May 10, 2020
A ‘much more severe’ selloff looms in the stock market, strategist warnsDoug Ramsey, the chief investment officer of The Leuthold Group, warned clients in a note that the day is coming when the dire state of the economy catches up with equity investors.Read in...
May 10, 2020
U.S. unemployment rate will get worse, Treasury’s Mnuchin saysDownload Investing.com on the App store or Google play
May 10, 2020
Coronavirus flares as states and countries ease social distancing guidelinesCases springing up in Pasadena, South Korea and elsewhere point to the resilience of the virusRead in The Washington Post: https://apple.news/AV3J-BNdlQqavOoKftTiqaQShared from Apple...
May 9, 2020
Real unemployment rate soars past 24.9%—and the U.S. has now lost 33.5 million jobsMore than 40 million people are unemployed—a real unemployment rate of 24.9%.Read in FORTUNE: https://apple.news/AGRDr0oFCRWa2a_9E_vE1bwShared from Apple News
May 9, 2020
Stock Valuations Are Near Dot-Com-Era Levels. Don’t Expect a Bust This Time.Welcome to one of the most expensive stock markets in history. Thankfully, it doesn’t matter.Read in Barron’s: https://apple.news/Af_jUdQYdQRyA4eZcKKhyswShared from Apple News
May 9, 2020
Stock Valuations Are Near Dot-Com-Era Levels. Don’t Expect a Bust This Time.Welcome to one of the most expensive stock markets in history. Thankfully, it doesn’t matter.Read in Barron’s: https://apple.news/Af_jUdQYdQRyA4eZcKKhyswShared from Apple News