Warns

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…

Dow Recoils as IMF Warns Recession Could Eclipse 2008 Crash

The Dow Jones snapped a three-day winning streak on Friday. Coronavirus headwinds in Europe paint a worrying picture for the United States. The outlook for the Dow darkened after the IMF indicated that the global economy is already in a recession as bad, if not worse, than the financial crisis. A flurry of bearish news…