A flight to safety that drove down bond yields globally sparked renewed volatility in the stock market Wednesday, highlighting continued uncertainty about how the trade and currency battle between the U.S. and China will play out.
Major U.S. stock indexes fell sharply before clawing back some of their losses in trading midday. The S&P 500 was recently down about 0.4%. The Dow Jones Industrial Average recently fell about 142 points, or 0.6%, after dropping 589 points in early trading. The Nasdaq Composite fell about 0.1%....
EvanLSolomon
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Crash is coming.
Pakistan has the highest number of jihad training camps in the world and global epicentre of Islamic terrorism . Imraan khan earlier said in his own words 30-40k terrorists are in waiting in Pakistan for jihad . This is the face of Islamic terrorism .
Central banks broke the markets. US interest rates will go negative by next year until the banking system finally dies.
The correction is upon us.
I wanted to contribute in contributing an opinion, they did not pay attention with respect to that phenomenon.
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U.S. Stocks Decline as Yields Fall, Trade Concerns LingerStocks declined after government-bond yields tumbled globally, a flight to safety prompted by investors’ fears about global growth and the U.S.-China trade and currency battle. Be greedy when others are fearful. And so, it begins. 500 points is nothing compared to gains over past two years. China needs to be put into their financial place in the world. US has subsidized for too long.
Source: WSJ - 🏆 98. / 63 Read more »
Markets Right Now: Stocks, yields sink again on Wall StreetStocks fall sharply on Wall Street again as fearful investors dumped stocks and shoveled money into bonds. Markets have been volatile this week after Washington and Beijing raised the stakes in their trade war. It's funny how Trump haters point the finger at him when the market is doing poorly but dismiss his efforts when it's doing well. lol, everything falls apart Better to be safe than sorry, right? 🙂
Source: AP - 🏆 728. / 51 Read more »
Markets Right Now: Stocks, yields sink again on Wall StreetStocks are sinking on Wall Street again as fearful investors dumped stocks and shoveled money into bonds. The Dow Jones Industrial Average fell more than 500 points. Another Trump failure. His tarrifs on the world is about to implode. Can you say world recession? And it's Trump's fault. Yep anyone remember 24 hours ago when the Trump Administration declared success in the fight with China?. ‘Trade wars are good and easy to win’ - Donald Trump
Source: ABC - 🏆 471. / 51 Read more »
U.S. labels China a 'currency manipulator' as stocks fall and trade war worsensChina allowed its currency to weaken and said it was halting new American farm purchases, sending U.S. stocks in a tailspin and heightening risks of a global economic downturn. Looks as if this bromance just went full stop. The President is in way over his head. Putting the best interests of the country first, the smart thing for Trump to do is to call Biden to the White House for advice and guidance. Nobody knows the China relations, history and sensitivities better than he does. Place all currencies on gold (or fixed standard) currency.
Source: latimes - 🏆 11. / 82 Read more »