Initial Jobless Claims Jump Again, From 862,000 to 885,000… Initial jobless claims moved the wrong direction again, missing forecasts of a 44,000 drop and instead rising by 23,000. What it means— ...
Week In Review – November 9 2020
Joe Biden Edges Closer to Victory, but the GOP Likely Held the Senate… If current trends hold, it will be the third time in 50 years that an incumbent lost his bid for reelection, but this time voters ...
Week In Review – November 2 2020
Soaring COVID-19 Cases Smack the Markets… As the U.S. recorded a seven-day average of more than 70,000 new infections and France and Germany announced new restrictions, global equity markets ...
Market Update – October 2020
Ehhhh, what’s up, doc? October 12, 2020 At the End of Q3 2020 – Investors were surprised to learn that President Trump was infected with Covid-19. The stock market dropped for only a day ...
Week In Review – September 28 2020
The Central Bankers Talked and the Markets Fell… Several Federal Reserve Bank presidents and governors as well as Fed Chair Powell spoke this week. Their comments centered around the need for more ...