the Trump administration is considering"all options" to curb the coronavirus outbreak in the U.S., including an outright halt to domestic air travel. Meanwhile some airline analysts are talking...
March 15, 2020 | Daily JAM |
Well, that's worse than many of us were willing to contemplate. Today, Sunday, March 15, the Centers for Disease Control and Prevention urged a nationwide halt to gatherings of more than 50 people for the next eight weeks  because of the coronavirus pandemic. For the...
March 15, 2020 | Daily JAM, Short Term, Volatility |
On Sunday night the Federal Reserve announced that it would cut interest rates to 0% (actually a policy range of 0% to 0.25%) from the current 1.00% to 1.25% range. The central bank will also resume its program of quantitative easing by buying at least $700 billion in...
March 14, 2020 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. I'm sure...
