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Tag Archives: recession

First Bank Collapses Amid Coronavirus Woes: More in Store?

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The First State Bank based in Barboursville, WV has become the first bank to fail since the coronavirus pandemic spread across the United States. The Federal Deposit Insurance Corporation (FDIC) made this announcement on Friday.brbrThe FDIC noted “The First State Bank has experienced …

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Should You Buy Ford Stock Now?

Ford Motor’s (NYSE: F) shares have had a rough 2020. Thanks to some out-of-character missteps, and a whole lot of concern about the outbreak of novel coronavirus, the Blue Oval’s once-high-flying shares have fallen 38% since the beginning of the year. F data by YCharts. Whenever a good company’s shares …

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Revisiting Harry Markopolos’ Call That ‘GE Is One Recession Away From Chapter 11’

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”Seven months after Bernie Madoff whistleblower Harry Markopolos said strongGeneral Electric Company/strong (NYSE: a class=ticker href=http://finance.yahoo. com/q?s=GEGE/a) would a href=https://www.cnn. com/2019/08/16/investing/ge-harry-markopolos-interview/index.html rel=nofollow noopener target=_blanknot survive/a the next U. S. recession, the a href=https://www. benzinga.com/coronavirus-covid-19/live/?utm_campaign=partner_feedamp;utm_source=yahooFinanceamp;utm_medium=partner_feedamp;utm_content=site rel=nofollow noopener target=_blankcoronavirus (COVID-19)/a pandemic has provided a …

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