MarketWatch: U.S. stocks score biggest one-day gain since 2008 after Trump declares national emergency over coronavirus

Jim Gubitosi, co-Chief Investment Officer at Income Research, was quoted in MarketWatch following U.S.
2 min read
Share this post

Original article by William Watts and Joy Wiltermuth

 

Jim Gubitosi, co-Chief Investment Officer at Income Research, was quoted in MarketWatch following U.S. President Donald Trump’s national emergency declaration over coronavirus. As economists anticipate a “novel” global recession driven by the pandemic, Jim notes that credit investors remain cautious, and although markets will experience a tough stretch for a while, “there will be a fair amount of monetary and fiscal stimulus that kicks in at some point.”

 

Read the full article here.

Share this post

Related posts

View all
2 min read

BondBloxx Breaks Out New Tax-Aware ETF

On Thursday, BondBloxx partnered with Income Research + Management (IR+M) to launch the BondBloxx IR+M Tax-Aware Short Duration ETF (NYSE Arca: TAXX).

2 min read

Fund Files: BlackRock PM comes off $2bn fund, BondBloxx launches active ETF

Veteran BlackRock portfolio manager Joseph Wolfe has come off of the $1.9bn BlackRock Large Cap Focus Value fund (MABAX) and the $7.8m BlackRock Global Impact fund (BGIMX), according to filings with the Securities and Exchange Commission (SEC).

2 min read

Eikon: Wendy’s and Massage Envy Land Whole Biz ABS

Recent pricing on wholesale ABS deals for chains Wendy’s and Massage Envy illustrate differences on deals in this area of the market, reports Eikon.

Data provided as of January 2, 2024
@ 2024 Income Research + Management. All Rights Reserved.
chevron-down