Coronavirus sell-off threatens to end U.S. stock market's decade-long bull run

"The virus is disrupting supply chains, and companies are asking workers not to travel and not to go to work, which is lowering the total amount of hours worked in the economy," Slok said.

In this scenario, which BNY Mellon has at a 25 percent probability, there is a global pandemic that significantly disrupts trade, demand, and output."At minimum, we would expect the hit to be over the first half of the year," Levine toldIt is in this uncertain context that markets are falling."Markets hate uncertainty and are faced with uncertain economic impact of contagion," Levine said.

Consumer spending has been supporting the market, Silverblatt said, because"corporate spending has been disappointing." Russ Mould, investment director at AJ Bell, noted that the S&P 500's recent drop has taken it back to where it was in October."Putting the drop in that context it's really not such a big deal," Mould told"All that has really happened is that some froth has been blown off what had become a pretty bubbly market, with fairly speculative counters like Tesla, Beyond Meat and Virgin Galactic making spectacular gains in early 2020 .

Thought the stock markets only makes money for the 1% so who cares?

🙀

Or maybe the market was terribly inflated?

Schumer turned into a stooge for the borderline Communist Democrat Partying. After all these years as a Democrat Schumer spinelessly allowed communism to take over Democrats party.

ok but why is dr. wily mad isn't he responsible for this

I suffered with bronchitis for years until my then Doctor gave me an antibiotic for Anthrax. Since then No bronchitis Just a thought you can try

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Corona may be taking a hit amongst drinkers because of coronavirus - Business Insider'There's a good amount of misinformation out there,' a spokesperson for the company that distributes Corona in the US told Business Insider. Beer is good. 🤣 I'll have theirs. Morons. People are dumb
Source: BusinessInsider - 🏆 729. / 51 Read more »

Corona releases 'poorly timed' ad during coronavirus outbreak - Business InsiderAs the coronavirus goes global, Corona Hard Seltzer releases new ad about the beverage 'coming ashore soon' pensando assim vemos a seriedade da empresa! Somewhere, it’s some poor soul’s job to answer the “we’re just reaching out for comment, are you trying to profit from the recent popularity of the coronavirus?” phone calls.
Source: BusinessInsider - 🏆 729. / 51 Read more »