Dear %%first_name%%,
Following the September 11 terrorist attacks, the NYSE was closed to avoid panic selling and the NASDAQ remained closed for a further six days, which was the longest shutdown since 1933. If non-essential businesses are now being locked down, then the normal running of commerce is being shut down too. How fair is it to keep the business of the stock market open?
As you know, over the weekend, the Federal Government announced several initiatives to ease the financial impact of the Coronavirus on retirees, investors and superannuants. In his article today, Paul (Rickard) analyses four of them.
As James Dunn says, there’s a ton of value in the stock market – if you’re completely ready to handle further falls. In his article today, James looks at some potential pockets of value: 10 in the REIT space and 2 in the infrastructure space.
In Buy, Sell, Hold – What the Brokers Say, for the week ending Friday 23 March, FNArena registered no less than 53 upgrades in recommendations for individual stocks versus 12 downgrades.
And finally, CMC Markets’ Chief Market Strategist, Michael McCarthy, explains why he has no buys to suggest in this volatile market.
Click here to pick up a copy of my book Join the Rich Club from the Switzer Store today.
Sincerely,
Peter Switzer