Global Stocks Regain Stability After Period of Volatility

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Global stocks regain their footing after an emergency rate cut by the Federal Reserve prompts investors to question how much central banks can do to offset the economic impact of coronavirus

Global stocks edged higher Wednesday, regaining their footing after an emergency rate cut by the Federal Reserve a day earlier prompted some investors to question how much central banks can do to offset the economic impact of the novel coronavirus.

Futures tied to the S&P 500 rose 1.5%, suggesting the benchmark U.S. index might claw back some of the steep losses it incurred following the Fed’s rate cut. In Europe, the Stoxx Europe 600 rose 0.5% after a mixed session in Asia. Bond yields hovered near record lows.

 

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Thanks to this rate cut, if coronavirus doesn’t get you inflation will.

Nope

can't do that for the middle class, it's S O C I A L I S M ! ! ! only retirees & active stock holders

What the fuck sort of headline is that?

The Dow was down 700 points yesterday after that rate cut, how is that regaining their footing. They maybe up in overnight trading, but the volatility of these markets does not bode well. They are unstable.

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