Steve Sosnick, Interactive Brokers’ chief strategist, discusses how the stay-at-home stocks that led the market higher may also lead it lower.
As a late summer surge in Europe shows, the virus is having a corrosive impact on economic growth.
Is the US next as we head into the winter flu season?
Photo Credit: Michel Craig via Flickr Creative Commons
Some of my favorite stocks today are defensive, high-quality mega caps, such as WMT, JNJ, NVS, etc. Investors are worried about current economic problems, and many have shunned equities because they believe they will perform poorly in a slow economy.
In some parts of the world, newspapers have been spared by the curse of the internet.
William Smith shares his biggest mistake yet – owning Puda Coal (AMEX: PUDA), a Chinese Reverse Takeover (RTO) whose shares were halted on fraud allegations
Grantham’s approach is to ignore market gyrations and stay focused on the long-term.
