Initial Jobless Claims Jump, Up 137,000 to 853,000… Initial jobless claims were expected to remain almost unchanged, increasing from 716,000 to 720,000. Instead, they shot up by more than ...
Week In Review – December 7 2020
The U.S. Economy Added 245,000 Jobs in November, Just Over Half of the Expected 432,000… The unemployment rate dipped from 6.9% to 6.7%. What it means— The slightly lower unemployment rate had more ...
Dow 30K: Yellin’ for Yellen
The market likes President-Elect Joe Biden’s selection of Janet Yellen to serve as Treasury Secretary. Many Wall Streeters feared that Biden would appoint Elizabeth Warren, while many progressives ...
Week In Review – November 23 2020
Another Week, Another Vaccine… Following last week’s announcement of a COVID-19 vaccine by Pfizer with BioNTech and Moderna announced this week that it also has a vaccine that is more than 90% ...
Can A Vaccine Restore Air Travel?
Can a Vaccine Restore Air Travel? Vaccine can be a powerful word. It’s worth 14 points in Scrabble (42 on a triple word square) and, last week, it was worth a whole lot more than that to financial ...