3:15 pm: Gundlach says 'things have to get worse' in the credit market
Stocks are slightly above their lows of the day as we begin the final hour of trading. The Dow is down more than 1900 points, or 7.4%, while the S&P 500 is down 7.2% and the Nasdaq Composite has fallen 6.6%. The Dow is currently on track for its biggest percentage loss since 2008. If the index closes down by more than 7.87%, it'll be the worst day since 1987.after tensions rose between Saudi Arabia and Russia over the weekend, prompting fears of an oversupply. U.S.
"We now expect a 50bp cut, in part because the bond market is already priced for a large move and the FOMC will likely be reluctant to risk further tightening in financial conditions by refusing to deliver. We are also penciling in a final 50bp cut at the April 28-29 meeting," Hatzius said.President Donald Trump said in a
briefly touched an all-time low of 0.318%. Low interest rates can hurt bank's net interest margins. —Stocks reopened after halting for 15 minutes following the S&P 500 hitting a threshold triggering the circuit breaker. The S&P 500 fell more 7%. The Dow Jones Industrial Average fell 1,980 points and the Nasdaq Composite fell 7.3%.
Dear friend 👍
dude this shit is getting deeper by the second
damn...... thats. crazy.....
fuck them.
we are so C R Y I N for them.
Worldwide leader in trolling right here . . . But you’re pretty good too, nypost
dnlmkls
Sheesh overnight you lose billions of dollars 🤯
The VALUE of their shares fell, but they lost NOTHING. It’s all still there.
Billionaires losing money something I should care about? I pay a higher tax rate and they are not living check to check. Get the fuck out of here with this bullshit. Report something that fucking matters. Maybe talk about how investments for the middle class lost too.
They didn’t actually loose anything, and the fact the news is reporting this as if we are supposed to feel bad is a joke. They are billionaires they paid nothing in federal income taxes and the rest of us are still living normal lives.
This makes me Roll my eyes ride 😅😅 throwing billion around like it's a normal number 🤦♂️🤦♂️
That's a lot of toilet papers but still loads more
They will lose IT ALL ! GOD WILL GIVE ALL TO THE HOMELESS POOR ELDERLY DISABLED SICK!!!!!!!!!
JabariJYoung
They won’t miss it
It hurts ! 🔥
Should’ve waited to get that divorce 🤣
No they didn’t.
Paper loss
Oh f$&k off. They only lost that, if they sold all their assets at the worst possible time.
They didn’t lose a single penny unless of course they sold their stock...
I’m about 2 pull a bourdain!! I lost it all cj... not last night but because of the hornets game. The refs incompetence level is at a all time high . You need 2 talk 2 Adam
Only if they sell their shares, dumb...
Only if the sold. Be better.
They'll be fine.
Poor guys
But they still are rich
They lost value not $
Arsenalist17
😂karma
Миллиардеры, в том числе Джефф Безос и Элон Маск, потеряли миллиарды долларов только вчера вечером. Нам пох..,пенсионеры нам возместят все убытки....
Who said they sold anything?
must be ruff to loose billions and still have billions I lost thousands and still have thousands he can still retire tomorrow me not so much
Who cares!? Why do keep running these?
Boo-hoo
I'm starting a GoFundMe for Elon. Down $4B with a baby on the way...heartbreaking
it's good to the middle class to buy to cover.
Who care about them and what they lost
You only lose when you sell. 🔑
These headlines are so stupid
I bet they gotta eat ramen the rest of the week huh
They love to share what a paper loss is. Have they sold yet? Nope then it’s not a lose. The only concern they have if the equity was pledged for other companies. Then the bank might come knocking.
No they didn’t
“The first will b last & the last will b first” Can’t say I wouldn’t enjoy it for a min for any pompous rich guy to lose his wealth, be underemployed & live pyck to pychk
Woe is me. I’m down to my last 10 billion ... seriously?
Did they sell? Maybe their net worth decreased but didn’t lose money.
Fuck right off with this. So now they only have $25B or whatever absurd number? Tell me when they’re homeless.
Can we stop making this stupid headline every time the market goes up or down more than 1% ? They'll make back every single penny and more in a few weeks anyways. Are your readers really this dumb to keep clicking on these stories ?
They can survive. Its the blue collar everyday about to retire in near future that I feel sorry for if put it all in 401k stocks
Money belongs to the world. It comes and goes. No one really owns it.
That's scary. Ouch.
Are they ok? Can I start a go fund me on their behalf?
Hope they can afford a.Dr's visit or quarantine time , if need be...
They, in fact, lost absolutely nothing 🙄
Oh geezus... I hope they'll be able to survive now on a few billion less. I'll put them on our prayer list. 🤦♂️😂
If you understood the stock market you would know they lost nothing unless they sold their stock. Chances are they are buying more and will end up richer when the market recovers. That’s why they are billionaires and y’all are idiots.
Who cares
Elon lost nothing, because he havn't sold one share.. So what?
You don't LOSE until you sell your shares. If they hold their bags for being too greedy and get rekt, too bad for them. Trade without emotion.
Those poor people. Wait, poor seems like the wrong word here.
They’ll be okay
Ok
真的并没有失去什么
Wall St makes up numbers about what things are worth, JeffBezos elonmusk paper tigers
Will traders traders ever learn? (Premarket up 2.6%) Trump promises the moon in press conference. The problem is Trump has lied over 14,000 times. Oil is tanking & coronavirus is just getting started. Sell the bounce people! sellthebounce
Unrealized losses*
BernieSanders better fix this, he will have no $billionaires$ to tax
OK is it just me or this is absolutely comical? Lol 😂 at the end of broadcast it said the billionaires might stop spending lol 😆
Only if they sold.
Bet socilaists are jumping with glee and prancing round the campfire outside their vans by the river, let's wait till they check their retirement accounts, they'll shut up pretty quick
It's crazy that this statement has no actual impact on those people's lives at all. Maybe a few teardrops but it's not like they're homeless now.
Okay who wants to set up a gofundme?
Why do you keep saying this? Unless they sold any of their own stock they didn't lose a dime. Wise up. Or take your station off the air.
Omg poor things, the public should bail them out. That's terrible.
Thoughts and Prayers
Buh. No one cares.
they actually didn’t lose anything
They are very few of Many millions of of world population why bother about there wealth 🧐
I'm sure will lose sleep on their piles of money
And who knows how many Americans will lose a roof over their heads if they or their kids need to be quarantined for two weeks. Help Americans with direct cash payments from the FEDs with UBIStimulus.
Poor guys, someone check on them.
Thoughts and prayers elonmusk
WilfredFrost What an effing joke. The oil market and all other sectors is symptoms of this coronavirus, but mostly about failed leadership. The raids on TP (etc) proves the point. You guys pollute the info market while you take as many gains as you can between the dips. Go to hell.
WilfredFrost 🤣🤣🤣🤣🤣🤣🤣😂😂🤑🤑, they going to need us Bail them out Again ?
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