The Dow Jones yesterday ended the worst 1st quarter in its history because of the coronavirus. And the worst quarter since 1987! The index had reached an all-time high on February 12th. But in mid-March, the numbers of people infected with the coronavirus in the USA began to rise parabolically. This was the starting signal for a historic sell-off of the Dow Jones and other indices. Tonight Donald Trump has set the US people in the mood for “two very, very hard weeks”. And this could now also apply to the stock markets, especially to Wall Street. Today the US futures significantly lower, which will be an opening with quite red figures for the European stock markets.
Two scenarios of what will happen on the markets! Even if the hope for interest rate cuts, i.e. the supply of cheap money (the monetary factor) almost inevitably leads to rising share prices, things could […]
The oil price jumped last night, and was able to hold the gain overnight! WTI oil has gone from under $24 to $26.46 tonight. And this is exactly the high the market is currently at. […]
In the USA, the corona crisis is coming to a head and the country has become the epicentre of the corona virus. You can’t manage the crisis more catastrophically than Trump, says Sandra Navidi. In […]