MORE: Coronavirus live updates: Passengers to begin disembarking Grand Princess cruise ship in California"The guidance for long-term investors remains intact -- do not panic. As the uncertainty persists, the market frenzy will continue, perhaps for weeks, perhaps for months," Greg McBride, the chief financial analyst at Bankrate, said in a note."But long-term investors must think in terms of years or decades.
A person wears a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York, March 6, 2020.
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How 'low' can they go? Hmmm I'm betting 2000. Isis
.JakeTapper.chucktodd.nytimes.CNN.FoxNews.WSJ..15.latimes.USATODAY.CBSNews.NBCNews.GOP.SenateGOP.HouseGOP.chicagotribune.MiamiHerald.washingtonpost.dcexaminer.BreitbartNews.TMZ.BuzzFeedNews.cspan.TexasTribune, etc Remember Ebola 24/7, ParisAttacks?
It's called dead upon arrival of the new monday. The WS crowd is self-nervous on the virus invasion of nyc. The steep drop on WS tells how fake or speculation on the stock market has been (based on fake economic data) . Trump's fakes are now paying the price. Lock him up!
Shoulda got the screenshot at -2,000!
Leftist idiots. We all know it is not Trumps fault. It is the media for creating people’s fear! Idiots
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Global stocks tumble as oil crashesStock futures were down again Sunday evening as the novel coronavirus outbreak continues to roil financial markets. How do you know this, when it's only SUNDAY? The time is so perfect to invade China.
Source: cnnbrk - 🏆 393. / 55 Read more »
Oil Prices, Stocks Plunge After Saudi Arabia Stuns World With Massive DiscountsSaudi Arabia has announced a stunning discount in oil prices — of $6 to $8 per barrel — to its customers in Asia, the U.S. and Europe. Paired with its ability to rapidly increase production, those price cuts will push the price of oil down for everyone. This sucks Wow. The price of energy is plummeting. I guess that means lower prices for American consumers. Oh, who am I kidding? The corrupt economic system has almost nothing to do with supply and demand or 'the markets.' discount from $6 to $8?...discount?
Source: NPR - 🏆 96. / 63 Read more »
Global stocks tumble as oil crashes, compounding coronavirus fearsGlobal stocks are falling and bond yields are sinking after Saudi Arabia shocked oil markets by launching a price war against onetime ally Russia. Trump's buddies in Saudi Arabia are screwing up the Stock Market. That should piss him off. Hey .cnn I think it is also a price war against the United States.
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World stocks sink on coronavirus shock, oil price crashGlobal share markets fall as panicked investors flee to the safety of bonds and the yen to hedge the economic trauma of the coronavirus, while oil plunges more than 30% after Saudi Arabia opens the taps in a price war with Russia Saudi Arabia's move, whether intended or not, will ease the global economic crisis by lowering cost of fuel while also collapsing the Russian economy because Russia can't compete with SA & ruble is heavily based on oil. It's a good move by KSAmofaEN - Russia, check! I'm going deeper underground, there's too much panic in this town Russia will be the loser here they wont be able to compete with the Saudis and a reduction in the price of oil will help to cushion some effects of the Virus for global industry
Source: Reuters - 🏆 2. / 97 Read more »
Media Stocks Caught Up As Global Markets TumbleStock markets have fallen sharply around the world after Saudi Arabia launched an aggressive oil price war which caused oil prices to fall by almost a third. The UK’s FTSE 100 index plunged by over…
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Oil stocks tumble across the board amid Saudi/Russia price war, energy ETF down 16%Shares of oil companies tumbled in premarket trade Monday, as crude prices fell 20% amid a price war between Russia and Saudi Arabia. The Energy Select SPDR...
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