Tag: S&P500
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“Walter Bloomberg” saves the stock market: fake news tweet on tariffs suspension followed by $2.5 trillion swing in the S&P500
A popular financial news account on X.com (Twitter), with over 800,000 followers and operating under the pseudonym “Walter Bloomberg” that uses a photo of Russian actor Vyacheslav Shatnenko, tweeted a fake news item claiming that President Trump was considering a 90-day suspension of the tariffs he announced last week. The tweet was followed by a…
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Blood in the streets as 2-day sell-off wipes off $5 trillion from the US stock market
The US stock markets have had one of the worst weeks in history after a two-day sell-off wiped out up to $5 trillion in market value. The stock market crash began as soon as President Trump announced tariffs on everyone. Many stock markets across the world followed suit with the German stock market going back…
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Donald Trump set to win the US election: US stock markets and bitcoin make all time-highs
Donald Trump is the clear winner of the US elections with most of the votes counted having won at least 267 electoral colleges compared to Kamal Harris’ 224. A US candidate needs at least 270 electoral votes to win the presidency. Donald Trump also won up to 51.5% of the popular vote. Meanwhile, the US…
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This time it’s not different: SPX 10,000 and gilded debt.
There’s fear in the credit and public debt markets but for me, personally, looking at the deep end of the long-dated treasuries and public debt notes in Europe, there are good bargains to be found. We have come a long way ever since Jay Powell said “We are not thinking of thinking of raising rates”,…