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0 0.00045656888483057 -0.000114142221207521 0.000684853327245774 -0.00285355553019062 0.00182627553932212 0.00445154662709737 0.0231137997945441
Stock impact report

In an unusual moment, the stock market's ability to sniff out the future is severely impaired [CNBC]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: CNBC
A masked pedestrian carrying water bottles walks past the Charging Bull statue in lower Manhattan on April 02, 2020 in New York City.Bruce Bennett | Getty ImagesTom Petty sang it 40 years ago and investors are living it now: The waiting is the hardest part.Waiting for enough data on coronavirus-infection trajectories to form a trackable metric for a shutdown timetable. Waiting to gauge how much erosion of corporate balance sheets occurs as the commercial halt carries on – which will also dictate how many further layoffs and defaults will test the economy. Waiting for a sense of whether the stock market has priced in anything like a plausible path for business ahead.With even month-old economic numbers of scant relevance in a post-lockdown world, attention has turned to how the market's dramatic repricing stacks up to recessions past, and how the market reacts to its own extremes in terms of technical behavior.The S&P 500's heartbreaker of a 34% decline in about a month, culminating tw Show less Read more
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