Stocks are coming off their worst week since the 2008 financial crisis. The Dow last week dropped 12.4%, while the S&P 500 plunged 11.5%.The Dow also recorded its worst one-day point drop in history on Thursday."If [the market is] priced to perfection and then something indicates that the perfection is a pipe dream, prices will come off," said Brad Cornell, emeritus professor of finance at UCLA, of last week's selloff. Prices are much more reasonable now, he added.
The Bank of Japan said it would provide"ample liquidity" to keep financial markets stable and the Bank of England also pledged to do what's necessary for the British economy's stability.The Federal Reserve next meets on March 18 and market expectations for a half-percentage point interest rate cut are at 100%, according to the CME's FedWatch Tool.
😉
Thank You President Trump!! FIRE DON LEMON!!
Smoke and mirrors. TrumpVirusCoverup
Plus the 500 last in day Friday, all on speculation of Fed easing. But today, G7 says no to easing, down just 200, not 1800. Some funny stuff going on. Then again Kudlow and Mnuchin were added to the coronavirus team.🤔
Because thinking people are not buying the media hysteria and lies about coronavirus
CNN reporting this with clenched teeth & flowing tears
Soar high
MarcDubach Lekker! zelfAllInn
Democrat and media hysteria wearing off as investors get back to reality.
This is the worst news ever for CNN
my God, how that must have hurt you to write.
A month ago was Obama economy, yesterday was Trump economy going down. Today is Obama economy again ? Is hard to track
Common sense or capitalism prevailing? On ne sais jamais...
Imagine that.
money..money...moneeeee
jimrockfordatSH Let's shift narratives. Versus looking at the 1.4 out a hundred that may perish from COVID 19, why don't we embrace and learn from the survival of the 98.6 who will overcome the Virus. PositiveVibes
Its cause the lying stopped from the administration for a few days. Hopefully they can keep up this appearances. Till this virus runs it's cycle. That display they had last week. Blaming Democrats and Donjr unnecessary comments, horrible. Only if Pence, would speak up now.
Watch those Wall Street brokers. Excuses to create issues from current events may be a deception to create sell offs to buy low sell high. Sneaky bastards.
Honestly, the market wouldn’t need the biggest point gain in history if the media would have stopped fear mongering a week ago.
Trump? Your thoughts?
COVID-19 Dangerous Countries 1.South Korea 2.italy 3.iran 4.japan
So THERE!!!!!!
Holy Cow ! ..Donald Trump fell asleep! Holy cow !holy cow!
Good
Proving yet again that institutional investors are no more rational than lemmings.
I wish the MSM would report on the good thing happening under Trump..... oh wait. They do.....
If as rich guy wants to buy a ticket on the Titanic, the average Joe should sell him his ticket. Don't be stupid. Sell when it goes high.
What goes up must come down!!! You wonder who is buying it!!
kobeller
jessicarights Awww, poor , will your staff be okay?
NO Need for an Interest rate cut!
The billionaires are bailing out Trump. They can move the market anytime they want.
On the back of the largest points loss in history. Funny that, it's as if someone is playing the markets.
One thing. Viewers should always watch the President in real time. People get the real view of what President Trump is accomplishing. Very good meeting with big pharmaceutical. They are working hard for a vaccine as soon as possible
But we still have the virus. So maybe it was a correction in the market
It soared despite CNN's best efforts!!
Buy low sale high. All about the money. Only one class win. The 1%
Thanks Trump
German Chancellor Merkel refused to shake hands when she greeted the minister. Then Merkel waved her hands.
Because of Biden!
Guess the suddenly realized that health care profits were going to go through the roof and they wanted a chunk of it. Carpetbaggers.
Thanks WHO !?!!
Good. Keep going up !!!
monopolymoney
Reminds me of Bitcoin🤷🏽♂️
The question is WHY did it go up? Are the rise in reported Corona Virus cases suddenly irrelevant? Does the report of more people dying from the virus suddenly irrelevant? There has been no progress reported yet suddenly the stock market is soaring? WTF is going on?
So many people were cheering about it going down so they could use it against Trump. Now these same people are sad or questioning how and why this happened. Why does everything have to be about hating Trump in your life? Is there really nothing better you can do?
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