Trump’s attacks on Powell pose another risk for bondholders — especially older investors
Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American Business Editors and Writers for his financial writing, and was part of the Boston Herald team that won two others. He has worked as an analyst at McKinsey Co., and is a Chartered Financial Consultant. His latest book, “Storm Proof Your Money”, was published by John Wiley Co.
Is the stock market open today? Are banks closed?
Charles Passy covers a variety of topics, includingpersonal finance, food, entertainment and anything and everything trending and quirky. He also writes the Weekend Sip column, which covers wine, spirits and beer. In his spare time, he obsesses about where to find the perfect slice of New York-style pizza.Follow him on Twitter @CharlesPassy.
Why the worst of this stock-market correction may be over
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The S&P 500
SPX will bottom on May 17 at 5,309 — 13.6% below its Feb. 19 all-time high. That’s if the U.S. stock-market correction that we now know began on Feb. 19 lasts as long as the median correction of the past 100 years, and declines just as much.
Of course, the current correction could morph into a major bear market if the market loses more than 20% from its high. But odds are that it won’t. Of all S&P 500 drops of at least 10% since 1928, 60% of them stopped before the market fell through the 20% threshold to satisfy the semiofficial definition of a bear market.
Oil prices consolidate after 7th straight weekly loss for U.S. benchmark
William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms.
