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MARKETWATCH FRONT PAGE
Also, stocks to buy low, a limit for mortgage rates and a problem for Meghan and Harry. See full story.
Airline stocks slammed by coronavirus fears, but experts say reaction may be overdone
U.S. airline stocks have been slammed as companies cancel all but urgent travel and avoid regions with high numbers of cases of the coronavirus COVID-19, but investors say the reaction may be overdone. See full story.
Fed is already behind the curve, says Goldman, with central-bank firepower at just half its typical strength
Would the Federal Reserve ever do two inter-meeting rate cuts? Because the central bank is already behind the market as traders gobble up government bonds. See full story.
How the mortgage refinancing boom helped drive the 10-year yield to a record low
Investors say the wave of refinancing that comes with every decline in long-term Treasury yields can end up self-reinforcing the Treasury rally. See full story.
CNBC’s Rick Santelli suggests giving everyone coronavirus to spare the economy
Everyone in America should be given the coronavirus so the economic impact of the outbreak will be lessened, CNBC on-air editor Rick Santelli suggested Thursday. See full story.
MARKETWATCH PERSONAL FINANCE
There’s been a wave of refinancing activity as the average rate for a 30-year fixed-rate mortgage fell to a 50-year low of 3.29% this week amid concerns related to the coronavirus outbreak. See full story.
