Dow < 20K; Trump Dollar Checks; Bernanke; 30% US Jobless Est; Uber Spike; Walmart All-Time High

STOCKMARKET-BLOG.COM EXCLUSIVE

Stock Market Headlines: Trump Checks To Americans; 1T Plan; Cheap Gas in the US: Below $2 a gallon in 12 states; Walmart all-time high
Federal Reserve: Ben Bernanke FT; 30% US Jobless Rate Estimate; Business conditions are at lowest levels since 2009 New York FED; FED to buy commercial-paper
Uber: +38% Spike On Thursday
Dow: Close 19,173

Stock Market Headlines

Trump wants to send $1,000 to adults, $500 to kids in coronavirus stimulus bill, Mnuchin says

https://www.cnbc.com/2020/03/19/coronavirus-trump-wants-payments-of-1000-for-adults-500-for-kids.html

USA Republicans unveil $1tn plan..

https://www.ft.com/content/e23b57f8-6a2c-11ea-800d-da70cff6e4d3

U.S. President pledges to backstop airlines ’100%′

https://www.cnbc.com/2020/03/16/airline-stocks-jump-after-trump-pledges-100percent-backstop.html

Kudlow Says Government May Take Equity Stakes for Company Aid

https://finance.yahoo.com/news/kudlow-says-government-may-equity-203059071.html

Ford's stock drops toward 11-year low after dividend suspended

https://finance.yahoo.com/m/3f743c2a-dc2f-3903-908f-4201bf440a60/ford-s-stock-drops-toward.html

France ready to nationalise stricken companies

https://www.ft.com/content/7eb398ac-6839-11ea-800d-da70cff6e4d3

World’s top three fund houses shed $2.8tn of assets

https://www.ft.com/content/438854a8-63b0-11ea-a6cd-df28cc3c6a68

US investors brace for ratings downgrades

https://www.ft.com/content/470cbfdc-6528-11ea-a6cd-df28cc3c6a68

The entire Trump stock rally is nearly gone

https://www.cnn.com/2020/03/18/investing/stocks-erase-trump-gains/index.html

Walmart shares hit all-time high following upgrade

https://finance.yahoo.com/news/credit-suisse-upgrades-walmart-to-outperform-amid-coronavirus-191947196.html

Pound plunges to its lowest level in over 30 years | BBC

https://www.bbc.co.uk/news/business-51921922

Dollar Heads for Record High..

https://www.bloomberg.com//news/articles/2020-03-18/dollar-heads-for-record-high-with-chaos-eclipsing-stimulus-hopes?srnd=markets-vp

China’s Tencent Reaches Profit of $13 Billion, Despite Headwinds

https://finance.yahoo.com/news/china-tencent-reaches-profit-13-113109766.html

ECB agrees €750bn bond purchase programme

https://www.ft.com/content/5919c6fb-1f5f-315d-8353-94f04afcf340

Italy’s Conte Calls for Coronavirus Bonds To Finance EU Response

https://www.bloomberg.com//news/articles/2020-03-17/italy-s-conte-calls-for-coronavirus-bonds-to-finance-eu-response?srnd=markets-vp

Investors Turn Sour on Silver in Worst Losing Streak Since 1983

https://finance.yahoo.com/news/investors-turn-sour-silver-worst-181026722.html

FedEx +8% after earnings beat

https://seekingalpha.com/news/3552671-fedexplus-8-after-earnings-beat

Apple
stock records worst day since 2008

https://www.marketwatch.com/story/apple-stock-records-worst-day-since-2008-amid-deepening-concern-about-coronavirus-2020-03-16?mod=home-page

Another Black Monday for McDonald's stock, which suffers biggest loss since October 1987

https://www.marketwatch.com/story/another-black-monday-for-mcdonalds-stock-which-suffers-biggest-loss-since-october-1987-2020-03-16?siteid=yhoof2&yptr=yahoo

Amazon is looking to hire 100,000 employees to keep up with demand

https://techcrunch.com/2020/03/16/amazon-is-looking-to-hire-100000-employees-to-keep-up-with-demand/

Cheap Gas in the US: Below $2 a gallon in 12 states

https://www.cnn.com/2020/03/19/business/gas-prices-coronavirus/index.html

FEDERAL RESERVE

Ben Bernanke and Janet Yellen:
Fed must act on coronavirus

https://www.ft.com/content/01f267a2-686c-11ea-a3c9-1fe6fedcca75

U.S. Jobless Rate May Soar to 30%, Fed’s Bullard Says

https://www.bloomberg.com/news/articles/2020-03-22/fed-s-bullard-says-u-s-jobless-rate-may-soar-to-30-in-2q

Business conditions are at lowest levels since 2009: New York FED | Yahoo Finance Video

https://finance.yahoo.com/video/business-conditions-lowest-levels-since-195830724.html

FED Eric Rosengren Says U.S. Economy ‘Will Come Back Strongly’

https://www.bloomberg.com//news/articles/2020-03-19/fed-s-rosengren-says-u-s-economy-will-come-back-strongly?srnd=markets-vp

FED to buy commercial-paper

https://www.ft.com/content/b36baa20-685d-11ea-800d-da70cff6e4d3

FED
to lend against stocks and bonds in bid to stabilise markets

https://www.ft.com/content/cf485398-689d-11ea-800d-da70cff6e4d3

Uber Stock Spike

Dow Weekly Moves

Friday
-900

Thursday
188+

Wednesday
-1300

Tuesday
1000+

Monday
-2997 points

Dow -3000 (almost); Spain -8%; Biz. Conditions Lowest Levels Since 2009 New York FED| STOCKMARKET-BLOG.COM

https://www.stockmarket-blog.com/2020/03/stock-market-today-march-16.html

Bonds Market This Week

(Special Edition)

Junk bond default rate to triple within 12 months, S&P says

https://www.cnbc.com/2020/03/20/junk-bond-default-rate-expected-to-triple-in-next-12-months-sp-says.html

Gundlach Says ‘En Masse’ Defaults Likely for Some Junk Issuers

https://finance.yahoo.com/news/gundlach-says-en-masse-defaults-230057162.html

High-yield paper getting hit even harder today

https://seekingalpha.com/news/3552133-high-yield-paper-getting-hit-even-harder-today

.................

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