Weekly Gasoline Price Update: Regular and Premium Down 8 Cents
The price of Regular and Premium are down eight cents each from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.19 and Wisconsin has the cheapest at $1.41. The WTIC end of day spot price closed at 26.08, up 27% from last week.
The Big Four Economic Indicators: March Employment
This commentary has been updated to include yesterday morning's release of Nonfarm Employment. March's 701K decrease in total nonfarm payrolls had revisions that resulted in 57K fewer jobs than previously reported. The Investing.com consensus was for 100K jobs lost and the unemployment rate to increase to 3.8%.
Weekly Investment Strategy
The phrase “a picture paints a thousand words” seems truer than ever as images of lockdowns flood our newsfeeds. From the eerie emptiness of Time Square to closed retailers, there is concrete evidence that all are doing their part to combat the outbreak.
US Equities: Taking the Long View Through Today's Uncertainties
While the US economy continues to suffer the wrath of the coronavirus, a recovery will eventually come. Franklin Equity Group's Grant Bowers provides his latest update on the US equity market, and what he and his team have an eye on with a long-term investment view.
Record Unemployment Claims and Oil's Best Day Ever
A head-spinning 6.6 million Americans filed new claims for unemployment benefits this week bringing the two-week total to 10 million. That’s more than the combined populations of Los Angeles and Chicago.
Looking Back at the Markets in March and Ahead to April 2020
March was a really tough month. After a terrible February, all major stock indices were down by double digits, leading to significant declines for the quarter as a whole. All of the major indices ended the month and quarter below their 200-day moving averages, often a sign of more trouble ahead.
Navigating Emerging Markets During Uncertain Times: This Too Shall Pass
Even though economic activity in many countries has dramatically slowed or stopped due to the coronavirus outbreak, Franklin Templeton Emerging Markets Equity’s Andrew Ness still thinks there’s underlying long-term potential in emerging markets. He shares the specifics of what he’s on the lookout for as an investor in this highly uncertain period, which eventually will pass.
Which Way Now?
How should investors think about the economy and asset values when faced with unprecedented uncertainty surrounding the effects of the coronavirus and a complete absence of guidance from analogies to the past? Read Howard Marks’s latest memo, in which he lays out the views of both the optimist and the worrier.
This Multi-Phase Crisis Can Be Navigated if We Join Forces to Thread the Needle
Matt provides a framework that he and his team use to make sense of the headlines and the price bids flashing on their monitors. His realistic, yet hopeful outlook provides a roadmap for successfully navigating this universal crisis together.