Last week’s short squeeze in the markets left a few people rich and most people confused. Meanwhile, the GDP rise in Q4 brought us ever closer to normal after the downturn last year. Don’t be distracted by the headlines. Now’s the time to keep your focus.
Market Commentary: Biden Proposes New Stimulus Package as Signs Point to Economic Slowdown
Unsettling pictures from the Capitol have shown little effect in the markets as the S&P did well last week. Meanwhile, a dip in employment went against the predictions, but it probably won’t be a permanent loss. 2020 may be over, but its disorienting effects may be felt for a long time.
S&P 500 Finishes the Year at a Record High, Unemployment Numbers Decrease Slowly
The S&P showed a 70% recovery since its lowest point earlier in the year. A forward-looking market, relief legislation and just plain innovation all contributed to the recovery of a bleak market back in the spring. Our update looks at what we learned and where we find ourselves now.
U.S. stock markets remained calm as a fresh chapter opened in the coronavirus stimulus saga last week. Congress managed to cobble together a new stimulus package that was acceptable to both sides and pass it. The proposed package included money to help states distribute vaccines, an unemployment benefits extension, $600 checks for eligible Americans, aid for […]
Congress is at $900 billion, will they hear $1.4 trillion, $1.4 trillion, governments at $900 billion, who’ll go $1.4 trillion, $1.4 trillion…
Last week, there was speculation about whether some parts of the U.S. stock market have gotten frothy
The U.S. economy is like a semi-trailer truck. No one likes being stuck behind a semi at a stoplight because big trucks don’t go from zero to 60 in 2.5 seconds. Neither does the U.S. economy.