March 9, 2020

Markets Are Open . . . Unfortunately

Hmmm.  The S&P 500 plummeted 7 percent in the first few minutes of trading this morning, triggering a circuit breaker that halts trading for 15 minutes. If it goes down 13 percent, trading will halt again. If it goes down 20 percent, trading will be halted for the rest of the day.

Long-term yields continue to plummet:

And oil is continuing to crash too. Welcome to Monday.

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BEFORE YOU CLICK AWAY!

December is make or break for us. A full one-third of our annual fundraising comes in this month alone. A strong December means our newsroom is on the beat and reporting at full strength. A weak one means budget cuts and hard choices ahead.

The December 31 deadline is closing in fast. To reach our $400,000 goal, we need readers who’ve never given before to join the ranks of MoJo donors. And we need our steadfast supporters to give again today—any amount.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do.

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