slid to 1.4129%. Yields on shorter-dated bonds were broadly higher, however. Yields move inversely to prices.Wall Street continued a recent sell-off on Monday as the S&P 500 posted its fourth consecutive day of losses, fueled in part by fears that the economic recovery could take longer than anticipated.
Meanwhile, the U.S. is nearing 200,000 deaths from the coronavirus pandemic, having recorded more than 6.85 million cases, according to data compiled by Johns Hopkins University.
Covid is a hoax
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Fed's Powell says central bank committed to using all tools to help recoveryThe Federal Reserve remains committed to using all the tools at its disposal to help the U.S. economy recover from the blow delivered by the coronavirus pandemic, Chair Jerome Powell said on Monday. This guy has said this 100 times. We know. Who cares? So negative interest? Loaning you’re zombie corporations? Buying their bad debt? Same old tune, same result. Try doing for the consumer instead. Do something so older people can go ahead and retire. Or young people can get out of school debt. Start some public works programs. This means more free Helicopter QE Stimulus money for Wall Street Markets thru Asset Purchases of ETF/Corporate (Junk) Bonds. This just Increases Govt Debt and Deficit. Global Asset Mgr's say Japan tried this for years. It Didn't help their Economic growth just Debt balance sheet
Source: Reuters - 🏆 2. / 97 Read more »
Fed chief Powell slated for first of week's three congressional appearancesU.S. Federal Reserve Chair Jerome Powell on Tuesday makes the first of three appearances on Capitol Hill this week to address lawmakers' questions and concerns about the raft of emergency measures the central bank has taken to blunt the hit to the economy delivered by the...
Source: Reuters - 🏆 2. / 97 Read more »
Fed’s Covid-19 response could score once-embattled Powell another termFederal Reserve Chair Jerome Powell was once on the verge of being fired by President Donald Trump for not doing enough to turbocharge the U.S. economy. Now, he stands a decent chance of keeping his job no matter who is elected president. This usually means he balked at illegal and/or unethical orders. I’d fire him if I were president
Source: politico - 🏆 381. / 59 Read more »
Here's what happened to the stock market on MondayConcerns about the potential worsening of the pandemic, as well as uncertainty on further fiscal stimulus, sent the broader market lower. BLACK TUESDAY COMING , INDICES RIP , NASDAQ ; SP500 , DOW jones Thats just saying “Line go down” with extra steps.. Need Social Media Design, I am Here to help. Contac me
Source: CNBC - 🏆 12. / 72 Read more »
What Will The Future Of Theater Look Like? 'Our Artists Are Going To Lead Us'It's hard to predict exactly how theater will come back after the pandemic, but here are a couple of guesses: Fewer crowds, more collective imagination, and a focus on racial and environmental justice. Trump2020 Just what the paying public wants. Eyes roll.
Source: NPR - 🏆 96. / 63 Read more »
Gabriela Hearst and Kerby Jean-Raymond Take Home 2020 CFDA Fashion Awards'Not having a gala allows us to focus on designers during the global pandemic and redirecting our efforts toward scholarships and bringing racial equity to fashion,' Tom Ford said during the announcement.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »