AN UGLY DAY FOR A MULTITUDE OF REASONS
Equities stumbled the most in four months. There were numerous catalysts. Rising COVID cases. Reality setting in Biden could win thus ushering in an unprecedented wave of ...
Equities stumbled the most in four months. There were numerous catalysts. Rising COVID cases. Reality setting in Biden could win thus ushering in an unprecedented wave of ...
Markets advanced Friday as the Markit composite PMI rose further above 50 in August and adds to the evidence that the rebound in economic activity has been resilient to both the ...
Perhaps the most imperative question of the day is whether or not a COVID vaccine is at hand. And if so, will it turbo-charge the economic recovery already underway?...
June’s retail sales greatly exceeded expectations, rising 7.5% from May. A year over year measure of retail sales climbed 1.1% in June according to the Commerce Department. This is ...
Equities rose after better than estimated economic data offset concern over an increase in coronavirus cases. US pending home sales posted a record gain, exceeding ...
Equities declined on Covid nervousness. In some regions, cases are rising dramatically. New York, New Jersey and Connecticut are requiring visitors to self-quarantine if traveling from...
The St. Louis Fed stated yesterday “the US labor market has continued to heal at a relatively rapid rate through early June, making up almost half of the decline that was recorded in ...
Equities led by energy and the financials climbed to a fifteen-week high on reopening optimism. Several times I have commented about he massive surge in M-2 and gargantuan stimulus stating ...
Dr. Fauci, head of the National Institute of Allergy and Infectious Diseases said it may be time to begin to “seriously” look at reopening in a cautious way. Fauci further stated “I don’t...
An ad hoc opening of the economy has commenced. Unfortunately, the reopening is riddled with politics. Many have been eviscerated or worse when questioning whether the...