Alarming Message in Rare Fed Chair Interview

Fed Chair Jerome Powell did a rare interview on “Today.” While his appearance was alarming in itself, the Federal Reserve Chair’s conflicting messages sent a worrisome signal about the economy. If there’s “nothing fundamentally wrong with our economy,” why is the Fed pumping $4 trillion into it in one fell swoop? Fed Chair Jerome Powell […]

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U.S. Stock Market Plummet Breaks 11-Yr Trend Line; There’s Worse Coming

The U.S. stock market broke a 11-year trend line as S&P 500 fell by 11.98%. Analysts say the downtrend cannot be saved with monetary policies. Market performance will depend on the number of cases of coronavirus. The U.S. stock market broke through a crucial 11-year trend line, after the S&P 500 dropped by 11.98% on […]

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The Ugly Truth About This Fed Rate Cut’s Impact on the Stock Market

The Federal Reserve’s massive emergency rate cut caught Wall Street off guard on Tuesday. Jerome Powell confirmed how serious the economic impact of the coronavirus could be in the U.S. There is barely any stimulus left to help negate a stock market crash. While Donald Trump insists everything is fine in the United States, the […]

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The Dow Will Recover – But Not Before Trump Loses to Bernie Sanders

Jeremy Siegel says that the stock market will recover from its recent crash, but only after a “one-year shock.” That recovery may not come soon enough to save Donald Trump’s reelection chances. The next time the Dow sets an all-time high, will the credit go to Bernie Sanders? As the stock market recoils from its […]

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Dow Futures Plummet as Coronavirus Forces Shock Apple Announcement

Apple surprised stock market investors on Monday as it lowered its revenue guidance amid the coronavirus crisis. Dow futures fell after the note was released, as investors brace for more downgrades from other U.S. companies with exposure to China. A new report from the Chinese CDC claims several worrying facts about the epidemic. Dow futures […]

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Dow Reverses From Its Highs as Coronavirus Flare-Up Batters Oil Prices

Bulls and bears collided on Monday, as the Dow Jones reversed from its highs to secure a 150 point rally. ISM manufacturing impressed, helping lift the Dow early, but economists are concerned this will be a temporary peak. A slide in crude oil is weighing on the stock market. The Dow Jones came under pressure […]

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WHO Coronavirus Emergency Could Devastate The Stock Market

The World Health Organization officially declared a global health emergency Thursday. The coronavirus has spread to at least 18 countries. The stock market rallied Tuesday and Wednesday on the WHO’s reluctance to declare a crisis. But stocks tumbled Thursday after the CDC confirmed the first U.S. transmission of the virus. The latest escalation could be […]

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Google to Close Chinese Offices as Coronavirus Infects Over 7,000

Google-parent Alphabet is temporarily closing down its Chinese office amid the accelerating coronavirus outbreak. The company left the Chinese search market a decade ago, but still maintains four offices in the country. There have now been over 7,000 confirmed cases of coronavirus in China. Google-parent Alphabet Inc. (NASDAQ:GOOGL) is the latest American tech company to […]

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Stock Market Checks 3 Out of 4 Boxes That Triggered The 1987 Crash

In 2007, 20 years after the 1987 stock market crash, a Wall Street columnist for USA Today reviewed the four conditions that caused the storm. The column ran within days of the Dow and NASDAQ peaks, just as the Great Recession and 2007 – 2009 bear market began. Today we’re seeing three of the four […]

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Record-Breaking U.S. Economy Has A Massive Recession Deficit – Here’s Why

A soaring U.S. budget deficit is proof the economy is not well, the chief global strategist of a major investment broker warned this week. He predicted the Great Recession in multiple cable news appearances from 2006 – 2007 when others were wildly bullish. Even if all is well, for now, wild deficit growth during economic […]

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