Bonds

An imagined conversation with the legendary Vanguard founder about the coronavirus market crash.

“Americans need to know they have access to their money," Treasury Secretary Steven Mnuchin said.

The negative superlatives for American stocks are piling up.

Lenders have been ringing up investment firms and hedge funds to garner interest in financing to companies in industries upended by the coronavirus.

More bad news about the impact of the coronavirus further sapped investor spirits.

The bloodbath in risk assets has intensified on deepening concerns about the economic fallout from the spread of the coronavirus.

Buyers yanked $2.9 billion from the sector in the final days of January, nearly wiping out gains so far this year, data show.

Stock plunges can hurt more than some clients may know, due to their asymmetrical relationship with gains.

"We seek to finance the government at the least possible cost to taxpayers over time," said Treasury Secretary Steven Mnuchin.

Investors who plan to retire early are advised to start saving as soon as possible and diversify their earnings with multiple sources of income.