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MARKETWATCH FRONT PAGE
Analysts at Bernstein Research in a comprehensive note discussed what approaches are worth keeping an eye on. See full story.
European stocks trade lower as investors weigh up stimulus plans and border closures
European stock markets headed lower on Wednesday, as investors weighed up plans by governments to prevent economic collapse from the coronavirus pandemic and the EU announced borders would close to stem the outbreak. See full story.
U.S. businesses need a $2 trillion bailout to avoid a possible ‘global depression’, says Guggenheim’s Minerd
A new fund would need to be made available to a range of industries, Minerd says See full story.
The NYSE, a symbol of America, is fighting to keep its trading floor open amid coronavirus pandemic
The NYSE officials are adamant about the need for the exchange to remain open and to maintain a staff of flesh-and-blood traders on the floor even as the New York City Mayor Bill de Blasio hinted on Tuesday at the possibility of tighter restrictions on the movement of the city’s residents to mitigate the contagion, which has infected about 200,000 people world-wide and claimed nearly 8,000 lives, according to data compiled by Johns Hopkins University. See full story.
Borrowing from Winston Churchill’s wartime speech, Ireland’s leader gives chilling warning on coronavirus: ‘Never will so many ask so much of so few’
‘This is the calm before the storm,’ Irish Prime Minister Leo Varadkar said, predicting the number of cases will soar to 15,000 in weeks from 292 currently. See full story.
MARKETWATCH PERSONAL FINANCE
Mortgage firms must prepare now for a U.S. recession, writes Sanjiv Das. See full story.
