Markets are falling sharply, even after the Federal Reserve aggressively cut interest rates to near zero.Johannes Eisele/AFP via Getty Images
Markets are falling sharply, even after the Federal Reserve aggressively cut interest rates to near zero.U.S. stock indexes fell sharply Monday, a day after the Federal Reserve aggressively cut interest rates to near zero in a bid to stop the economy from crashing. The Dow Jones Industrial Average was down over 2,000 points, or nearly 9%, as coronavirus measures rapidly expanded.
The deep stock market selloff reflects broad concerns that despite these economic measures, the U.S. economy is likely heading toward a recession. Many parts of the economy have abruptly come to a standstill. Government orders to temporarily close restaurants and bars in New York City, Los Angeles and Chicago and recommendations to ban groups of
Can we get back The $1.5 trillion they just got the other day. SocialismForTheRichCapitalismForThePoor
I'm bearing it
Different news channel, completely different takes.
“Im the best! Best Stock Market fall of all time!”
Orange Triator can sign that one too
That day of prayer sure helped
I’m still totally surprised that a man that bankrupted multiple businesses got elected. I’m not surprised at all that he’s bankrupting America.
Stop crashing around trying to save your own behind realDonaldTrump. Get out of the way and let someone, who actually has a clue dig us out of all these holes you’ve created for the country. If I survive the virus, I’d like to retire before I’m 85.
“Won’t someone think of the stockholders!?!?”
realDonaldTrump winning
Now there is no buffer in case we have a market downturn on top of the current COVID disaster. A LOT of business is going to be impacted, and it will snowball into a very very bad recession.
This is the greatest economy ever.
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