Category: Plunging

Here’s Why Big Rate Cuts Won’t Stop the Dow From Plunging Into a Bear Market
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Here’s Why Big Rate Cuts Won’t Stop the Dow From Plunging Into a Bear Market

History shows that emergency interest rate cuts precede a bear market. WHO issues new guidance regarding the mortality rate of COVID-19 (coronavirus). A new study estimates that the virus could easily halve economic growth this year. The Federal Reserve shocked market participants on Tuesday after announcing an aggressive 50-point rate cut. The move was intended…

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