Plummeting

The Dow Is Plummeting & the IMF Warns This Is ‘Humanity’s Darkest Hour’

The Dow Jones careened lower on Friday as the stock market recoiled from a horrific jobs report. Nordea warns the government’s Paycheck Protection Program won’t stop April’s unemployment report from getting even worse. IMF Managing Director Kristalina Georgieva said the coronavirus pandemic is “humanity’s darkest hour.” A horrendous U.S. jobs report pummeled the Dow Jones…

The Dow Is Plummeting Because Coronavirus Killed Trump’s Trade Deal

A terrible PMI reading prompted a massive slide in the Dow Jones Industrial Average (DJIA) on Friday. Stock market bulls appear to have underestimated the effect of the coronavirus on the U.S. economy. Donald Trump’s phase one deal with China looks unlikely to be fulfilled, posing a significant risk to the Dow Jones. The Dow…