It has been a week since I posted my previous article but the S&P 500 stock index has managed to decline from 2800 to the low of 2475. On the whole, since February 20th, the decrease in the S&P 500 has amounted to 28%, which is the greatest decline of the index in the last 10 years. The current situation can easily be called a crisis, and its reason is not some overheated economy or a bubble in some sector but a virus.
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10 min
The time has come for coronavirus to influence the quotations of stock indices as well. While a month ago these were just rumors, now investors are seriously worried about the probable troubles of Chinese companies.
6 min
In an article posted in April, we expected the S&P500 to reach a record high and then correct, with the investors seeing no reasons for the index to go further up.
6 min
The last week Fed meeting decided on the key short term interest rates. The market players are always eying this event, focusing on the future economic outlook commentary.