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 – 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 – July 21 2020
Initial Jobless Claims Stuck at 1.3 Million… Initial jobless claims eased by just a few thousand people, as another 1.3 million filed for jobless benefits for the first time. What it means— There ...
Week In Review – June 15 2020
The Federal Reserve Expects to Hold Rates at Zero for Years… At their regularly scheduled meeting, the bankers unanimously agreed to hold rates at zero while buying more bonds. What it ...
Week In Review – May 18 2020
Another 2.98 Million People Filed for Initial Jobless Claims… That brings the seven-week total to 36 million people who filed a claim since the shutdown began. What it means—It’s great to see the ...