Bear MarketDaily Bear Market News
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Taco Tuesday Hopefully, you have some tacos stockpiled at home that you can eat for lunch while reading Bear Market? Looks like the wealthy are stockpiling a lot of things now that the pandemic is in full swing—the rich are buying some really nice underground bunkers. Yes, this new real estate niche is growing fast. You’ll want to check out that and seven other interesting reports…have a good read.
Stock Market3 Beverage Stocks to Buy Now
According to Goldman Sachs Bonnie Herzog, there are three names in the beverage sector that are well setup to outperform as the year continues. ([link removed])
See 3 Beverage Companies Poised to Grow → ([link removed])
Stock MarketU.S. Stocks Rose on Monday; End 7% Higher
Signs that the coronavirus spread was slowing in New York City encouraged investors yesterday. The latest data showed NYC had its first decline in fatalities stemming from the virus. “It’s very tentative, but that’s what people have been waiting to see,” said Keith Lerner, chief market strategist at SunTrust Advisory Services, in an interview.
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Tech Industry Samsung Predicts Limited Impact from Coronavirus
Samsung Electronics Co. delivered a profit forecast that was above analysts’ expectations. The South Korean giant expects only a moderate dent in their profits. Samsung is the world’s largest smartphone and memory-chip maker and acts as an industry bellwether because of its intricate position in the global marketplace.
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Federal ReserveThis Chart Shows Why BlackRock, Other Asset Managers Upbeat on U.S. Credit
Many asset managers like BlackRock feel optimistic when they see the Federal Reserve balance sheet—even with the economic slowdown from the coronavirus. This chart shows the Fed’s dominance over the $20 trillion pile of aid offered by central banks from 2004 to 2020.
See Chart → ([link removed])
EconomyThese Businesses Still Open Despite COVID-19 Pandemic
You are probably aware that many businesses are closed right now as a result of the COVID-19 outbreak. But do you know what businesses are still open? Aside from the obvious ones, like hospitals and police stations, there are some additional businesses deemed “essential” that may surprise you. One of them is good if you have pets.
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Real EstateCoronavirus Boosts Luxury Underground Bunkers, Off-grid Living
Where do the rich go when they “bug out”? Why, they retreat to their luxurious underground bunker. There are now real estate companies like Vivos—which characterizes itself as a ‘global shelter network’ and they help the rich find places to escape filled with stockpiled foods, blast-proof doors, even escape helicopters.
Read More → ([link removed])
Stock Market Younger Investors Buy Up Cruise Ship Company Shares
The Boomers are known to be a big consumer base for the cruise line industry. However, when it comes to investing in cruise lines, the younger generations are buying up shares, according to two Wall Street strategists.
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Hospitality IndustryAirbnb Raising $1 Billion Despite Economic Fallout from Coronavirus
Airbnb has raised a billion dollars in a new round of funding led by Silver Lake and Sixth Street Partners. However, the valuation of the company has dropped to about $26 billion from $31 billion in 2017. It’s still unclear if the company will go public this year.
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