Diamonds and Dogs


Anheuser Busch InBev (BUD) rose 11% to a one week high. Budweiser in Brazil will start making and delivering 5,000 sanitizer gel bottles to every public hospital in Sao Paulo, Rio de Janeiro and Brasilia, where most of the country's coronavirus cases are concentrated. A little good news in some tough times.

AT&T (T) tumbled 7.8% as the wireless carrier warned the outbreak might have a material impact on financial results as they canceled a $4 billion share repurchase agreement. Also, New York state ordered all non-essential workers to stay at home to contain the coronavirus outbreak that has fueled the worst monthly rout in U.S. equities in three decades.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.