Plunging Wall Street stocks end record bull run

NEW YORK - .

Trump’s sweeping travel restrictions, limiting flights from continental Europe to the United States, sent European shares to a near four-year low and slammed airline stocks, already battered by the spread of COVID-19.Boeing Co fell another 18.1% as J.P.Morgan abandoned its long-term backing for the company’s shares, setting the planemaker on course for its worst week ever.

The New York Federal Reserve announced on Thursday that it would introduce $1.5 trillion in new repo operations this week. Interest rate-sensitive bank shares .SPXBK dropped 10.5%, while corporate credit worries hit bond fund prices as companies began to draw on credit lines.

TabberAnn Somehow I don’t think it was the travel ban that spooked investors. It was the complete lack of competence at the highest levels of the US government

God punishes the greedy

Trump is one hell of a businessman. One hell of an investment strategist. Well, Jared, what's next? Mitch?

This is getting really scary.

Financial markets in capitalist funance can never be onto their fundamentals...

RayDalio Diddy jimcramer ritholtz ReformedBroker CNBC SeekingAlpha GoldmanSachs FT MarketWatch The Fed Opens Cash Spigot, but the Dow Plunges Anyway

世界各国の市場に動揺が走っている。 株価は更に下落するだろう。

I wonder what tomorrow will bring?

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Stocks fall again on Wall Street as wild swings continueStocks are sinking again, wiping out most of a huge rally from a day earlier as Wall Street continues to reel from worries about the coronavirus. Investors are still waiting for details promised by President Trump on potential aid for the economy. He’s surrounded himself with nothing but unqualified sycophants, and he, himself, doesn’t possess a single atom of true leadership in his body. This is the moment where every greedy, racist fool that’s supported him will have to come to grips with his inability to weather this. Y'all proud of yourselves in the media Yeah where the hell ARE those details, Mr. President?!?!?! South Korea has over 10k test kits. Maybe we should go study their leadership style and health care system. COVID19 CoronavirusUSA
Source: AP - 🏆 728. / 51 Read more »

Wall Street tumbles, Dow confirms bear marketWall Street stocks plunged on Wednesday, with the Dow confirming a bear market for the first time since the financial crisis after the WHO called coronavirus outbreak a pandemic WHO Don’t let clowns on twitter tell you trump is responsible for this. He is not responsible for a highly contagious global pandemic that originated in China. The market is tanking because of this market externality not Trump. WHO What about Dec 2018? WHO Globally, the new coronavirus is named Pompeo-virus.
Source: Reuters - 🏆 2. / 97 Read more »