Dow closes higher on New Year's Eve, but suffers biggest annual decline since 2008

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Dow closes out bruising 2018 with 265-point gain on trade talk progress, but 5.6 percent loss for year is biggest annual decline since 2008

 

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U.S. stocks log worst year since 2008Trade-deal headlines provide a lift for stocks on Monday, but major indexes ring out 2018 with their worst performance since 2008. The worst is yet to come
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Stocks finish worst year since 2008 on a bright noteWall Street closed out a dismal, turbulent year for stocks on a bright note Monday, but the market still finished 2018 with its worst showing in a decade. A strong economy and worst market year...WTH on to 2019!
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Stocks finish worst year since 2008, ending on a bright noteU.S. stocks ended a miserable year on a positive note Monday, but the market still closed out 2018 with its worst showing in a decade. After setting a series of records through the late summer and early fall, major U.S. indexes fell sharply in October and ended the year in the red. And what overall level is it compared to the Obama years? Thought so, Better fire up the printing machines and print some more money like the last time this happened. Quantitive easing! Are we tired of winning yet?
Source: latimes - 🏆 11. / 82 Read more »

GE drags premier U.S. corporate debt, which posts worst year since 2008The stock market's gyrations have grabbed the year-end headlines, but anoth... So corporations aren’t paying their debt, government isn’t paying their debts but the working class must pay their share, do I have that right? Why do we keep doing this? 😩
Source: Reuters - 🏆 2. / 97 Read more »

CEO churn was the highest last year since 2008A record number of CEOs left their jobs last quarter, according to a report released by a job placement firm. The number who departed their posts in 2018 is the highest annual total since 2008, when the financial crisis hit. Took the money and ran. Only debt is left to trickle down. THE WAY I SEE IT IS THEY ROBBED THEIR CORPORATIONS LEGALLY WITH BONUSES AND HAVE LEFT WITH THEIR JACKPOTS BECAUSE THEY KNOW 2019 IS GOING TO SEE A RECESSION! WONDER IF THEY SENT GOP A THANK YOU DONATION FOR THEIR NEW FOUND WEALTH!! They aren't stupid. They can take advantage of the lower tax rate on their golden parachute.
Source: CNN - 🏆 4. / 95 Read more »

Investor Cutback in New Market Bets Is Most Severe Since 2008The investor pullback from the asset-management industry in 2018 is the most severe since the last financial crisis, a sign that doubts about the direction of global markets are intensifying. dawnmlim Wonder when trump and the reds will blame the incoming dems for the economic. slowdown The Trump Effect?🤔😳 Without the Trump mad money, managers will have to make money the old fashioned way. They'll have to 'earn it'.
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Wall Street poised to end 2018 in the red after topsy-turvy yearThe US stock market was on the brink of the worst year since the global financial crisis with a year-end collapse that also raised doubts about prospects for 2019. Ending in the red after Monday's final session of 2018, did not appear in the cards in the first weeks of the year, when Wall Street Interesting because Im looking at the chart and it seems the Dow was just above 7000 in 2009 and today its 23,327 so wtf are you talking about?! The fall in 08 was from 13k to 7k, about 45%, compare to about 11% this year so again wtf are you talking about?!
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