Tweet me jimkraim he were worst day since the crash of 87, the dow at the lowest close in two years no s p plummeting 9. 8 , nasdaq 12. 32 , a truly sickening day with a horrendous last hour. Its finally dawning on people were in a real crisis here. Ive been telling you this pandemic could be real bad news for stocks, since i came back from the super bowl we were underestimating the coming outbreak send us into i want to say a recession, because i think that its pretty obvious that thats kind of where were going. People did underestimate the coming outbreak and as far as im concerned it really isnt one of the situations where we can just ride it out we have to think about it. We have to figure out what to do we have to work together, and ive got some ideas, theyre not simple ideas theyre ideas involving opportunity, theyre ideas involving what i regard as being lets just say some things that happen that are good when the market goes down, but were not ready yet. First, lets talk about
Ready for the listing later this week. First horizon ceo, brian jordan, with the pulse check on regional banks post prices and the state of lending as rates continue to rise. Off the opening highs, pretty good breath and among the dow, 30 components. We brace ourselves for a busy week with earnings from giants like adobe, microdata cpi incorporate events and southside conferences. The European Central bank meeting and we have an armed ipo and whats interesting, and we heard from our friend about he says the relationship is so important but we are seeing higher yields today and stocks are rising despite that. Usually they are scared off y that and maybe it has to do with the bank of japan. Overnight, some comments there about scrapping their yield curve control but is a relationship we are going to watch heading into an important inflation week. Breaking that link would be key. We are getting breaking news. We will go to steve. Hey, steve. Hey, carl, thanks. Dodging a bullet here for th
Britain s 36million credit card holders are facing the highest interest rates in more than 17 years as providers of some of the most popular cards hike their costs.
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