Coronavirus

Harvard Coronavirus Study Exposes U.S. Blunders as Trump Faces Coverup Claim

A new Harvard study shows just how bad U.S. coronavirus testing capabilities are. It underscores how dangerous it is for many states to be reopening. The data calls Donald Trump’s refusal to admit the nation is lacking testing into question. The coronavirus crisis is quickly devolving into the latest front in the never-ending culture war.…

Coronavirus Could Squander the Housing Market’s Best Months

May and June are traditionally the best months to sell a home. This year will be an entirely different story. With the coronavirus wreaking havoc on the housing market, it can ill afford to miss out on the late-spring jolt. Whether the coronavirus pandemic causes a housing market crash or not, it will, at the…

2nd Coronavirus Wave Will Strike at the Worst Possible Time for Trump

Health experts fear that a second wave of the coronavirus will flare up in October or November. The second wave will arrive right on time for the 2020 presidential election. Trump will have to fight for reelection while trying to hold the country and economy together. Donald Trump is already facing the most difficult challenge…

Coronavirus: Are We Fighting a Great Depression or Causing One?

U.S. unemployment has hit 30.3 million people. This will push next week’s official unemployment rate well about 13%. Unemployment during the Great Depression was above 14%. The longer U.S. unemployment rises due to our response to coronavirus, the greater our depression, all the way to the Great Depression. COVID-19 causes physical anguish and death, but…

Proof That Coronavirus Came From a Chinese Lab May Trigger a Stock Market Crash

The coronavirus allegedly leaked from a Chinese lab, and that would mean that the Chinese Communist Party is directly responsible for this pandemic. Trump and other world leaders may hold China accountable through tariffs and other economic penalties. But while China fully deserves to be punished, Trump’s retaliation will crash the stock market and send…

WHO Coronavirus Warning Could Wreck Stock Market Risk Rally

The WHO recently warned re-infection by coronavirus is possible. The CDC remains confident a second wave will hit later this year. The exuberant stock market rally could suddenly unravel. The World Health Organization warned Friday that COVID-19 patients might not be immune to a coronavirus “second infection.” Consequently, the extraordinary stock market risk rally since…

Why Your Favorite ‘Coronavirus Stock’ Just Took Wall Street on a Nasty Ride

Gilead Sciences’ promising coronavirus drug made waves last week. Today, leaked WHO documents showed it flopped in a 237-person trial. Gilead was quick to downplay the trial as too small to be conclusive. But the firm wasn’t so conscientious about last week’s much smaller trial. The U.S. stock market ended Thursday flat after suffering a…

70% of Investors: The Coronavirus Recession Will Be Worse Than 2008

Seventy percent of investors in a recent survey said the coronavirus recession would be worse than the 2008 financial crisis. But interestingly, 55% say the recession will be over within a year. It took the S&P 500 16 months just to reach bottom during the 2008-09 crisis. And it took over five years to fully…