Stock Market Archives - Page 4 of 11

For The 3rd Time This Month, We Just Witnessed The Largest Single Day Point Crash In Stock Market History

Mar 17, 2020 | Stock Market

We are literally witnessing history in the making. For the third time in the last six trading sessions, we have witnessed the largest single day point crash in stock market history. Let that sink in for a moment. On March 9th, the Dow set a new record by falling...

Coronapocalypse: Central Banks’ Response Will Make Everything Worse

Mar 15, 2020 | Economic Collapse

In the classic Giuseppe Verdi opera, La Traviata, a dying Violetta suddenly proclaims to the world that her pain and discomfort have left her body. The euphoria is magnificent, but the anguish returns within moments, and she dies. A similar condition could afflict the...

The Fed Hit the Panic Button and It’s Making Things Worse

Mar 10, 2020 | Fed

Stock markets have been getting hammered, ostensibly because of the economic impacts of the coronavirus. Peter Schiff has been saying this isn’t really about the virus. It was the pin that pricked the bubble. If it wasn’t coronavirus, it would have been something...

“If You Liked It Up There, Do You Love It Now?”

Mar 9, 2020 | Markets, Stock Market

Over the course of the last few hours, we have been moving back and forth between being aghast at the market carnage, and all it might imply, and feeling agonizingly anxious about missing out on the rebound sure to be coming. Those are big emotional swings even...

Did the Fed Bail out the Market Today?

Mar 8, 2020 | Economy

The good news first: We learn by the United States Labor Department this morning that the economy took on 273,000 jobs last month. Consensus estimates came it at 175,000. Unemployment slipped from 3.6% to 3.5%… equaling a 50-year low. Meantime, December and January...