The Compound News is a curated financial advice aggregator for all things related to investing and the stock market.

The pandemic has gotten Americans to hoard cash as the personal savings rate surged in April 💰🏦 – @CNBC

https://www.cnbc.com/2020/05/29/us-savings-rate-hits-record-33percent-as-coronavirus-causes-americans-to-stockpile-cash-curb-spending.html

“While we look to the past for guidance as to the “worst case,” there’s no reason why future experience should be limited to that of the past.” 📖🚧 – Howard Marks

https://www.oaktreecapital.com/docs/default-source/memos/uncertainty-ii.pdf

“Whenever the role of investing and luck comes up, people sometimes overlook a simple fact: The year in which they were born.”🍀🎲 – @ritholtz

The “Unluckiest” Generation

“Stuff that “never” happens in the markets seems to happen all the time now.” 🤷🤷‍♂️ – @awealthofcs

https://awealthofcommonsense.com/2020/05/a-one-of-a-kind-market-environment/

Why there is a big difference between ‘fast’ and ‘slow money’ 🐇🐢 – @blairhduquesnay

The Slow Money

“Predictions that come true bring invitations to be on CNBC. Predictions that don’t bring client redemptions. Black and white.” 📺💸 – @morganhousel

https://www.collaborativefund.com/blog/why-were-blind-to-probability/

The US-China trade war has erased $1.7 trillion from US companies’ market value: Fed

https://www.businessinsider.com/trade-war-cut-trillion-stocks-market-value-us-federal-reserve-2020-5

Walt Disney World has a plan to reopen in mid-July, but things are going to operate a lot different 🐭🧚🏰 – @NYTimes

Another 2,123,000 Americans filed initial unemployment claims last week 👷👷‍♀️ – @calculatedriskblog

https://www.calculatedriskblog.com/2020/05/weekly-initial-unemployment-claims_28.html

BANK OF AMERICA: These 5 trends emerged from companies’ first-quarter earnings reports

https://markets.businessinsider.com/news/stocks/stock-market-trends-first-quarter-earnings-reports-coronavirus-economy-bofa-2020-5-1029244967

Hedge Funds Said One Thing. Their Portfolios Show Another. 🤔

https://www.institutionalinvestor.com/article/b1lt9d50f1bkml/Hedge-Funds-Said-One-Thing-Their-Portfolios-Show-Another

“It’s hard to believe after the crash we experienced that the S&P 500 is now showing just single-digit losses on the year.” 😒😲 – @awealthofcs

https://awealthofcommonsense.com/2020/05/how-much-of-stock-market-losses-have-been-made-back/

AT&T’s big bet on video streaming, HBO Max, launches today: what you need to know 🧙🧙‍♂️ – @Vulture

https://www.vulture.com/article/what-is-hbo-max.html

“None of the people who remember calling the crash are liars, they are simply humans.” 🤔🤔 – @ritholtz

Hindsight Bias Free for All

Trump vs Twitter – you knew it was coming eventually

It’s not just a US thing…Japan’s brokerage houses are seeing a ‘flood of new customers’ 🇯🇵🏛 – @FT

https://www.ft.com/content/0970be92-8064-434d-9849-4e727bf9445e

4.2 million, or 8.4%, of US home loans, are currently in forbearance ⏱🏘 – @HousingWire

Mortgages in forbearance rise to 4.2 million, MBA says

DID YOU KNOW: Orange juice is the world’s best performing commodity YTD? 🍊🍊 – @axios

https://www.axios.com/orange-juice-top-commodity-brazil-prices-dacbddf4-d278-4cfa-b14e-ee5a9c24a7cf.html

Stock Market Investing Financial Advice

Why young investors are bulls and older investors turn bearish

“Rebalancing is not an unmitigated good.” 🤔 – John Rekenthaler

US money market funds are waiving fees to avoid negative yields 0️⃣💸 – @FT