On April 20, 2020, the price of a futures contract for West Texas Intermediate crude — the benchmark for U.S. oil prices — fell below zero for the first time in history, dropping more than 306% in trading on the New York Mercantile Exchange and ending the day at -$37.63 per barrel. Why did this happen?
COVID-19 has severly impacted the global economy. Charts help with story-telling, perspective and analysis. Let’s dive into the story of COVID-19 as it stands today
Coronavirus cases continue to spike and the market continues to drop with uncertainty. The stock market just experienced it’s fastest 30% drop ever. Having a plan is crucial. Being diversified is crucial. When will we start to see a recovery?
From Feb 24 – Feb 28th the S&P 500 was down 12%, taking us back to levels last seen this past October. For perspective, the stock market drops about 10% every 11 months on average, so while 12% may seem like a blip on the radar, the velocity of the drop is what concerns investors. What does it mean?
The Coronavirus has shook the global economy and the stock market. Investors are concerned with both the virus and the economic implications it may have for 2020. What does that mean and what do we know so far?
Yield relates to the return on capital invested in a bond. When prices rise due to increased demand, yields fall and vice versa. The yield curve is a graph with the daily yields of U.S. Treasury securities plotted by maturity.
An inverted yield curve occurs when the interest rates (yields, to be more specific) on short-term bonds are higher than the interest rates on long-term bonds. The specific trigger compares the 10 year treasury to the 2 year treasury.
China was the largest U.S. trading partner in 2018, with $737 billion in goods and services exchanged between the two nations, accounting for 13% of all U.S. trade. What do the trade wars mean to markets? Who is right and who is wrong? What impact will they continue to have?
The FOMC has raised the funds rate nine times since December 2015, with four increases in 2018 alone. As recently as September 2018, the committee projected three more increases in 2019. That dropped to two projected increases at the December meeting.