Tag: Market

How to Trade the New Bull Market As the Economy Begins to Reopen

The bull market is back. And stocks have been on a tear.

Pretty amazing, given where we were just a couple of months ago.

On March 11th, just 19 days after hitting all-time record highs, the historic 11-year bull market was stopped in its tracks due to the coronavirus, and a new bear market had begun.

It was the fastest we’d ever seen a bull market turn into a bear.

Stocks plunged as traders braced for the worst with the Dow falling as much as -38.4%, the S&P falling by -35.3%, and the Nasdaq falling by -32.5%.

But after spending

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FFANY’s August Market Won’t Be Typical, But Plans Are Underway to Bring the Industry Together

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With New York City’s reopening plan not yet finalized, FFANY is unveiling a modified plan for its August market week.

“As we are all aware, New York City has been the epicenter of the pandemic and the city will understandably be slow to recover and resume normal activities. Part of this reopening will be the city being ready to welcome business visitors and the willingness of buyers to travel to Manhattan,” said John Heron, executive director of FFANY. “Unfortunately, we do not anticipate this being viable in August.”

More from Footwear News

FN

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