- Markets plummeted Monday over coronavirus fears. The Dow had its worst day since 2008, tumbling more than 2,000 points after a trading halt and the biggest oil crash in nearly 30 years.
- Global oil markets plunged after the implosion of an alliance between OPEC and Russia caused the worst one-day crash in crude prices in nearly 30 years.
- European and Asian markets closed lower.
Regulators to banks: Work with borrowers hurt by coronavirus
SOURCE: https://www.cnn.com/business/live-news/stock-market-news-today-030920/index.html
I predicted in 2018, in these forums, that the U. S. Economy suffer a great financial loss. See the source below.
Posts: 3,493August 2018 Flag
The current US Economy is false growth. A crisis will occur in 2020. A double correction will be required. The robber barons will still get away with their ill-gotten gains. They'll end up using their gains to protect themselves from disease and social ills.
The US "poor" and "middle class" are being raped by the Trump Tax cuts. The rich and big companies are being immorally satisfied. One can't part-take of the forbidden fruit and not suffer the consequences. Oh, America, when will you learn? Republicans used to care. However, greed is a blinder. CM. SOURCE: https://www.christiandiscourse.net/discussion/comment/7287#Comment_7287
The sad truth is, that THE economy may get worse before it gets better. No, I am not a prophet or a son of a prophet. America, be warn, your sins of the past are yet before you.
You need torrent and do rich by God and His people. Give reparation where necessary and required. Notwithstanding, repeal the second Amendment , stop aborting life with guns and your support of the NRA.