Second Wave coronavirus outbreak behind Wednesday market crash?
Everyone writing on finance says that scary Second Wave coronavirus outbreak has Mr Market spooked. Hence our Wednesday market crash.
Everyone writing on finance says that scary Second Wave coronavirus outbreak has Mr Market spooked. Hence our Wednesday market crash.
Bulls watched stocks erase recent gains in a massive, bloody, post-Fed Thursday market crash. It may be the biggest downturn since the March 18 debacle.
The Democrats' punch list of Pelosi Pork was a nonstarter in the Senate. But it thwarted key coronavirus legislation, causing a stock market train wreck.
Friday, we watched stocks get pummeled yet again. Until the secretive Plunge Protection Team quietly intervened to stage an intervention.
If Wednesday's currently fizzled High Noon rally is all the bulls can do, we might be in for yet another big drop in US market averages.
As of today's closing bell, we can confirm it was Comeback Tuesday on Wall Street. Today's bullish bounce back rally was a welcome relief.
Investors are dumping stocks, any stocks, with abandon, increasingly worried about the worsening US-China trade war. Few have escaped Monday's carnage.
China threatens to cut the US off from their monopolistic supply of rare earth minerals and metals. Meanwhile, the bond market is making recession signals.
Today, Federal Reserve Chair Jerome Powell decided once again to needlessly kneecap Mr Market with one very special secret word.
It seems some mysterious seller or sellers – perhaps zombie sellers of zombie stocks, or even green space aliens – pressed the wrong futures button. Big Time.
Is the long-running secular bull market in U.S. stocks over? Is the Great Trump Rally within that secular bull market also kaput? And finally, are we in a bear market now?
Those crazy kids at “College Humor” copied one of the original ETrade Baby commercials. Someone named Josh Rubin (I think) subversively re-dubbed the baby’s sales pitch into something completely different. The resulting over-the-top hilarious parody attracted a huge, enthusiastic audience.
Oil, high yield investments continue to take a hit as Election 2016 approaches. But for stocks and bonds, is the selling over? Or is the worst yet to come?