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Latest Insights on PENN

The Worst May Be Over, but We Haven’t Felt This Recession Yet (4-minute read) Investors and consumers are feeling good. But that optimism is misplaced, as John Ross will explain today.
Junk Bonds Say the Downturn Just Got Started Carnage in junk bonds is beginning. That’s bad news for investors in the stock market.
This Chart Proves the Rebound Isn’t Sustainable (but There’s a Silver Lining) [5-minute read] The stock market isn’t what it used to be … which means it’s time to change your strategy.
2 Ways to Play the Market Recovery (10-minute video) COVID-19 reset the economy in a big way. Weak companies got the stuffing knocked out of them, while businesses that were doing well before the outbreak continue to thrive. Today, Charles Mizrahi discusses two of those companies — and shows you why they’ll do even better once the economy fully reopens.
Holy cats! It was a busy Friday: consumer spending, blocked Huawei, Chinese threats, virus testing, bouncing banks? That’s quite a smorgasbord of market-moving data. Retail Weeps, China Creeps, Bankers Beat and Testing Sleeps
by Joseph Hargett May 15, 2020 Great Stuff
Friday Four Play: You Down With PPT? Holy cats! It was one busy Friday. I mean, we had a literal smorgasbord of market-moving data … all in one day: Consumer spending set another record in April, plunging 16.4%. President Trump blocked semiconductor shipments to Huawei. China threatened to activate its “unreliable entity list.” Trump questioned […]

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