Market upheaval intensified Friday as investors sheltered in haven assets, pushing the yield on long-term U.S. government bonds to unprecedented levels and setting gold up for its best week in more than a decade.
The yield on the benchmark 10-year Treasury sank below 0.8% for the first time. Stocks also retreated, with the Dow Jones Industrial Average declining 3%, or 766 points, in early New York trading. The S&P 500 and the Nasdaq Composite Index fell about 2% and 3%, respectively. On Thursday, all three major U.S. stock...
Haven’t the idiot traders sold off all their holdings yet? What’s taking them so long? Sucks to be them. I’ll stay the course.
gtconway3d Somebody better watch Donny, OD’ing on prozac can’t be good.
gtconway3d And I'm sure KimStrassel will blame this on the Democrats.
gtconway3d TRUMPSLUMP
gtconway3d I’m watching my retirement go down the toilet.
gtconway3d So why are refi rates not dropping?
gtconway3d
gtconway3d
This is first time 👀
GOP realDonaldTrump Yours because of the total lack of preparation and concern in December! Allow the defunding of CDC/NIH. Your southern wall was more important than health and safety of America!
We are about to find out how much of a BUBBLE Wall Streets stocks were in.
At its current rate the ten year is anything but safe. COVID19 is expected to be short term. The FED has loaded the spring. Hiding in the 2 year would have made more sense. tt:lizpeek larry_kudlow
A look at the winners and losers during another stormy week on Wall Street
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Bonds Extend Rally as Investors Retreat From StocksThe yield on the benchmark 10-year U.S. Treasury fell below 0.8% for the first time and global stocks followed Wall Street lower, as investors piled into haven assets on worries about the economic impact of the coronavirus. It takes a special kind of con moron to screw things up this bad. BBC Financial News predicting a global recession this Spring.
Source: WSJ - 🏆 98. / 63 Read more »
Source: WSJ - 🏆 98. / 63 Read more »
Bonds Extend Rally as Investors Retreat From StocksThe yield on the benchmark 10-year U.S. Treasury fell below 0.8% for the first time and global stocks followed Wall Street lower, as investors piled into haven assets on worries about the economic impact of the coronavirus. It takes a special kind of con moron to screw things up this bad. BBC Financial News predicting a global recession this Spring.
Source: WSJ - 🏆 98. / 63 Read more »
Stock market live updates: Sell-off intensifies, Dow set for 500-point drop, 10-year sinksAfter plummeting on Thursday, stocks' roller-coaster week is set to continue with U.S. stock futures pointing to sharp losses at the open. Good morning permabull charlatans how are you doing this fine morning. Best regards to all your talking head numpties especially Cramer and his never failing best oscillator in the world This is the begining one bright side to all this. If the US would refinance the $23 trillion of debt at 1%, that would reduce annual debt payments to about $230 billion. Manageable with our current growth.
Source: CNBC - 🏆 12. / 72 Read more »