US stock market bubble may pop soon after Wall Street’s coronavirus bonanza, Bank of America warns

The second-largest US lender, Bank of America, has warned that the “extreme rally” seen after the market crash triggered by the pandemic formed a bubble in asset prices, and it could be about to burst. … Read More >US stock market bubble may pop soon after Wall Street’s coronavirus bonanza, Bank of America warns

Beijing urges Washington to halt crackdown as Trump signs bill that could kick Chinese firms off US exchanges

The Chinese Foreign Ministry has blasted US President Donald Trump after he signed a bill that would see Chinese firms removed from US stock exchanges unless they adhere to American auditing standards. … Read More >Beijing urges Washington to halt crackdown as Trump signs bill that could kick Chinese firms off US exchanges

Removal from US stock markets won’t halt investments in blacklisted Chinese companies, Beijing says

China has urged the US to “stop wrongful actions of abusing state power,” as it slammed the recent order from Washington that forced Nasdaq to announce the removal of four Chinese firms from its indexes. … Read More >Removal from US stock markets won’t halt investments in blacklisted Chinese companies, Beijing says

US economy on such massive jolt of monetary heroin there’s no dialing back the dosage – Peter Schiff

Stocks have been on a bull run ever since their big March drop at the beginning of the pandemic, so veteran stockbroker Peter Schiff asks: if Covid-19 didn’t hurt the stock market, why should a vaccine help? … Read More >US economy on such massive jolt of monetary heroin there’s no dialing back the dosage – Peter Schiff

US stock market’s ‘BIGGEST BUBBLE EVER’ may have popped but the worst is yet to come – Peter Schiff

The Wall Street sell-off could mean that the market bubble may have popped, said veteran stockbroker Peter Schiff. He has been warning that the air has been coming out of the stock market bubble for a long time. … Read More >US stock market’s ‘BIGGEST BUBBLE EVER’ may have popped but the worst is yet to come – Peter Schiff

‘Nasty days’ ahead for US stock markets no matter what government does, chief strategist tells Boom Bust

Jobless claims in the US are up for the first time in months as the pandemic continues to surge in some parts of the country. Meanwhile, the government is set to release the next round of stimulus funding to support the economy. … Read More >‘Nasty days’ ahead for US stock markets no matter what government does, chief strategist tells Boom Bust