President Trump has often bragged about how the stock market has performed since he was elected, but that can be a dangerous game, especially during the coronavirus crisis.
The S&P 500 Index SPX, +5.73% returned 19.3%, with dividends reinvested, from the close on Nov. 8, 2016, when Trump was elected, through the close March 16, 2020. That is a sobering number when you consider that the benchmark index returned 31.5% last year.The Nasdaq Composite Index COMP, +5.65%, which is heavily weighted to the largest technology companies, including Apple AAPL, +5.05%, Microsoft MSFT, +7.31% and Amazon AMZN, +7.12%, returned 37.9%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Oh ya everything is his fault including the corona virus and why people are so dumb, all trump’s fault 🙃🤣. Get a life you useless victims
Yup...and I'm sure POTUS is the reason why Germany, Italy, Russia, Spain and Australian markets are all down 40% +
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.
Plunging stock market futures hit 'limit down' — Here's what that meansContracts on the S&P 500 dropped 5%, reaching a 'limit down' band that made by the CME futures exchange to prevent further losses. I'm confused on the FUTURES limit down. Could you please explain that for the novice. Thank you.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks crumble, unconvinced as Fed and peers attempt radical rescueStock markets and the dollar were roiled on Monday after the Federal Reserve sla... Why not close Wall Street for a few days as acting more like anxious gamblers than educated financial folks SYDNEY () - Stock markets and the dollar were roiled on Monday after the Federal Reserve slashed interest rates in an emergency move and its major peers offered cheap U.S. dollars to ease a ruinous logjam in global lending markets. coronavirus
Source: Reuters - 🏆 2. / 97 Read more »
4 things that get easier when the stock market falls - Business InsiderWhen stock market is down, it's easier to buy more shares of stocks, to borrow money, and to focus on other parts of your financial plan. Discover This New Online Strategy That Almost Nobody Knows About It is only partial point of view. Also printing huge amounts of paper money which are not covered by any concrete value will cause extreme devastation of currency and thus evaporating investments also for decades. STOP.
Source: BusinessInsider - 🏆 729. / 51 Read more »
‘Bearmageddon’ for stocks appears to be upon us, strategist saysThe stock market’s worst-case “Bearmageddon” scenario appears to have occurred, said Mike O’Rourke, chief market strategist at financial brokerage... MY DAD: HUNNY JEROME IS HAVING THIS PROBLEM TOO Intellectually and morally impotent... They’ve over used it. There is only so much cutting rates can do for a virus anyway so cutting rates just alarms the markets even further.
Source: MarketWatch - 🏆 3. / 97 Read more »
Markets are getting crushed but these stocks have held upGoldman Sachs made a list of the best-performing S&P 500 stocks since markets peaked on Feb 19, the start of the downward spiral into bear market territory. Pro CNBC: Its time for the people nof America to have free health care.' And get rid of the greed' for money' from the vulnerable. They say! that they cannot afford it' nonsense if the UK can. The USA' is a richer country ' it's for the needy not the greedy ? Pro Pro QuantumRationality heuristics of Maximizers The markets falling have no connection to the COVID19 challenge it's just Maximizer behaviours of Greed leveraging the chaos to exit stocks with no value and there is a lot more to go globally
Source: CNBC - 🏆 12. / 72 Read more »