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World stocks end four-day winning streak as U.S.-China tensions grow

  
Stock MarketsAug 07, 2020 04:40AM ET

Irvin commented on this article:

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Irvin Mermelstein
Irvin Mermelstein Aug 07, 2020 1:09AM ET
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The Payroll Protection Plan, the source of bailouts for zombie companies, ends on Saturday. That means that small businesses will be laying off workers on the way to bankruptcy court. Futures look down everywhere. At its March low, the NASDAQ was about 6800.What has happened since then to account for a rise of over 4000 points? 160,000 deaths, an 8% drop in GDP during one quarter, unemployment understated at 11.1%. Those things have always driven markets down, and they will this time too.
Jon Bal
Jon Bal Aug 07, 2020 1:09AM ET
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the bet was the fed to print another $1 trillion. they're outta ammo
Aditya Lodha
Aditya Lodha Aug 07, 2020 1:09AM ET
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Trump will ask Feb to print more
Itachi Uchiha
Itachi Uchiha Aug 07, 2020 1:09AM ET
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unlimiting ammo
Swann Karandikar
Swann Karandikar Aug 07, 2020 1:09AM ET
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This time its a paradigm shift. It occurs every 30 years. See the history. Next big change, 2050.
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