Light Blue Wave Impact/Bonds & Inflation/Markets Race Higher/TAXES!
Light Blue Wave Impact The term “Light Blue Wave” has been quickly labeled by the Media. The Democrats hold a slim majority in both the House and Senate. Many are suggesting the slim majority will lead to some compromise on policy going forward. The most common belief is we will now receive more stimulus, perhaps […]
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 […]
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 […]
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 […]
Our Economic Reality…
Markets Take It on the Chin Not too many places to hide last week as stocks and bonds lost value. All US Stock Market Indexes fell over 5%, as did International Stocks. Our 10 Year US Treasury finished the week with the yield rising to .86%, the highest since June. Is the reason the upcoming […]
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 […]
The Markets/Fed/Economic Recovery
There’s enough going on to make your head spin! The passing of Supreme Court Justice Ginsberg, TikTok, continuing Covid-19 issues, the economic recovery, stimulus battle, Federal Reserve alteration, the election, and of course politics!!!! Certainly, enough to increase market volatility! First and foremost, we should honor the life of Supreme Court Justice Ruth Bader Ginsberg. […]
Correction, Change of Leadership, or Something else?
The market decided not to pay attention to the job reports released last week. All major stock markets fell with no regard to the unemployment rate dropping to 8.4%, which by far exceeded expectations. Last month, we added 1.4 million jobs. We have now recovered 22 million jobs lost because of Covid-19. For the week, […]
Housing “Cocktail” Drives Prices Higher?
The housing market has been one of the slowest sectors to recover from the doldrums of the 2008 great recession. Over the last couple of months, the numbers suggest a changing trend, at least for now. Add this to your cocktail shaker: record low interest rates, pent up demand from our shutdown, the desire to […]