12:15 pm: Mnuchin says market trading hours could be shortenedcut trading hours.
"We may get to a point where we shorten the hours if that's something we need to do," Mnuchin said during a press conference Tuesday. Stocks have been in a turmoil where trading was halted briefly multiple times to prevent the market from falling through the floor. Market volatility, measured by the VIX, also surged to the highest level ever amid weeks of wild trading.
in Americans' pockets "immediately" amid the coronavirus crisis. "Americans need cash now," Mnuchin said during a White House press briefing on the administration's latest efforts to combat the disease. "I mean now in the next two weeks."-slashed its oil forecast on Tuesday as the COVID-19 outbreak continues to pressure demand. "Demand losses across the complex are now unprecedented," Goldman's global head of commodities research Jeffrey Currie wrote in a note to clients Tuesday. The firm said that oil use has fallen by eight million barrels per day as the coronavirus has led to a near standstill in travel, among other things. Goldman now sees U.S.
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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.
WTI
GREAT let get gas down to a 1.50 gallon.
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Stock market live Monday: Dow drops 13%, Trump says recession possible, trading halted at openA conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed. GuyAdami timseymour 🐻 GuyAdami timseymour Bond market the space to watch ..... GuyAdami timseymour Great insight gentlemen. Sometimes these things seem logical or obvious... sometimes we still need reminders.
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Stock market live updates: Stocks rebound, Dow up 300, Regeneron speeds up drugStock market live updates: Stocks attempted a rebound from the worst day since 1987, with all 3 major averages opening in positive territory. MARKETS showing signs they do not trust this GOV to do the right thing. GOV need to eject confidence of what plans they have to deal with this not pushing more money into the markets. THERE 90 PERCENT CHANCE RIGHT now we are heading to a recession. SELL. THE. BOUNCE. And to you shorts: You will get massacred when this eventually rebounds on a one day rebound so STOP shorting! Great! The stock market did not tank again today. It is only 948am though and we have not heard the daily disinformation from Trump.
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