NYSE Floor Trading Will Stop Starting Monday
NYSE said in a statement it would move to fully electronic trading starting on Monday, and would be initiating its business continuity plans.
NYSE said in a statement it would move to fully electronic trading starting on Monday, and would be initiating its business continuity plans.
Extreme volatility felt like a messy Amaranth-style liquidation. This is nowhere near that size but it also isn't the only fund under pressure.
DoubleLine Capital CEO Jeffrey Gundlach is worried about the current market turmoil but doesn't think zero interest rates are the answer.
“I’m not quite as bearish as I was even though it has a longer way to go down,” he said, while noting that many companies remain overpriced.
As for determining when the market’s bottom has been reached, Nuveen’s Doll says it all comes down to the fundamentals. He's looking at case reports.
Uncertainty around the impact the virus is having and will have on business and consumer spending remains high, says the top Goldman Sachs strategist.
Buffett said "events have moved very fast" since he discussed the weekend in his Feb. 22 shareholder letter. His doctor says he's fine.