The following first appeared on Money & Markets. Last week, I asked what changes once the coronavirus scare passes, and what doesn’t. Today, we’re going to expand on that theme, looking at company earnings. We’re obviously not going to live under lockdown forever. Though I can tell you it’s starting to feel that way, and after weeks...Read More
The following first appeared on InvestorPlace. Few companies have been battered as hard as Carnival Corporation (CCL) by the coronavirus pandemic and resulting lockdowns. Along with hotels and airlines, Carnival has the misfortune of being a travel and leisure company with high overhead and effectively no income for the foreseeable future. In mid-January, when COVID-19 was hitting the...Read More
The following fist appeared on Money and Markets. We’ll never know the exact numbers, but I suspect a lot of Boomers will be delaying retirement for a couple years following the coronavirus bear market. While the S&P 500 is sitting at March 2019 levels, shares of the sorts of high-yielding stocks loved by retirees – equity...Read More
The following is an excerpt of “Is the Market Actually Cheap?“, which first appeared on Money & Markets. It’s not so clear that this is the generational buying opportunity some of the bulls seem to think it is. Let’s take a look at market valuations. This is where the cyclically-adjusted price/earnings ratio (“CAPE”) comes in handy....Read More
The following first appeared on Kiplinger’s as The 20 Best Stocks to Buy Now The coronavirus crisis will end. I don’t know when, and you don’t know when. But it will end. We won’t live under lockdown conditions forever. By this stage of the game, you should have already made the defensive moves you were going...Read More
