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The S&P 500 has skyrocketed 40% since March 23, when the Fed announced its unprecedented experiment with junk bonds. That surge, coming in the face of the collapse of the real economy, drove up market valuations to dotcom-bubble levels. But Minerd thinks a reckoning is coming, and soon. He expects the S&P 500 will retest its March 23 low of 2,237.40 over the next month, potentially crumbling to as low as 1,600.
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shareitarie10 Trump most likely orders this.
You all need to be punished for your lying we know you will in the end lying evil people do go to hell
This is irresponsible. And fear mongering at its finest. And irrational.
You wish! Sad, any good news about the economy out of CNN? EnemyOfThePeople
FAKE NEWS! LIBERAL AGENDAS!! SHUT CNN DOWN! BIASED INFORMATION! FUNDED BY THE EILTES! WE ARE THE MEDIA NOW! NOBODY IS WATCHING CNN ANYMORE MAGA2020 ChrisCuomo donlemon
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Hay CNN communist..you do understand Trump was a Democrat before he witnessed the parties left turn.. the economic conservative in him chose Republican formula
UONE stock is a go buy right now. 😃
Where's the reporting on Seattle take over CNN? Keeping your sheep in the dark eh?
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Cobhams
Have you reported on this?
DEFEND THE POLICE
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Stock market live updates: Tech stocks lead, Dow bounces from 762-point loss, Fed helps rallyStocks rebounded today after a steep sell-off. Here's what 5 experts say you should watch for next. TMobile we pay way too much for these phones to not be working smh it’s been over a hour now How much money the FED will print and hand to Billionaires maybe? That is moving the markets.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live Monday: Tech stocks lead, Dow bounces from 762-point loss, Fed helps rally'The consumers have already come out of the gates very strong in this reopening phase,' Deutsche Bank retail analyst Paul Trussell says. Here are the names he's watching. Yes consumers coming strong.. but covid coming hard.. I love kohls High school students in Turkey is currently very tense. Despite the dangers of COVID-19, exams were not delayed. We are in danger. the government is silent on this issue. support us TurkishStudentLivesMatter
Source: CNBC - 🏆 12. / 72 Read more »
Fed bolsters credit market support with latest launchThe New York Federal Reserve's planned launch on Tuesday of a bond-buying facility could help ease the potential stigma for companies of asking for help and create an important framework for what the central bank steps in to purchase, analysts and investors said. The FED is most definitely all in at this point.
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Powell says the Fed doesn't want to 'run through the bond market like an elephant'Powell said the central bank's announced move this week to buy corporate bonds fulfills a pledge it had made earlier but is not an effort to take over the market. Said THE elephant to the mice........ This was an extremelely vague & incompetent answer by Powell Socialism ?
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Fed Chair Powell says strong job market can reduce U.S. racial inequalityThe best way the Federal Reserve can help reduce racial inequality is to return the U.S. labor market to its pre-coronavirus strength, U.S. Fed Chair Jerome Powell said on Tuesday, as he sidestepped questions over whether the Fed itself contributes to the problem. How ignorant! well, it does make them less likely be unemployed and more likely to find time to protest the inequalities. Who cares about the job market? Only market that's important is stocks! And Jay's portfolio is shooting up
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