Stock Market Predictions for 2021
The major brokerage firms have made their US Stock Market Predictions for 2021. Year end 2021 targets for the S&P 500 range from a low of 3800 by Bank of America and Citi to a high of 4700 by Goldman Sachs and 4800 by J.P. Morgan. The S&P 500 finished 2020 at 3756, so all […]
Stimulus 2.0 is Here! / China- Important? / Happy New Year!
Stimulus 2.0 is here China- Important? Happy New Year Finally, after months of debate, Stimulus 2.0 is ready to go. Stimulus checks should be in process rather quickly. The stimulus includes $600 checks to eligible individuals, expansion of the Paycheck Protection Program for small businesses, Medical Expense Deduction hurdle made permanent, Charitable Contributions, Flexible Spending […]
Stocks Down-No Stimulus Yet & Info on Biden Income Tax Platform (GA)
Stocks Down – No Stimulus Yet Biden Income Tax Platform (Georgia) Stocks took a breather last week as the stimulus stalemate overshadowed the vaccine distribution plan that is creating optimism. It appears most of the stimulus debate is in the details, and not the size. Let’s hope this gets done ASAP, as we currently have […]
Stock Market & Economy/Market for the Week/A Year from Now
The stock market and the economy don’t always move parallel. Going back to Stock Market/Economy-101, you’ll find it’s suggested, the stock market precedes the economy by 6 months. The current level of the market suggests robust corporate profits and economic growth 6 months, June 2021. We’ve been told we’re approaching the absolute worst of the […]
Stock Market and Biden/Employment Data will Matter/2021 Tax Chart
Stock Market and Biden Employment Data will Matter 2021 Tax Chart I think it’s safe to say, President-Elect Joe Biden will be our next president, barring something even more significant than a completed “Hail-Mary” pass. Stock markets certainly can be influenced by politics however, as of now, the markets have no issue with the changing […]
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!
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 […]
WOW! And Not the Election
WOW! And Not the Election! Futures this morning are SOARING, as Pfizer and BioNTech announced a Covid-19 vaccine efficacy rate above 90% after the 2nd of 2 doses. It’s suggested that protection is achieved 28 days after the initial vaccination. Let’s all hope this is the beginning of the end of this mess! It’s no […]
Show us the Money!
So much speculation about what happens to the stock markets if we have a “blue” sweep, meaning Biden wins, and the Democrats take over the Senate and keep the majority in the house. It was first reported that the increased tax plans that Biden has released would slow economic growth and cause a significant stock […]
