by LeadingChallenge2
Global stock market rally is a gamble: IMF warns investors www.theguardian.com/business/2020/jun/25/global-stock-market-rally-is-a-gamble-imf-warns-investors?CMP=oth_b-aplnews_d-1
Fed Caps Bank Dividends, Bans Buybacks Through September www.bloomberg.com/news/articles/2020-06-25/fed-caps-bank-dividends-bans-share-buybacks-through-september?
UCLA economist predicts U.S. economy won’t recover from coronavirus until 2023 www.marketwatch.com/story/make-no-mistakethe-pandemic-morphed-into-a-depression-like-crisis-says-ucla-economist-who-predicts-us-economy-wont-recover-from-coronavirus-until-2023-2020-06-25
Nike reported decline in sales and profits www.cnbc.com/2020/06/25/nike-nke-reports-q4-2020-earnings.html
Time to take profit off stocks because 90% of the companies would announce decline in revenues and profits as businesses were shut for 2/3 (April and May) of the quarter. What are your thoughts?
The good news is jobless claims keep going down compared to the week prior.
The bad news is that jobless claims, even in June now, are more than twice as high per week as the worst part of the 2008/2009 crisis. t.co/p8KxHuPpzP pic.twitter.com/DNSzGxJJtz
— Lyn Alden (@LynAldenContact) June 26, 2020
U.S. Economy Might Not Heal by Next Year, Putting Stocks at Risk of Correction
The U.S. economy might not fully return to normal until 2022, and the market is at risk of a correction later in the summer, a leading economic forecaster…
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.
- Bill Gates Developing Vaccine That Spreads ‘Like a Virus’ To Vaccinate People Without Consent
- The World Is Collapsing Around Us And The Crowd Is No Longer Hedged
- Social Security payments: Millions of SSI recipients to get two checks worth up to $1,652 next month
- Democrats just screwed the whole country…
- Pennsylvania’s Unemployment Is Insolvent & Now Sending Notices To Claimants Who’ve Received Full Benefits To PAY IT ALL BACK.
- Now They Are Literally Bowing Down And Worshipping Baal Right In Front Of Our Eyes
- Insurance CEO, Todd Callender says the real pandemic is NOW.
- One Of The Most Tragic Things That I Have Read In A Long Time
- AOC..after only a few years on the squad..Net Worth 29 MILLION
- Recession is here and major liquidity squeeze on-going. US Treasuries expect a Fed pivot and either deep US recession or shortage of collateral. Neither look great for stock markets
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