Shrinking Profit Prospects Add to Threat for Stocks

The market just endured its most brutal week since the financial crisis, with the S&P 500 and other major U.S. stock indexes recording their largest weekly percentage declines since fall 2008. And there are few signs the economic fears prompted by the spreading coronavirus are about to subside.

GreenMonsterah Most companies were using 105% of cashflow to buyback shares and few in the media warned about how utterly insane that was. Oops 😉

As my current pension already precariously blows in the wind ...

Not hard to predict, most if not all will not be profitable and most will go bankrupt

We covered parts of this as well on CNBCTV18Live a few days ago

Duh

_anishaj Why don't you ask them to drink Gatorade?

From Continue/ In addition, two additional 'corona virus 19 confirmed patients' were found in Cheongdo-gun, Gyeongsangbuk-do, South korea ... Total '53 people (20 people a day in Daegu and Gyeongbuk) 2020.02.20. news/ The punishment

Why wouldn't they caution, even if the coronavirus was going to have no effect? Coronavirus is a free pass for poor performance.

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Goldman Sachs Asset Management added to stocks portfolio as markets tumbledPortfolio managers at Goldman Sachs Asset Management have used the recent sellof... Content de savoir qu'ils sont optimistes à ce point, je vais surveiller les minières aurifères et l'énergie... Just don't crash it Sensible trades. I am doing the same thing.
Source: Reuters - 🏆 2. / 97 Read more »

Jeremy Siegel sees coronavirus as a 'severe one-year shock' to stocks but then a 'bounce back'Siegel, speaking on CNBC's 'Squawk on the Street' as the stock market extended its dramatic sell-off, said stocks will bounce back. More fake crap. It’s all a hoax folks, better odds of dying from flu, plane crash, car crash, hit buy bus, even winning lottery than dying from coronavirus, this is just another WS financial terrorism attack on your $ by the white collar Taliban on fake fear and media fomenting lies.. He wears glasses so probably doesn’t see very well.
Source: CNBC - 🏆 12. / 72 Read more »