Morgan Stanley CEO James Gorman tells 60,431 employees: ‘Your jobs are secure’ this year
Morgan Stanley CEO James Gorman tells 60,431 employees: ‘Your jobs are secure’ this year Morgan…
Morgan Stanley CEO James Gorman tells 60,431 employees: ‘Your jobs are secure’ this year Morgan…
Stocks in Asia Pacific soared in morning trade on Wednesday as investors await the announcement of an enormous stimulus deal by U.S. lawmakers.
Stocks are showing some signs of finding a bottom and markets are looking better with some improvements in credit and buying interest in stocks.
The market has been lifted by the promise of a big stimulus program from Washington and a huge blast of monetary stimulus from the Federal Reserve.
Strategists warn it could be a temporary bottom, and there will be no real bottom until it is clear new coronavirus cases in the U.S. have peaked.
A bona fide selloff took hold Monday on Wall Street after investors spent weeks attempting to come to terms with the potential impact of the COVID-19 outbreak as it spreads in countries outside of China, notably Italy and Iran, threatening to dent global supply chains and economies.
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We have been saying that the world is heading towards a recession since 2015, as the symptoms the caused the last financial crash back in 2008 have never really gone away, and we could see a lot of sticky plasters that were used to prop up housing markets as short-term solutions as opposed to properly addressing the source of the issues to prevent it from happening in the future.