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History shows that emergency interest rate cuts precede a bear market. WHO issues new guidance regarding the mortality rate of COVID-19 (coronavirus). A new study estimates that the virus could easily halve economic growth this year. The Federal Reserve shocked market participants on Tuesday after announcing an aggressive 50-point
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The Dow Jones has fallen almost 13% since February highs as coronavirus panic grips the market. The Federal Reserve emergency rate cut wasn’t enough to stop the bleeding on Tuesday. Only Trump can turn things around with a wave of fiscal policies to support the economy. We learnt one
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Dow Futures are rallying as Bernie Sanders hopes of appearing on a Presidential ballot are collapsing. Joe Biden had an incredible “Super Tuesday” performing strongly across the board. Sanders had been viewed as a major risk to the Dow Jones should he be the Democratic nominee. Dow Futures rallied
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The Dow Jones crashed 1,000 points from its session high on Tuesday because stock market bulls drunk on rate cuts are finally sobering up. The post The Dow Is Crashing Because Punch-Drunk Bulls Finally Sobered Up appeared first on CCN.com Source
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Nouriel Roubini, who predicted the 2008 crash correctly, claims global equities could take a 40% hit because of the coronavirus outbreak. Dow Jones jumped over 5% on Monday, but such volatility is indicative of a bear market rally. Roubini’s prediction may prove correct as rate cuts will fail to
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The Dow Jones Industrial Average (DJIA) surged after the Federal Reserve executed an emergency interest rate cut. But after suddenly pivoting higher, the stock market quickly erased its session gains. Here’s what’s driving the stock market’s volatile day. Despite securing a historic rally yesterday, the Dow Jones Industrial Average
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The Dow Jones printed a historical rally on Monday. History shows that big one-day gains are often unsustainable. Analysts see a lot of volatility in the coming days as the market digests developments in the presidential elections and the coronavirus. The Dow Jones just printed its biggest one-day point
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The U.S. stock market looks set to extend yesterday’s record-breaking recovery. Trump twisted the Fed’s arm, urging Powell to support the economy in the wake of coronavirus panic. But a G7 statement today is expected to stop short of recommending co-ordinated easing attempts. The Dow Jones notched up its
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The Dow Jones Industrial Index rebounded by more than 2% Monday. Many investors might be tempted to buy more stocks, thinking the rebound will continue. In most cases, they should wait to see the full economic impact of the coronavirus. The Dow Jones Industrial Index (DJIA) fell 12.4% last
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The Dow Jones surged nearly 700 points on Monday on hopes of emergency stimulus from G7 central banks to combat the “coronavirus crash.” Despite Wall Street optimism, analysts are concerned about whether a rate cut from the Fed can truly help the economy. ISM manufacturing came in weak, and
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