Vaccines Pushing Markets Higher
Each day cases are rising, cities are starting to shut down non-essential businesses, and winter is now in the front-view window! We should expect the positive economic data we’ve been witnessing the past couple of months to subside, for the time being. Add in the fact that we won’t know the balance of political power […]
Vaccine News Propelling Markets! The popular consensus is that former Vice-President Biden is the president-elect and the republicans will hold the Senate leaving a split congress. Most market forecasters believe this is a perfect cocktail for more stock market gains. Now, both Pfizer and Moderna have vaccines that look to be over 90% effective. The […]
Election = Exhausting!
I don’t know how you feel, however I’m looking forward to this election being over. Hopefully shortly after November 3rd!! The markets don’t appear to care about the election for now, as the focus remains on stimulus. It doesn’t matter whether before or after the election, as long as it is passed, and it’s large. […]
Employment Update & Medicare News!
So how are you feeling? We’ve been at this pandemic issue for about 3 months! So much has been reported, seen and experienced! Certainly the events over the last few days don’t add to our naturally optimistic view of the short & longer term future. I wake up every day knowing that we are one […]
Markets Continue to Rise As China Phase 1 Trade Deal to be Signed!
On Wednesday January 15th, the United States and China are scheduled to ink a Phase 1 Trade Deal, that may increase global business confidence. The deal includes a roll back of a previous tariff increase from 15% to 7.5%, and the official cancellation of last December’s scheduled new 15% tariff. Also included, will be promises […]
Markets, Iran, and the Secure Act!
Markets Flat in the Short New Year’s Week & Geopolitical Tension Rising! Welcome to Year 2020! This promises to be an exciting year based upon what may transpire with our 2020 Presidential Election and the campaigning over the next 11 months. Typically I do not discuss politics in our blogs, however with the feeling that political […]
Jobs Report Leaves Markets Flat Last Week & December 15 Tariffs?
Jobs, Jobs, Jobs! Last Friday’s job report showed the US adding 266,000 jobs in November, bolstered by the return of formerly striking GM employees. The prior 2 months were revised adding an additional 41,000 jobs. The unemployment rate came in at 3.5%, which is an absolute WOW!!!!!! No wonder why restaurants, stores and the roads […]
Equities Continue to Melt Higher… and What Happens If We Get A Trade Deal?
No surprise hear, that with the talk of a possible trade deal, markets continue to rise. For the week, the Dow Jones Industrial Average moved higher by 1.24%, the S&P 500 .94%. The Nasdaq Composite increased .77% however the small cap Russell 2000 took a small step back, down .10%. Over the pond, stocks didn’t […]
Market Banking on a Trade Deal & Medicare Part B – 6.7% Premium Hike!
The US Stock Market continues to melt higher anticipating a Phase 1 Trade Deal with China. As we are unaware of the details, the market is anticipating with a trade deal, Corporate America will get off the sidelines and Corporate Earnings will again re-ignite. Argus research has reported that the overall decline in 3rd quarter […]