Fast two-week market drop as V recovery fades… Pessimistic reports on the economy, employment and vaccine progress resulted in investors shedding positions to capture profits and protect ...
Week In Review – September 8 2020
Somebody kicked the sleeping bear… Last week’s volatility woke up many investors, especially those that have been late in joining the bull market. What it means— Actually, when one examines the ...
Week In Review – August 24 2020
Federal Reserve Sees Need for More Government Spending… The Federal Reserve released the minutes of its July meeting. The bankers discussed the need for more federal government action to mend the ...
Week In Review – August 17 2020
Claims Dropped Below 1 Million for First Time in 21 Weeks… 963,000 Americans filed for initial jobless claims last week, less than the 1.1 million expected. What it means— Is it really good news? ...
Week In Review – August 10 2020
The U.S. Economy Created 1.783 Million Jobs in July… The unemployment rate fell from 11.1% to 10.2%. What it means— Good news: we’re almost below double-digit unemployment! Of course, ...