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World trade hit by virus sees worst collapse in a generation

The global economy’s most abrupt and consequential shock in at least a generation is unfolding at ports and other hubs of international commerce as the U.S. and Europe struggle to contain the coronavirus pandemic......»»

Category: topSource: moneycentralMar 26th, 2020

"Unprecedented Decline" - The Collapse In World Trade Is A Once In A Generation Shock

"Unprecedented Decline" - The Collapse In World Trade Is A Once In A Generation Shock COVID-19 is expected to produce a global recession depression as nearly all of the world's major economies have grou.....»»

Category: blogSource: zerohedgeMar 28th, 2020

WTO gives somber goods trade outlook, sees virus threat

Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could become even worse due to the new coronavirus......»»

Category: topSource: reutersFeb 17th, 2020

WTO gives somber outlook for global trade, sees virus threat

Growth of global trade in goods is likely to remain weak in early 2020, the World Trade Organization (WTO) said on Monday, adding that the below-trend performance could be reduced even further by the new coronavirus......»»

Category: topSource: reutersFeb 17th, 2020

World Trade Suffers Biggest Collapse Since Financial Crisis

The recent collapse in world trade volume is the worst since the financial crisis and as dangerous as during the dot-com bubble of the early 2000s, according to The Telegraph. Data from.....»»

Category: blogSource: zerohedgeApr 17th, 2019

NewsWatch: Top forecaster who exited stocks weeks ago predicts ‘rolling bear markets’ until 2022

Our call of the day comes from a forecaster who escaped this bear market by exiting 90% of stocks before the virus started to grip the world, and he sees more bear markets ahead......»»

Category: topSource: marketwatchMar 17th, 2020

Need to Know: Top forecaster who exited stocks weeks ago predicts ‘rolling bear markets’ until 2022

Our call of the day comes from a forecaster who escaped this bear market by exiting 90% of stocks before the virus started to grip the world, and he sees more bear markets ahead......»»

Category: topSource: marketwatchMar 17th, 2020

"Bracing For Impact" – China Shock To Strike Germany"s Largest Port In Days, As Trade Volumes Collapse 40%

"Bracing For Impact" – China Shock To Strike Germany's Largest Port In Days, As Trade Volumes Collapse 40% The worst-case coronavirus scenario is now being realized for German ports, as collapsing.....»»

Category: blogSource: zerohedgeMar 12th, 2020

Robinhood’s Reputation Is Ruined, Permanently

Robinhood, the next generation trading product, suffered a collapse for the second time. If traders want anything, it is for their system to be up and running when they have to trade......»»

Category: blogSource: 247wallstMar 10th, 2020

PIMCO sees mild recession due to virus but tight credit poses risk

Pacific Investment Management Co (PIMCO), one of the world's largest investment firms, told clients on Sunday the coronavirus outbreak is likely to cause a relatively mild and short recession though tight credit markets could worsen the downturn......»»

Category: topSource: reutersMar 8th, 2020

"Worst yet to come": European airlines on virus impact

The worst is yet to come for the travel trade, according to European airlines gathered for an industry summit in Brussels. Julian Satterthwaite reports.....»»

Category: videoSource: reutersMar 3rd, 2020

Market Extra: Here are 5 reasons the stock market booked its worst decline since 2008, and only one of them is the coronavirus

The virus has virtually crippled swaths of manufacturing in China, the second-largest economy in the world, and the country is a big buyer of products and services from other countries. U.S. technology companies such as Apple depend on Chinese supplies......»»

Category: topSource: marketwatchFeb 28th, 2020

Dow tumbles to kick off Friday trade and is on the verge of losing grip on 25,000 as stocks head for worst week since 2008

U.S. stocks opened lower Friday, a day after the Dow suffered a nearly 1,200-point skid and major benchmarks fell into correction territory, as investor fears heightened over the degree of damage the fast-spreading COVID-19 virus may wreak .....»»

Category: topSource: marketwatchFeb 28th, 2020

World stocks set for worst week since 2008 as virus stokes recession fears

World share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and trigger a global recession......»»

Category: topSource: reutersFeb 27th, 2020

Market Extra: Here are 5 reasons the stock market is having its worst decline since 2008, and only one of them is the coronavirus

The virus has virtually crippled swaths of manufacturing in China, the second-largest economy in the world, and the country is a big buyer of products and services from other countries. U.S. technology companies such as Apple depend on Chinese supplies......»»

Category: topSource: marketwatchFeb 27th, 2020

World stocks set for worst week since 2008 as virus fears grip markets

Global share markets were headed for the worst week since the depths of the 2008 financial crisis as investors ditched risky assets on fears the coronavirus would become a pandemic and derail economic growth......»»

Category: topSource: reutersFeb 27th, 2020

Emotion and Economic Developments Combine to Set Stock Prices

A recent Associated Press article reported that the Fed Chair Sees China Virus as Possible Risk to World Economy. When I see an article like... The po.....»»

Category: blogSource: valuewalkFeb 25th, 2020

Biggest US port sees drag from coronavirus though most of 2020

(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here. The shipping industry will remain volatile for most of 2020 as the coronavir.....»»

Category: topSource: moneycentralFeb 25th, 2020

Exclusive: U.S. sees no material impact from virus on U.S.-China trade deal - for now

U.S. Treasury Secretary Steven Mnuchin told Reuters he does not expect the coronavirus outbreak to have a material impact on the Phase 1 U.S.-China trade deal, although that could change as more data becomes available in coming weeks......»»

Category: topSource: reutersFeb 24th, 2020

China to halve tariffs on some U.S. imports as virus risks grow

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 deal that brought a truce to a bruising trade war between the world's two largest economies......»»

Category: topSource: reutersFeb 6th, 2020

China to halve tariffs on some U.S. imports as virus risks escalate

China on Thursday said it would halve additional tariffs levied against 1,717 U.S. goods last year, following the signing of a Phase 1 trade deal that brought a truce to a bruising trade war between the world's two largest economies......»»

Category: topSource: reutersFeb 6th, 2020