Vanguard Total Bond Market ETF (BND)-- which invests across the spectrum of the domestic investment - grade bond market — has a comparable yield of 1.98 %, but it also experienced nearly a 5 %
drop in its share price during the May - June sell - off.
Not exact matches
That
price range was already a
drop from the valuation investors gave Square
during its most recent private round of financing, when Square raised $ 150 million at $ 15.50 per
share, or at a valuation of $ 6 billion,
in October 2014.
Many grocers saw dramatic
drops in stock
prices; Kroger Co.'s
shares fell 32 % despite posting positive results
during the downturn.
That's why
during a recession, you want a lot of cash, cash equivalents, or access to money
in some way at your disposal
in the event that you lose your job, the stock market crashes and you don't want to sell your
shares at depressed
prices, you suffer a pay cut of some sort, are disabled, or you own a business and sales start to
drop.
The gift that is American energy is seen
in some key numbers: domestic crude oil production reaching more than 9 million barrels per day last month, the highest level
in more than two decades, according to the U.S. Energy Information Administration (EIA); total U.S. net imports of energy as a
share of energy consumption falling to their lowest level
in nearly 30 years
during the first six months of this year; gasoline
prices dropping to an average of $ 2.47 per gallon last week, their lowest point since May 2009, according to the Lundberg Survey Inc..