FILE PHOTO: Traders work on the floor of the New York Stock Exchange as the building prepares to close indefinitely due to the coronavirus disease outbreak in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson/File Photo
Gayeski said if stocks fall a total of 10-15%, he would consider skewing more to equity-centric managers. “We got repositioned in risk assets back in late March, early April so that has helped us,” said Ablin. “But we’re content to hold for right now.” David Kotok, chairman and chief investment officer of Cumberland Advisors, said he sold stocks and raised cash into the rally. He has not committed any cash yet despite the sell-off.This week, credit spreads - the premium investors demand to hold riskier debt over safer Treasuries - have widened. The spread of the ICE/BofA investment grade .MERC0A0 and high yield .MERH0A0 credit indexes widened by 14 basis points and 89 basis points, respectively.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Especially if the fed keeps pumping money into it.
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall St Week Ahead: Investors bet bounce in value stocks will stickAs the U.S. economy begins to emerge from the sharp slowdown during the coronavirus pandemic, some fund managers have been drawn to value stocks, a sector that underperformed during the recent rally. Strange how sentiment can change over night, the fake news induced a brief panic yesterday, and today it's mostly vanished. They'll keep trying to crash the market using every type of hoax imaginable until the election. Strange how sentiment can change over night, the fake news induced a brief panic yesterday, and today it's mostly vanished. They'll keep trying to crash the market using every type of hoax imaginable until the election. $SPY $DIA Well the 1% on the hill are together, the rest of us suffer lives where they take all our money.
Source: Reuters - 🏆 2. / 97 Read more »
4 stocks that will lead the housing market recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. wall street is so full of it the whole thing needs to be investigated the investor the federal guys who runs it every body who ever set a feet in there needs to be investigated and be put behind bars starting with donald trump
Source: BusinessInsider - 🏆 729. / 51 Read more »
Dow falls 1,000 points Thursday, drives the blue-chip stock-market index below its 200-day moving averageThe Dow Jones Industrial Average undefined tumbled 1,000 points late-morning Thursday, driving the index below a closely followed gauge of long-term... It's not like markets were overvalued, or anything. 🙄😷
Source: MarketWatch - 🏆 3. / 97 Read more »