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Latest trends and news in the trading world.
Russia Just Bankrupted One Of America’s Biggest Natural Gas Companies | The National Interest
nationalinterest.org/blog/buzz/russia-just-bankrupted-one-americas-biggest-natural-gas-companies-140867
MARKETWATCH: Investors should prepare for a coronavirus-induced ‘vicious spiral’ more than twice as bad as the financial crisis, says J.P. Morgan
Investors should prepare for a coronavirus-induced ‘vicious spiral’ more than twice as bad as the financial crisis, says J.P. MorganThere is a significant chance the global economy experiences “a vicious spiral, which is typical of recessions, between weak final...
VARIETY: U.S. Markets Rally Amid Hopes That Pandemic Spread is Slowing
U.S. Markets Rally Amid Hopes That Pandemic Spread is SlowingUPDATED: U.S. equities markets started the week with a strong rally driven by hopeful signs that the spread of the coronavirus outbreak may be slowing in response to aggressive social distancing measures....
Daily Mail: ‘We are facing biggest financial crash for 100 years’, economists warn
'We are facing biggest financial crash for 100 years', economists warnGeorge Buckley, UK economist at Nomura, said this year's crash would easily surpass the 2008 financial crisis - when the UK economy suffered a 4.2 per cent fall - and the lows of WW2.Read in Daily...
MarketWatch: Coronavirus update: 1.14 million cases, 60,887 deaths as Cuomo thanks Chinese businessmen for ventilators
Coronavirus update: 1.14 million cases, 60,887 deaths as Cuomo thanks Chinese businessmen for ventilatorsThe U.S. labor market showed further signs of damage from the coronavirus that causes COVID-19 on Friday as the global case tally continued to extend beyond a...
BARRON’S: Massive Job Cuts and Falling Tax Receipts Make for Grim Headlines. The Real News Is Even Worse.
Massive Job Cuts and Falling Tax Receipts Make for Grim Headlines. The Real News Is Even Worse.A bleak economic outlook and the spiraling coronavirus pandemic suggest that stocks will retest their lows.Read in Barron's: https://apple.news/A9miaoqHUR4SfuKnyBf-zMQShared...
REUTERS: Tesla cuts contractors from California, Nevada factories: CNBC
Tesla cuts contractors from California, Nevada factories: CNBCTesla Inc is cutting contractors from its U.S. car and battery plants, CNBC reported on Friday, citing workers and a contract staffing agency.Read in Reuters:...
BARRON’S: Apple Earnings Estimates Keep Falling. The Debate Is Whether to Buy the Stock.
Apple Earnings Estimates Keep Falling. The Debate Is Whether to Buy the Stock.The stock has fallen about 27% since peaking at $327.20 on Feb. 12.Read in Barron's: https://apple.news/A_kXZ6LM5RPm6P5W1USFU4wShared from Apple News
FOX BUSINESS: Stocks fight to curb losses after dismal jobs report
Stocks fight to curb losses after dismal jobs reportU.S. equity markets fell as the economy lost more jobs than expected.Read in Fox Business: https://apple.news/AB5lWcKR2Q8q1wl_vcqW8JgShared from Apple News
MARKETWATCH: Opinion: This is how big bear-market rallies have been in the past nine decades
Opinion: This is how big bear-market rallies have been in the past nine decadesEvery major crash dating to 1929 has had bear-market rallies, but they differed in key ways.Read in MarketWatch: https://apple.news/A9BXna0ivQHSTjx17SXtlsgShared from Apple News
FOX BUSINESS: Stocks jump after Trump predicts Russia, Saudi Arabia will slash oil output
Stocks jump after Trump predicts Russia, Saudi Arabia will slash oil outputInitial jobless claims of 6.6 million shattered a record set just last week.Read in Fox Business: https://apple.news/AXvfzvJf2SZiZYtYHmiEKpQShared from Apple News
Curbed: Coronavirus is brewing a mortgage crisis
Coronavirus is brewing a mortgage crisisA mortgage forbearance directive could decimate mortgage lending infrastructure if Congress and regulators don’t act fast.Read in Curbed: https://apple.news/ANHed4qkNQRqp-gr0aDG8nQShared from Apple News