Opinions on the future of investing aside, you cannot debate the fact that metals have been as active as ever in the last year of trading.
Stock Market Crash
Last week, Federal Reserve Chairman Jerome Powell said he would not “even think about” lifting interest rates off their current 0-0.25% level as the US economy continues to work through the pandemic.
The stock market has officially “crashed” four times in the last forty years: 1987, 2000, 2007, and 2020. From crash to crash, stocks have put in new highs ranging from 2.5% to 355% relative to the most recent new high prior to crash.
If nothing else, the 2020 coronavirus (COVID-19) pandemic reminded us of the importance of risk management. From late February through the end of April, unprecedented levels of volatility swept the world’s equity, commodity, and currency markets. Traders familiar with the principle of diversification and how to hedge with options protected their wealth and may have… Read more.