) oil production targets in the Permian Basin by 20%. The company had previously been rapidly growing output in the epicenter of America's shale oil boom.. That's after the company repurchased $1.75 billion of shares during the first quarter -- at comparatively inflated prices.Chevron's stock has plummeted 55% so far this year.S&P Global Ratings dimmed its outlook on Chevron to negative on Monday, citing the"for oil companies.
"With an industry leading balance sheet and a flexible capital program, we believe Chevron is resilient and positioned to withstand this challenging environment,” Chevron CEO Michael Wirth said in a statement.
A lot of people will pay their bills and some will hoard the money. Their money to be used anyway they want. I doubt a lot will be frivolous.
Report on all the pork spending and unrelated crap added to the bill and who put it in to delay
False Hope!
This must really bother you to see there may be a recovery coming soon
Dems are Frauds, Agendas over Americans!!
Trumps stimulus package should be 10x the amount and more for the average Americans and healthcare for this virus. Canada $850million for 37 million people which is less than size of California vs. 350 million in USA. Trumps fake economy never could stand up for long periods?
Pumping money into the markets is not a clever move. This pandemic will have huge consequences that will make what is happening today pale in comparison. Look after people first and then address the economic implications.
Wtf money over people
Let’s make sure the Kennedy Ctr is funded, windmills get tax breaks, no ID needed to vote, Obama phones for all, free abortions, unions run reckless, these are so important to workers & businesses
So the problem is liquidity and they're using their only available liquidity to buy futures on stocks... ?
Is it me...or does it seem like the stock market is rigged...and being manipulated constantly
maybe ask Ivanka her thoughts, after all she does have 3 trademark deals with China, maybe she can explain what the CHINA Virus is...call these people out NOW~
.... DEMOCRATS BLOCK AID FOR POLITICAL REASONS . Tucker: Democrats stuff coronavirus bill with identity politics via YouTube
Stocks will resolve when the consumer can get back to buying. The trickle down theory that large corporations are going to do right and give money to the employees is stupid. It’s a cash grab. Fund the health of the people not the girth of corporations pockets
Corporate welfare. That’s what the party of trump is pushing for... not something to help the sick or poor! Something to help the boss fire us because we got sick or won’t give rises so they can get to stay home and get new toys as we die.
It seems that since the 9/11 attacks the world economy has depended on central bank interventions or massive bailouts. It’s not really durable for the long term.
Dammit
Folks at Wall Street (the hedge fund manager etc.) having wet dreams right now.
Dow and S&P 500 futures soar to the maximum.
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Let’s not bail out big companies please. Trump already helped in 2017 and they fucked it up. They need to learn a lesson
Let's hope he doesn't speak publicly until after the mkts close, he always negatively influences them.
Of course they’re thrilled Republicans are fighting to make sure main street gets as little as possible while corporations get trillions and basically anything they want.
Stocks don't matter, people matter.
Hope is an ILLUSION:-)
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