From CNN Business' Matt EganThe world is a scary place right now. So scary that investors can't get enough US dollars: Demand for the greenback, the world's safe haven currency, is through the roof.
The Federal Reserve responded to the shortage on Sunday by lending out dollars at near-zero rates to five major foreign central banks.Australia, Brazil, Denmark, South Korea, Mexico, Norway, New Zealand, Singapore and Sweden. The goal is to prevent a liquidity crunch that chokes off credit to the coronavirus-battered economy.to each central bank forThis is on top of the Fed's existing dollar liquidity swap lines with Canada, England, Japan, Switzerland and the European Central Bank."designed to help lessen strains in global US dollar funding markets,"
lowering the risk that this stress hurts the supply of credit to businesses and households -- at home and abroad.
Give the President some credit for doing more than any other world leader to stop the spread of this virus. Your bias could use some toilet paper. Just dropped your app CNN 😡
Thanks China
o dear, the gambling with other folks' money isn't working out these days. the capitalist world is one big casino.
aMarianaAzevedo
GRANDMA SAYS Watching CNN right now. Only see Poppy. Is Jim Sciutto sick? Poppy hasn't mentioned him.agrandmasaysnote cnn
Stock Markets should be shut down. We are in a world health crisis and there is no place for people who want to speculate with it.
We all need to pray that the TrumpSlump ends quickly and the market recovers.
Thank you president Trump for your leadership!!!
Don’t forget that Trump believes these losses fall squarely on the president!
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Stock market live updates: White House and Fed boost stocks, Dow up 1,000, Oil drops 6%Stocks attempted a rebound on Tuesday after the Dow and S&P 500's worst day since 1987 on Monday. GREAT let get gas down to a 1.50 gallon. WTI Member people who called a bottom like, well hundreds of millions of losses ago? For every bottom calling hero that is born from this, there is a path littered with corpses. I’m fine with not trying to be a hero.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market news live: Stocks boosted by Trump coronavirus stimulus plans; Dow rockets over 1,000 pointsStocks jumped Tuesday, offering some respite from selling after Monday’s declines sent the Dow off by its largest percentage drop since Black Monday of 1987. I can’t until it drops double that again 😭
Source: YahooNews - 🏆 380. / 59 Read more »
Stock market live updates: White House and Fed boost stocks, Dow up 600, Boeing cratersThe Dow dipped below 20,000 this morning, but later recovered. Here’s what 5 experts have to say about the market volatility amid the coronavirus pandemic. buy now. when this blows over people are going to party like crazy. This sounds like the stimulus support that we've been looking for, so I think that it's ok to buy incrementally. In total, the package sounds right at maybe $2t to $3t. Don't be mistaken, there will be more bad news, but this news just shortened the distance to a bottom. Report something positive...quit the negative reporting!!!!!!!!!!
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks set to trade higher as Dow rebounds on stimulus hopesThe White House is weighing a fiscal stimulus package worth anywhere from $850 billion to more than $1 trillion, part of which could include direct payments to Americans, a source familiar with the matter told CNBC. Futures down tho Mad Dead cat bounce. Levels still way too high. Indexes on steroids.
Source: CNBC - 🏆 12. / 72 Read more »
Another Day, Another Direction For Stocks: Dow Down 1,200 PointsThe U.S. stock market dropped again Wednesday, with the Dow opening down nearly 6%. Vice President Pence tells NPR disruptions from the outbreak could continue until midsummer. But 4 more years of business guy right? Im glad he has our biggest CEOs handling this crisis instead of Doctors. Opportunities abound for those with the ways and means. Good thing the coronavirus was just a hoax. Don’t worry bankruptcyKing has this under control🤦♀️ WakeUpAmerica WorstPresidentInHistory
Source: NPR - 🏆 96. / 63 Read more »
Coronavirus Updates: Dow, Stocks, Oil Drop; Global Cases Top 200,000 - WSJ.comAs the coronavirus pandemic roils markets and upends business, The Wall Street Journal is gathering in one place all the latest news and insights on the impact on investors, companies and economies. juliaccarpenter juliaccarpenter Airlines should give a pass on the high-risk seniors juliaccarpenter there is no pandemic just a bunch of whiny liberals trying to destroy america
Source: WSJ - 🏆 98. / 63 Read more »