Growing fear coronavirus will plunge U.S. and other economies into deep recessions
The so-called 'Trump Bump' is gone gone gone. The week ending Friday, March 20, 2020 was officially the Dow's worst week since 2008, with a loss of over 900 points.
Blame coronavirus, sure, but blame Trump's murderously inadequate and dishonest response.
Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions. The Dow industrials dropped more than 900 points, extending their weekly loss to 17%. The price of U.S. crude oil also took another nosedive as investors anticipate a sharp drop in demand for energy as manufacturing, travel and commerce grind nearly to a halt. New York became the latest state to extend a mandate to nearly all workers stay home to limit the spread of the virus.
Entire stock market gain wiped out since Trump took office
The UK government today ordered domestic companies to stop buying equipment from Chinese vendor Huawei and to stop using its kit entirely by 2027. Huawei is suspected to be an arm of the Chinese government, breaking into western markets (and maybe its networks) by selling impossibly cheap equipment. The UK only recently approved more Huawei […]
• Amazon’s new Chinese thermal spycam vendor was blacklisted by U.S. over allegations it helped China detain and monitor Uighurs and other Muslim minorities
Mark Di Stefano of the Financial Times is accused by The Independent of accessing private Zoom meetings held by The Independent and The Evening Standard as journalists were learning how coronavirus restrictions would affect them.
The bar has been raised on home video production. So just in case you haven’t been on YouTube, Instagram, TikTok or other video-heavy platforms lately, the days of the boring, white-walled, locked-down selfie video that looks like it could have been filmed by hostage-takers doesn’t really cut it anymore. Thankfully, your filming options have also […]
There’s no research to back this up…but it’s entirely possible the ukulele is the least intimidating instrument in the world. Oh, make no mistake — that’s not because the ukulele is just that simple to master. It’s a stringed instrument, so it takes some serious work to get good at it. But admit it…the island […]
You probably have a lot of items in your home that you’d hate to lose to theft or damage. While certainly no one ever hopes to fall victim to a natural disaster or home invasion, you need to be prepared just in case it does happen. When it comes to choosing a reliable renters insurance, […]