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S&P 500 Falls 20% From January High

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The S&P 500 dipped 20% below its Jan. 3 closing record on Friday, with a close at that level meeting the traditional definition of a bear market. Bloomberg’s Abigail Doolittle has the latest on “Balance of Power.”

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21 Comments

21 Comments

  1. @sunnavailable

    January 16, 2024 at 11:52 am

    Fantastic! I'm ready to short! Somebody has to win, not the profitable companies.

  2. @centralgroupllp3933

    January 16, 2024 at 11:52 am

    This channel/ vedeo is totally useless. A waste of time. Just typical rambling.

  3. @donelpatterson9036

    January 16, 2024 at 11:52 am

    * FFIE RISES 40 % in 7 Days. FARADAY FUTURE FF 91 Ultra Premium Luxury Zero Gravity Seats, Zero to 60 mph 2.39 secs.

  4. @aishwarya6171

    January 16, 2024 at 11:52 am

    Ever since I felt in the hand of a wrong trader, Donald22x has been my saviour. I can't thank you enough.

  5. @gls1934

    January 16, 2024 at 11:52 am

    It was incredibly obvious that this would happen and end in a recession or even a depression. You can't break the laws of finance for decades and and then expect to beat the rap, and Joe Biden and his policy's came along at exactly the right time to trigger the collapse .

  6. @machinexanax347

    January 16, 2024 at 11:52 am

    After researching the history of great assets such as real estate, dividend-paying stocks, gold, oil, and other commodities, Ive come to the conclusion that most excellent assets never come down to the price you want to acquire them at. Simply get the ones you can afford right now.

  7. @chessdad182

    January 16, 2024 at 11:52 am

    Stocks were way overpriced with super high PE ratios. We still need to get the S&P500 PE ratio down to near 15. Then will be a level that it can grow from long term.

  8. @TheHumbleChartist

    January 16, 2024 at 11:52 am

    Time for a rebound guys, get ready

  9. @jhonmacraimbanajokora8657

    January 16, 2024 at 11:52 am

    What's so great about dollar cost averaging is that you don't have to wait for the next peak to get your money back.

  10. @somersetbassett4580

    January 16, 2024 at 11:52 am

    anyone else think of Trump shaming the Fed for considering a non zero rate? 🤔

  11. @robertm.8518

    January 16, 2024 at 11:52 am

    Well time to buy high beta stocks like meme stocks…nfa AMC AND GME 100K BABY WOOOOHHHHH I FEEL THE BREEZE NOW. LETS GO APES LETS FUKING GOO!!! OOOGGAHH BOOGAHHH!!!

  12. @robertm.8518

    January 16, 2024 at 11:52 am

    The year is 1929 and everyone is jumping off rectangle views

  13. @truepersona6804

    January 16, 2024 at 11:52 am

    The good old days of cheap Fed money through QE are over. Before buying any stock make sure the Price to Earning PE is less than FOUR !?! The 99% of S&P500 are living on borrowed time and money with very high or no PE even after the mini crash !
    Plus the Fed can't save the USA stock exchange because it's a BLACK HOLE created by fiat $ currency and needs to be corrected only by increasing interest rates to double digits.

  14. @endcronycapitalism1616

    January 16, 2024 at 11:52 am

    The FED can't pull us out of this correction (which we have needed for decades to weed out the mal-investment in unsustainable (zombie) companies)! The FED can't kick the can down the road any longer! If they try it will cause runaway inflation… Don't fight the FED… Short everything and buy the companies that are able to survive!

  15. @illegalsmirf

    January 16, 2024 at 11:52 am

    Loved watching these two circlejerk each other lol

  16. @requiem5179

    January 16, 2024 at 11:52 am

    S&P is headed to 1800. I bet your 401K Im right. Enjoy that.

  17. @KhoiNguyens

    January 16, 2024 at 11:52 am

    spy to 367

  18. @ssuwandi3240

    January 16, 2024 at 11:52 am

    WE DID IT, JOE!!😅

  19. @hRt42kuo7jTtmk14

    January 16, 2024 at 11:52 am

    The bl00dbath will last 18 months.

  20. @julianschmahl8267

    January 16, 2024 at 11:52 am

    Go Brandon!!

  21. @FinancialOptionsWithThumper

    January 16, 2024 at 11:52 am

    Spy down 20% and can continue for another 10-20%. Protect yourselves out there everyone.

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Trump Says US Will Give Ukraine License to Make Patriot Missiles

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President Donald Trump, speaking at the NATO Summit in Ankara, Turkey, says the US plans to give Ukraine a license to make their own air defense Patriot missiles. During a meeting with Ukraine President Volodymyr Zelenskyy, Trump says it’s very complex, but we’ll “show them how to do it.”
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Ukraine Seeks Faster Patriot Production

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Axios defense reporter Colin Demarest says President Donald Trump’s proposal to let Ukraine produce Patriot interceptors faces significant manufacturing, licensing and technology hurdles, making it unlikely to address Kyiv’s immediate air defense needs. He says shortages of advanced interceptors continue to raise broader questions about defense industrial capacity, while Ukraine’s rapid innovation in drones is reshaping how allies think about modern warfare.
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Paramount-Warner Bros. Deal Challenged by California, States

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A group of 12 states sued Paramount Skydance Corp. Monday seeking to block its $110 billion bid to buy Warner Bros. Discovery Inc., alleging the blockbuster Hollywood deal would leave viewers with higher prices and fewer choices for movies and television.  Jennifer Rie, Bloomberg Intelligence Senior Litigation Analyst for Antitrust joins Bloomberg Businessweek Daily to discuss.
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Makary on FDA’s rollback of hormone replacement therapy warnings #shorts #fda #hrt #womenshealth

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Dr. Marty Makary, former FDA Commissioner, explains the decision behind the FDA’s rollback of long-standing warnings on hormone replacement therapy. On Wall Street Week we look at the $360 billion women’s health market, Wall Street’s investment in menopause and the challenges of distinguishing evidence-based care from marketing hype https://bloom.bg/3EMZYZX

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Maine Democrats Face Tight Senate Deadline

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Bloomberg’s Boston Bureau Chief Brooke Sutherland says Maine Democrats are racing to choose a new Senate nominee after Graham Platner withdrew, leaving the party with little time to unify behind a replacement in a race viewed as critical to control of the Senate. She says party leaders face pressure over the candidate vetting process as delegates prepare to select a nominee from a crowded field ahead of the filing deadline.
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