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Stocks post their worst day since March

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JUST IN: US stocks plummeted on Thursday as the Dow closed 1,862 points, or 6.9%, lower. All three major US indexes recorded their worst day since the big coronavirus selloff in March.

London The stocks mega-rally hit a roadblock: A somber economic outlook from the US Federal Reserve and the 2 millionth coronavirus case in the United States has investors questioning whether they had boosted the stock market too far, too fast.US stocks plummeted into the close, with all three indexes recording their worst performances since March 16 -- when the stock selloff over worries how the pandemic would affect the economy was at its worst.The Dow closed 1,862 points, or 6.9%, lower.

"We're not thinking about raising rates — we're not even thinking about thinking about raising rates," Fed Chairman Jerome Powell told reporters during a press conference.Usually low interest rates are good for stocks because it gets cheaper for companies to borrow money. But at the moment, low rates for longer also mean that the economy won't be back on its feet for a while.

 

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Now is not a 'buy and hold' environment, investors should be nimble. See Japan stock market for instance. The gains are huge. At the same time, be cautious. Short term investments may have long term downside.

I’m sure you knuckleheads are cheering for a collapse.

Soaring today, though.

And are rebounding nicely today. Nice buy in yesterday

Buy TSLA million mile battery announced like buying a car w engine that will last.Cramer and Barron recommend during selloff! barron bought 1.5 billion! He will push up! Retweet

SO SAD! 😂 via YouTube What in the HELL is Wrong with WHITE LIBERALS?!!? Why are they So Full Of DoDo!! Always Virtue Signaling!! I think it’s bc of the EVIL DISEASE LIBERALISM has F Their minds Up!! I’m Sorry but NOBODY needs to forgive for being WHITE!

The Lamestream Media refuses to talk about our Country’s record setting Jobs Numbers, which are indicating GREATNESS, and soon!

I thought trump said his economy was going to be great again?

Это новость дня

Back up the truck on cyclicals wealthy2021

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Stocks spooked, bonds rally on downbeat FedWorld shares took their biggest tumble in five weeks on Thursday as a sobering outlook from the U.S. Federal Reserve challenged market optimism on the global economy, while bonds rallied on bets yet more stimulus would be needed to ensure recovery. US pandemic response has been a disaster with deaths and infections are rising, not falling due to Government incompetence and stupidity!! US business only had itself to blame for loving neoliberal ideology, tax cuts and small Gov policies and will suffer the concequences ! Waiting for the first wave
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