Steve Sosnick, Interactive Brokers’ chief strategist, explains the market term “black swan” and if the coronavirus fits the description.
With the outbreak causing various global impacts, investors may see some sell-offs. He recently covered this topic in a Traders’ Insight article: Contagion!
Photo Credit: Purple Slog via Flickr Creative Commons
The top performing ETF on the entire list was the 20-Year+ Treasury ETF (TLT) with a gain of 28.82% in 2011.
In the event of a non-resolution, market reactions could continue to exude extraordinary volatility with very rapid moves in short-term rates and sharp drawdowns in equities, commodities, and other risk assets.
If an upstart developer can create an open-source platform that requires far less hardware to be productive, then it has the potential to puncture the expected demand for the type of chips needed.
Wall Street was anticipating today’s third-quarter GDP report to be a monster print, but the figure arrived even hotter than expectations. The report showed persistent consumer spending, which is anchoring hawkish monetary policy expectations despite the data providing favorable inflation news.
