IMF’s Fed Reserve Warning Risks Rattling U.S. Stock Market Rally

The U.S. stock market slightly declined as the International Monetary Fund (IMF) released a statement. The IMF hinted policymakers may not be accurately assessing economic data after the pandemic. With a drop in consumer spending, exports, and business productivity, policymakers have lots of data to process. The U.S. stock market is probably not accurately pricing …

Bizarre Stock Market Rally Leaves Wall Street’s Best Billionaires Dumbfounded

Wall Street billionaires have little intention of re-entering the stock market despite its strong rally. Carl Icahn’s failed $1.5 billion bet on Hertz shows why billionaires are cautious. Big cash-buffer at a time like this is necessary to rescue struggling businesses. Carl Icahn is the latest billionaire to be on the wrong side of the …

Stock Market Whipsaws on Vaccine Hype – But Smart Money Isn’t Buying It

The U.S. stock market is falling in pre-market as a top Chinese vaccine stock falls. Scientists worry that investors are prematurely optimistic about phase one trial results of vaccines. Investors are rushing to trade stocks, as retail continues to fuel the market. The U.S. stock market has rallied in the past week due to widespread …

U.S. Stock Market Rattled as Millions of Jobs are Permanently Dead

Total unemployment claims in the U.S. since March total 36 million, with China exceeding 50 million and U.K. projected to see 12 million. Stanford professor Nicholas Bloom says 42% of lost jobs will not be restored. The U.S. stock market risks a deep pullback as investors fail to consider worse outcomes of the pandemic. Unemployment …