Market Intelligence

DAILY FLUCTUATIONS IN THE S&P 500 THE CORONAVIRUS CORRECTION The Wall Street Journal ran a front-page story on Feb. 18 about a group of financial advisors who were updating their vanity license plates to reflect the surging stock market. The image at the top of the article shows a guy in an orange sweater and sunglasses leaning against his BMW 530i. The license plate reads “DOW40K.” A week earlier, the Dow Jones Industrial Average closed at 29,551 – its all-time high. A month earlier, the International Monetary Fund predicted that the global economy was poised for a modest rebound, after…

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John Maxfield


John Maxfield is a freelance writer for Bank Director magazine. He was previously the senior banking specialist at The Motley Fool. He regularly writes for Bank Director magazine and BankDirector.com. His work has been syndicated widely to national publications including USA Today, Time and Business Insider, and he’s been a regular guest on CNBC. John has a bachelor’s degree in economics from Lewis & Clark College and a juris doctorate from Southern Methodist University. He’s a licensed attorney in the State of Oregon.

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