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 economy appears to have missed the Federal Reserve Bank memo telling it to slow down, with today’s GDP and durable goods data exceeding expectations while initial unemployment claims point to persistent labor market tightness.
With everyone poring over the big Facebook IPO filing, it’s worth reviewing the mechanism by which a private company goes public via an initial public offering.
Video-streaming is disrupting the cable TV industry
Fighting Covid-19 and fresh stimulus will be early priorities
