Here’s How Kim Jong-un’s “Death” Could Affect The U.S. Stock Market

North Korean dictator Kim Jong-un is reportedly dead according to multiple news outlets. Financial markets may not take the news positively, as tension between the U.S. and China could worsen over turmoil in Pyongyang. The U.S. stock market already looks vulnerable, and more geopolitical chaos is the last thing it needs. Kim Jong-un is believed …

What Will Buffett Do? He Already Told Us – But Dow Bulls Won’t Like It

Warren Buffett probably kept hold of his cash reserves over the past month despite the market downturn. Buffett may have invested in March, but we won’t know until May 2 when Berkshire reports its Q1 results. The current market is driven by greed, which goes against Buffett’s investment philosophy. During the Great Recession in 2008, …

Dow Rallies 600 Points After Italy Turns a Corner in War with COVID-19

The Dow Jones kicked off the week with an aggressive rally. Stock market bulls cheered the flattening of the coronavirus infection rate curve in Italy. Unfortunately, U.S. cases of COVID-19 surpassed 150,000 overnight. The Dow Jones Industrial Average (DJIA) clawed out an aggressive rally on Monday after Italy turned a corner in its battle with …

Dow Futures Plunge as COVID-19 & ‘Risky Corporate Debt’ Threaten to Topple U.S. Economy

Dow Jones futures were off by as much as 469 points in after-hours trading, threatening to undo all of Thursday’s gains. Stock trading remains highly volatile as investors weigh the ever-growing impact of coronavirus on public health and the economy. Coronavirus could be the pin that pops corporate America’s debt bubble. Futures on the Dow …

Dow Futures Dive as Bloomberg Leaks Mnuchin’s 20% Unemployment Fear

Dow futures dropped 600 points overnight after the index up more than 1,000 points Tuesday. Dow bears sold off as Bloomberg broke a report claiming Treasury Secretary Stephen Mnuchin believes U.S. unemployment could reach as high as 20%. Charles Schwab believes that institutional money will be reluctant to sell and could slow the stock market …