Investing

Investors should be willing to put cash to work after the market’s worst day since “Black Monday” in 1987, CNBC’s Jim Cramer said Friday.  “There’s trillions of dollars on the sideline, waiting and waiting and waiting,” Cramer said on “Squawk Box.” “They’ve got what they’ve been waiting for.” He asked, “How can you not start buying

The U.S. stock market will drop as much as 30% from last month’s highs as global economies go into coronavirus-driven recessions, said economist Mohamed El-Erian, who correctly predicted earlier in the week the selling would continue until a bear market was reached. The former CEO of investment powerhouse Pimco said on CNBC’s “Squawk Box” on Thursday that investors should not expect a quick

Former Treasury Sec. Jack Lew said Thursday the coronavirus pandemic does not look like the financial crisis and that the federal government should focus on the health crisis and wages for workers before addressing issues with major companies.  “It is incumbent on policy makers to look at fiscal tools very carefully and to target them

People pass a sign for JPMorgan Chase at it’s headquarters in Manhattan, New York City. Spencer Platt | Getty Images JPMorgan Chase on Thursday told managers to implement a plan to have employees based in offices in Manhattan, Brooklyn and Jersey City to start working from home in shifts beginning on Friday. “We are asking

Allianz chief economist Mohamed El-Erian said Monday that long-term investors should be cautious about buying stocks because financial markets are showing signs of stress. “We started seeing today more market stress, more liquidity stress. Yesterday, it was just the credit market and the inflation market. Today, it got to the Treasury market. So be careful

The stock market’s recent extreme volatility has made it advantageous for investors to pick individual equities, Bank of America strategist Savita Subramanian told CNBC on Wednesday.  “This is an environment where passive, ETF investing might not be the most prudent way to invest,” Subramanian said on “Fast Money.“  That’s because the market’s sell-off in response to concerns

U.S. President Donald Trump (L) is introduced by White House economic adviser Larry Kudlow during an Opportunity Zone conference with state, local, tribal and community leaders, in the Eisenhower Executive Office Building. Mark Wilson | Getty Images The leaders of the biggest U.S. banks are scheduled to meet with President Trump Wednesday afternoon as the

US President Donald Trump gestures after arriving on Capitol Hill as US Senate Majority leader Mitch McConnell (R-KY) and Senator Roy Blunt (R-MO) look on in Washington, DC on March 10, 2020. Nicholas Kamm | AFP | Getty Images As oil prices decline and pressure energy companies, President Donald Trump will reportedly likely seek a

CNBC’s Jim Cramer said Tuesday that he feels better about buying stocks now that President Donald Trump publicly acknowledged the need for coronavirus relief for workers and small businesses. Trump plans Tuesday to meet with Senate and House Republicans to discuss “a possible payroll tax cut” and other “substantial relief” as coronavirus cases in the

Traders work at the New York Stock Exchange in New York, the United States, on Jan. 8, 2020. Xinhua News Agency Financial markets should be able to recover from the recent sell-off with the help of the Federal Reserve and the U.S. government, according to JPMorgan Chase.  The firm believes stocks have priced in a

The stock market continues to slide as coronavirus concerns persist, but shares of Amazon are looking like a buying opportunity, CNBC’s Jim Cramer said Monday.  “I like Amazon right here,” Cramer said on “Squawk on the Street.” “I think you start a position in Amazon absolutely.” Amazon’s stock was down more than 2% on Monday and

Oil pumpjacks in the Permian Basin oil field are getting to work as crude oil prices gain. Spencer Platt | Getty Images CNBC’s Jim Cramer said Monday he could see the oil industry experiencing a significant wave of bankruptcies if low crude prices persist.  Of the more than 35 companies in the oil industry he

Greycroft chairman Alan Patricof said Thursday the recent market pullback was a “blip” and that investors should remain calm. “This is a blip, and we’ve seen a lot of blips in the last 20 years,” Patricof said on CNBC’s “Closing Bell.” Stocks sold off dramatically again on Thursday, continuing a volatile period of trading that

Investors who have long time horizons should continue to take advantage of the stock market’s pullback due to coronavirus fears, National Economic Council Director Larry Kudlow told CNBC on Friday.  “Long-term investors should think seriously about buying these dips,” Kudlow, President Donald Trump’s top economic advisor, said on “Squawk on the Street.“ Kudlow, formerly a longtime CNBC commentator, said

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 2, 2020. Brendan McDermid | Reuters V-shape? U-shape?  L-shape?  Wall Street strategists are engaged in a fight over whether the coroanvirus outbreak is a one-quarter hit to earnings and the economy or whether it is a multi-quarter phenomenon. 

Traders work on the floor of the New York Stock Exchange on February 27, 2020. Scott Heins | Getty Images Fears that the fast-spreading coronavirus will disrupt global supply chains and tip the economy into a recession are gripping investors on Wall Street. In a tumultuous week for stocks, the 30-stock Dow swung 1,000 points

Virtu Financial founder Vincent Viola said Friday that the strength of the U.S. economy is a signal that now is a good time to buy stocks despite the recent sell-off.  Viola told CNBC’s Scott Wapner on “Halftime Report” that the labor market showed that the U.S. economy was still strong. “I am of the opinion

Source: Leidos A government contractor Stifel deemed “The Terminator” could be one of the best bets to lead the market back after the coronavirus sell-off, according to Wall Street analysts.  Analysts have been getting behind Leidos as the outbreak has spread around the world. In the last three weeks, Wells Fargo and Stifel upgraded the stock to

Panic selling not only locks in losses but also puts investors at risk for missing the market’s best days. Looking at data going back to 1930, Bank of America found that if an investor missed the S&P 500’s 10 best days in each  decade, total returns would be just 91%, significantly below the 14,962% return

Stock trading app Robinhood is rolling out trading in bitcoin and ethereum in February for customers in five states. Source: Robinhood Free stock trading pioneer Robinhood is experiencing another major outage on Monday, keeping clients on the sidelines during another historic day for stocks.  “Trading is currently down on Robinhood and we’re investigating the issue,” the