Global Markets

Expert Opinion

New Stock Lows, Long-Term Pain Ahead

Janet Levaux |

“It looks like a depression scenario,” according to the CEO of DoubleLine Capital.
News

Deeply Distressed Companies May Not Get Fed Loans

Katherine Doherty, Kelsey Butler & Steven Church |

For businesses that were struggling before the pandemic struck, the federal stimulus bill “may not be the economic life preserver companies and their lenders were hoping for.”
Analysis

Employer Obligations During Closings and Layoffs

Daniel Eric Gonzalez & Andrew M. Gordon |

Don’t forget the WARN Act, a federal law that requires covered employers to provide employees with a 60-day advanced notice of impending layoffs.

News

House Passes $2.2 Trillion Coronavirus Relief Bill

Melanie Waddell |

The bill, passed by voice vote, now goes to President Trump's desk.
Expert Opinion

Jeremy Siegel Praises Stimulus Plan, Says There’s More Fed Can Do

Jeff Berman |

However, global recession is coming, he predicts.
News

Senate Passes $2.2 Trillion Stimulus Package

Melanie Waddell |

Lawmakers, however, are already calling for more.
News

Senate Won't Leave Until Stimulus Bills Pass

Melanie Waddell |

The Senate will vote on a House bill providing free testing. But the next step, getting money to Americans, has sparked disagreement.
Expert Opinion

Gary Shilling Forecasts a ‘Major Global Recession’

Bernice Napach |

The coronavirus pandemic is a shock to economies that were already weakening, he says.
Analysis

We Need Broad Fiscal Stimulus, Right Now

Bernice Napach |

Swift, strong action could help prevent a major economic crisis, economists and strategists say.
News

Fed Unleashes Emergency Loan Facilities

Christopher Condon, Craig Torres & Matthew Boesler |

As U.S. braces for virus fallout to get worse, the Commercial Paper Funding Facility and Primary Dealer Credit Facility are designed to support corporate liquidity.

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