In my view, FRB Chair Powell offered no new insight into the economy. Powell warned of a weak recovery without sufficient government aid and providing to much stimulus would not be a problem. He further stated ...
September’s unemployment data was essentially ignored as Trump’s positive COVID test dominated airways with many suggesting this is the proverbial October surprise. It is likely the ...
To write the incredibly obvious portfolio performance has suffered if one does not own the mega sized technology concerns. Bloomberg writes financial and energy stocks, once dominant in the S & P 500, are ...
Most are searching for a catalyst for the decline in the NASDAQ. Yesterday’s prevailing reason was the Fed’s statement echoing well known COVID concerns. I ask is this not oxymoronic given that ...
Both technology stocks and gold advanced yesterday. Treasuries fell nominally in price. Inflationary pressures were greater than expected and some are beginning to...
COVID is a major electoral issue. There is a long-lived axiom of “truth is the first virtue lost in war and politics.” Today it appears that this axiom is on major ...
Non-farm payrolls rose by 1.763 million vs. the consensus view of 1.5 million. Private sector jobs rose by 1.462 million vs. the 1.2 million estimate. Prior month revisions were ...
Today the all-inclusive BLS Employment report is released. The employment data released this week was contradictory. The ADP survey had a large negative miss. Weekly unemployment and ...
In my view the outcome of the Fed meeting was largely as expected. The Chairman stated we are in the most severe economic downturn “in our lifetime” and ...
Gold is around an all time high. Some might ask why? Simplistically speaking, the government is hell bent to increase the deficit to levels as a percentage of GDP last experienced at ...