(Tyler Durden) For all those claiming that stocks had priced in 3 (or more) 50bps (or more) rate hikes, we have some bad news.
stocks
China Stocks on a DOWNHILL Trend As COVID Cases Rise
(Ramon Tomey) Stocks for different Chinese companies continued on a downward trend as lockdowns imposed by Beijing paralyzed business operations. Forming part of China’s zero-COVID strategy, the lockdowns came in response to spikes in Wuhan coronavirus (COVID-19) infections.
Stocks Plunge 770 Points at Open — Following Putin’s Military Operations into Ukraine (VIDEO)
(Jim Hoft) On Wednesday night Russian President Vladimir Putin declared the start of Russian military operations in Ukraine.
Pelosi Faces Bipartisan Pushback As She Continues To Defend Lawmakers Who Trade Stocks
(Sophie Mann) House Speaker Nancy Pelosi (D-Calif.) has been facing wide pushback for her recent defense of members of Congress who continue to trade stocks while in office.
Feinstein Questioned By Law Enforcement Over Husband’s Stock Activity
Federal law enforcement officials have questioned Senator Dianne Feinstein (D-CA) over stock trades Richard Blum, the senator’s husband, made ahead of the coronavirus market crash. The senator’s husband reportedly sold between $1.5 million and $6 million in biotech stock from January 31 to February 18.
Updated: GOP Senator Caught Insider Trading After He Misled Americans About COVID-19
(Robert Faturechi and Derek Willis) Intelligence Chair Richard Burr’s selloff came around the time he was receiving daily briefings on the health threat.
“Biggest Lockdown in World History”: India Paralyzed as COVID-19 Crisis Unfolds
(Zero Hedge) Indian stocks crashed on Monday, suffering their worst single-day loss on record, as domestic and foreign investors were absolutely terrified that a nationwide lockdown triggered by a COVID-19 outbreak could crash the economy.
Axios Issues Critical “Clarification” To Rosenstein Resignation Report
(Zero Hedge) Update 5: Jonathan Swan, the Axios reporter who initially broke the news this morning that Rod Rosenstein had “verbally resigned” and subsequently triggered a drop in the Dow that erased billions of dollars in value, has issued an important “clarification” that – as fate would have it – changes the story from a major news-cycle-dominating revelation to a barely noteworthy tidbit.