, telling clients the company had enough cash to survive the coronavirus downturn and that air travel would eventually return. The shares are off 66% this year. The aerospace giant also suspended its dividend.
"If short-term shutdowns lead to business defaults, closures, and permanent layoffs, the damage to corporate earnings growth could persist well after the virus is contained," Kostin said in a note. . Morgan Stanley economist Ellen Zentner said in a note Sunday she expects a historic 30% contraction in the second quarter.
The Fed's actions are the real story here and should be blowing up on CNBC for the repercussions that they will bring.
Nancy playing politics..if she keeps this up, the people will drag her out by her hair and toss her on the shit stained sidewalks of San Francisco 😐
Democrats are counting on folks being too weak from starvation to vote for Trump.
More accurate account of reality: “Stocks fell sharply on Monday after the Senate Democrats twice killed efforts to pass a stimulus package” Everyone on planet earth knows it would read this way if Republicans killed a similar plan
How many big Democrat donors have the markets shorted?!
A stimulus bill that helps zombie firms limp along will delay and sabotage the economic healing process. If zombie firms die and energy prices rise now, then the economic recovery will favor viable new industry. Universal basic income will help the healing process.
Pure BS. WS knows a bill will pass so today’s action is fraud.
This is exactly the outcome that democrats are working toward. Democrats are evil.
The WS white collar Taliban has wiped out 9 trillion dollars in 3 weeks, divide that by 500 deaths, that’s quite expensive, this is nothing more than political financial terrorism and the Trump admin and FBI too stupid to see what’s really going on via the WS globalist Algorithms
anblanx The news media is to blame for this too why don’t you put on the air that these politicians need to pass a clean bill which means for you dummies out there a bill that pertains to the China virus only anything else not important it’s that simple but they don’t they like the chaos
Thanks chuckschumer. Asshole.
Need to be prepared Democrats will not let this bipartisan bill pass, they know it will help Trump and they don’t care if it destroys America as long as they take down Trump
Please put a clause that none of this money will go to that stupid wall in the middle of nowhere. Needs to go to critical infrastructure like hospitals etc.
Dam democrats
WINNING!
Exactly what Democrats are trying to do
Screw that, how has the construction schedule on FLOTUS new tennis pavilion been impacted?
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