Record number of U.S. coproate giants lost money in pandemic

IMG Auteur
 
Published : October 16th, 2020
83 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

Bloomberg/Ryan Vlastelica/10-14-2020

“Forty-three of the 345 companies with a market valuation above $25 billion have posted cumulative losses over the trailing 12 months worth of reported results, according to an analysis of Bloomberg data as of Oct. 13. At the start of 2020, only 14 companies fit the bill.”

USAGOLD note:  Is it fair to ask why this economic fact of life is not reflected in the stock market indices?  And what happens when the reality finally does finally register on Wall Street?

Read the rest of the article at USA Gold
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
Why gold is better than cash - Alasdair Macleod - FinanceandEconomics  (13)
President Swamp - James Howard Kunstler  (4)
Half Day - Nap Time - Jesse - Le Cafe Américain
The Road not Taken (Robert Frost) - A Poem for Today - Robert Frost  (8)
Most commented articles More... 
TOP RATED
The Road not Taken (Robert Frost) - A Poem for Today - Robert Frost  (8)
Why gold is better than cash - Alasdair Macleod - FinanceandEconomics  (13)
The Myth Of The New American Gold Standard - Antal E. Fekete - Gold University  (8)
Why Investors Lose Money - Michael Kilbach - Investment Score  (4)
Most commented articles More... 
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS