FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri
Estimates for first-quarter profits have worsened: Analysts expect overall S&P 500 profits to drop by 12.8%, according to IBES data from Refinitiv - a far steeper decline than the 4.7% drop projected as of April 1.
RIP WALL STREET
they both matter equally
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The definitive collection of top Wall Street stock picks as coronavirus ravages markets - Business InsiderThese lists of stock picks come from Wall Street titans like Goldman Sachs, Morgan Stanley, and Bank of America.
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Wall Street falls on dour economic data, corporate earningsU.S. stocks fell on Wednesday as dismal economic data and first-quarter earnings reports compounded concerns over the extent of damage from the coronavirus outbreak. US stocks close lower as coronavirus toll slams earnings , economic data. But it was the best economy ever! If it was that great, it wouldn't have collapsed so quickly. Duhhh, and the Wall Street wizards couldn’t have predicted this a long time ago!
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Top Wall Street Regulators Warn Against Coronavirus Investment ScamsLeaders at the Securities and Exchange Commission say they're taking aggressive action to combat coronavirus-related investment fraud. The SEC has temporarily suspended public trading of at least 16 companies' stocks since February. They should try and look harder. If profiteering via death isn't a crime, it should be. Does that include Trump? Add the TrumpCrimeSyndicate TrumpKushnerCrimeFamily SEC
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