Posts tagged with: Wall Street

Five Mega Wall Street Bank Stocks Have Lost Average of 45 Percent in Five Weeks from Wall Street on Parade...
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On February 12, 2020, the Dow Jones Industrial Average closed at 29,551.42. Yesterday, March 13, the Dow closed at 23,185.62 -– a loss of 6,365.80 points in one month’s time, or 21.54 percent. In 2008, the greatest financial calamity since...
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Yesterday, the Dow Jones Industrial Average of 30 large cap companies closed with a loss of 969.5 points or 3.58 percent. That was bad enough but the losses among the biggest Wall Street banks outpaced the Dow losses by a...
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There is a time for scientists and carefully vetted facts and a time for men who tell the public that everything is great, nothing to see here. It’s clearly a time for the former and less delusional chatter from the...
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(USAGOLD – 3/4/2020) –  Gold pulled back modestly from yesterday’s strong gains inspired by the Fed’s aggressive half-point rate cut.  It is trading at $1642 – down $4 on the day.  Silver is down 13¢ at $17.16.  The cut played...
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The stock market, as measured by the Dow Jones Industrial Average, had already lost a total of more than 2,000 points in the prior three days of trading;...
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Back in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again...
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Monday’s 1,000 point bloodbath was followed by Tuesday’s 879 point rout, lobbing 8% off total market value in less than 48 hours. The two-day drubbing has left traders and fund managers in a state of shock. ...
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Over the past week, Wall Street’s attention has shifted away from the human toll of the Coronavirus pandemic, which according to conventional wisdom is that it “appears to be contained” and will peak some time in March with roughly 85,000 cases, and...
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Fed Repos Have Plowed $6.6 Trillion to Wall Street in Four Months; That’s 34% of Its Feeding Tube During Epic Financial Crash According to the data made available on the public website of the New York Fed, since September 17, 2019 it...
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