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"The short-lived gains in global equities of late show that investors remain skeptical about the huge swathes of support measures being rolled out around the world by central banks and governments," Han Tan, an analyst at FXTM, told Business Insider in an email. He continued: "Unless the coronavirus outbreak can defy expectations and show it will stabilise in the immediate term, investors fear that the current economic trajectory will only point to a dreaded global recession or even something worse."fell to an 18-year low amid a global price war exacerbated by the coronavirus, which has heavily weighed on demand while OPEC and its allies prepare to boost supply.
Beginning to think the market will kill me before coronavirus.
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Stock market news today: Dow sinks as Fed actions fail to calm nerves - Business InsiderUS stock trading was halted within minutes after sharp selling at the open. Sharp losses persisted after trading resumed. Me: *waiting for realDonaldTrump tweet taking credit for it It will go to 0 They should probably put money into healthcare, hospital beds, supplies you know stuff to help people.
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Source: WSJ - 🏆 98. / 63 Read more »
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