Wealthy Investors Brace For 6 Weeks of Stock Market Turmoil

Multi-billion dollar institutions expect a significant downtrend in the U.S. stock market. Uncertainty around the pandemic and its potential impact on the economy are rattling investors. Federated Hermes’ Phil Orlando expects a 10% drop in equities. High net-worth investors are preparing for a steep downturn in the U.S. stock market. Hedge funds see too many […]

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U.S. Stock Market Rattled as Millions of Jobs are Permanently Dead

Total unemployment claims in the U.S. since March total 36 million, with China exceeding 50 million and U.K. projected to see 12 million. Stanford professor Nicholas Bloom says 42% of lost jobs will not be restored. The U.S. stock market risks a deep pullback as investors fail to consider worse outcomes of the pandemic. Unemployment […]

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Here’s Why Surging Gold Prices May Tee You Up for a Late-Year Plunge

Gold just had its best month since last August. But three converging factors point to a possible crash ahead. Central bank selling, deflation, and stabilizing oil prices all present grave threats to goldbugs. The gold price surged in April, posting its best month since August 2019. Unprecedented central bank and fiscal stimulus unleashed a flood […]

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Meghan Markle Just Got Truth Bombed by Lindsay Lohan (and It Was Epic)

It is generally believed that both Meghan Markle and Prince Harry wanted out of the royal family due to the media coverage they received. After spending some time in Canada, they left for Los Angeles shortly before the coronavirus travel restrictions were put in place. Lindsay Lohan, a long-time LA resident, believes the couple has […]

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Wild Stock Market Has a Bottom. That’s When the Panic Really Begins

The stock market is facing an “important test” according to Fidelity strategists. The S&P needs to hold 2,500 or stocks will careen back to the March 23 low, or even further. Morgan Stanley is confident we won’t go below that level and is aggressively buying the dips. We’ve just witnessed the fastest crash in the […]

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Optimism Is Coming Back in the Stock Market – Will it Last?

Optimism is gaining the stock market, as COVID-19 cases and deaths are declining globally. While lockdown measures appear to be working, we shouldn’t be too optimistic as a second wave of infections might occur. Stocks are trading at attractive valuations, but we should stay prudent since more downsides are likely. Global stock markets surged on […]

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BoA Strategist Thinks the Stock Market Crash Is Over, But Don’t Celebrate Yet

Bank of America’s top strategist believes the stock market crash is over. A historic relief rally for the Dow Jones has given bulls confidence that the coronavirus panic has peaked. Gloomy GDP forecasts suggest even if the floor is in, upside for the Dow and S&P 500 could be limited at best. After a horrific […]

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Will Wuhan Doctor’s Dire Warnings Send Dow Jones Plummeting?

The Dow Jones slumped by 4% on Friday after Trump signed the $2 trillion relief bill. A Wuhan doctor’s warning on asymptomatic cases could add to the fear felt by the U.S. and Europe’s stock markets. With a gloomy macro landscape, researchers say stocks are headed for a deeper pullback. The Dow Jones Industrial Average […]

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Anthony Fauci’s ‘Weeks’ of Coronavirus Self-Isolation Will Destroy U.S. Economy

America’s chief immunologist has predicted that the coronavirus lockdown will last at least “several weeks.” People are already going mad after several days of self-isolation, as a brief glance at social media will show. A lockdown lasting weeks or months will set the U.S. up for its worst quarterly contraction on record, and potentially for […]

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