to U.S. second-quarter GDP, following a 6% decline in the first-quarter, due to coronavirus. The bank also expects unemployment to surge to 9% and full-year GDP for 2020 to fall 3.8%.“Every day this week, the S&P 500 Index traded in a range of at least 5% , a level of volatility we’ve seen in less than 1% of days since 1990,” according to Lindsey Bell, chief investment strategist for Ally Invest.
”“Investors are exhausted trying to grapple with enormous volatility and an avalanche of news, all the while working from makeshift setups in home offices due to coronavirus prevention measures,” according to Vital Knowledge founder Adam Crisafulli. “Sentiment couldn’t be worse fundamentally, with many thinking the S&P 500 has a few hundred more points of downside before hitting a sustainable bottom.
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Stock market live updates: Stocks rebound after early losses, S&P jumps 1%, Dalio concernedA conversation about the latest market-moving events, including more central bank action and a jump in U.S. coronavirus cases. Keep it going America! You can't kill freedom...... Is this uptick of fed funds into the market a HeadFake? What happens when it gets eaten up and absorbed into the abyss? Markets are clearly in a state of panic and forced liquidations !!!📉
Source: CNBC - 🏆 12. / 72 Read more »
Senator sold off stock before market losses from virus beganWASHINGTON (AP) — Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus... Recall the motherfucker. Conservative here. Burr should be jailed as well as any other politician profiting off this crisis Anybody notice the irony of his name being Richard?
Source: AP - 🏆 728. / 51 Read more »
Senators sold stock before steep market losses from virusSenate records show that Burr and his wife sold between roughly $600,000 and $1.7 million in more than 30 separate transactions in late January and mid-February, just before the market began to fall and as government health officials began to issue stark warnings about the effects of the virus. Several They sold their shares before the storm arrived. They are smart investors and I don't see anything wrong with that. Your report on red vs blue states with Covid was careless For a party that likes to beat people over the head about Christian values, morality and ethics they sure don't practice what they not only preach but try to force others to live by.
Source: YahooNews - 🏆 380. / 59 Read more »
Key senator sold large amount of stocks before steep market losses from virusRecords show Sen. Richard M. Burr and his wife sold as up to $1.7 million in stocks in more than 30 separate transactions in late January and mid-February. Including SenFeinstein Lock them up...MarthaStewart Lock up any politician that traded in January or February... if it’s all of them 🤷🏻♂️👏🏼💯🇺🇸 Burr is a guilty thief who was committing crimes while working 🇺🇸 families were being told to buy stocks by the drunk Larry Kudlow.
Source: latimes - 🏆 11. / 82 Read more »
Stock market live updates: Dow down 200, New Yorkers ordered to stay home, Amazon leads techThe Fed announces it will conduct $1 trillion in daily repo operations for the rest of March. As the republican senators sell and by stock The fuck!!!! Don’t do that. We were told last week that 'at least we don't have the same financial problems as 2008. It's a biology problem, not financial.' Now we have financial problems.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Stocks set to rise again, Nasdaq futures hit 'limit up,' Microsoft gainsStock market live updates: Shares of Uber jumped more than 10% during premarket trading after Wells Fargo upgraded the stock to an overweight rating. After stocks fall 30%-90%, genius analysts act like robots, don’t think and upgrade corporations. Will they double upgrade them when they go down a further 20% and have cash flow problems? I think they will. New paradigm. Traditional brainless analysis won’t work here. THINK. Who is using Uber now?
Source: CNBC - 🏆 12. / 72 Read more »