A worker on a Chesapeake Energy natural gas platform in Fort Worth, Texas Matt Nager | Bloomberg | fake pictures Chesapeake Energy, the son of the American shale revolution, filed for bankruptcy on Sunday. The move comes as the company and industry in general have been rocked by a drop …
Read More »Stock futures fall as coronavirus cases continue to rise in the U.S.
Traders wearing masks work inside the stalls, the first day of in-person trading since closing during the outbreak of coronavirus disease (COVID-19) on the floor of the New York Stock Exchange (NYSE) in New York, USA, May 26, 2020. Brendan McDermid | Reuters US stock futures fell on Sunday night …
Read More »Debt from AT&T and other corporate giants saw higher Federal Reserve purchases
The Federal Reserve on Sunday released more details of an emergency loan program that buys corporate debt, showing which US companies have benefited from its unprecedented measures to support the flow of credit into the economy. Through its loan facilities, the Fed is buying individual corporate bonds on the market …
Read More »Award-winning forecaster says the US economy may not recover for next year, putting stocks at risk of correction
The US economy may not fully return to normal until 2022, and the stock market is at risk of a correction later in the summer, a leading economic forecaster said on Friday. Christophe Barraud, chief economist and strategist at Market Securities in Paris, said the best case for the US …
Read More »7 reasons the stock market may face severe turbulence next week and beyond: only one is the increase in coronavirus cases
The journey from here could get much more bumpy after the Dow recorded its worst one-day loss since June 11 on Friday, lowering the blue chip index to its lowest point since May 26 and at least momentarily leaving I encourage equity investors. who may be gradually losing their bullish …
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