[Editor’s note: “10 Stocks to Buy as They Ride a Coronavirus Tailwind” is regularly updated to include the most relevant information available.]
After suffering one of the worst declines in history, the investment markets mounted a comeback in the second half of March. Even this small piece of optimism appears to be failing, though, due to enormous fundamental pressures. Nevertheless, not everything is melting down. Certain industries may offer what I’ll call, for lack of a better phrase, coronavirus stocks to buy.
For this list of publicly traded companies, I’m focusing on names that are mostly relevant to the present crisis. While virtually all sectors have printed red ink, a few individual companies either have performed surprisingly well amid the chaos or have pertinent businesses that are on discount. Additionally, many of these coronavirus stocks to buy offer upside potential once we get through this awful season.
Over the last … Read More
Though the White House has not held an official coronavirus task force briefing all week, President Donald Trump has taken the opportunity at other scheduled appearances to take questions and applaud his administration’s response to the coronavirus pandemic as a “spectacular job.”
At the tail-end of a response to a question Thursday about the president’s senior adviser and son-in-law Jared Kushner declaring the government’s response to COVID-19 a “success story,” Trump touted the U.S. death total, which has climbed past 60,000, as “very strong.”
“Our death totals, our numbers per million people, are really very, very strong. We are very proud of the job we have done,” he said in the East Room event on “protecting America’s seniors.”
Trump’s push to reopen comes as the country’s economy sees its largest decline since the Great Recession, unemployment claims break records and as a November presidential election approaches.
In an unannounced event, … Read More