Trump Threatens To Veto Stimulus Bill… Congress took almost six months to develop and agree to a new round of stimulus spending. President Trump put it in jeopardy in four minutes. What it means— ...
Week In Review – November 30 2020
Biden Selects Yellen for Treasury, Markets Soar… Investors cheered not only the third potential vaccine for COVID-19, but also Biden’s pick for Treasury Secretary, ex-Federal Reserve Chair Janet ...
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 ...
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 ...
Week In Review – August 3 2020
Second-Quarter GDP Drops 32.9%… The number is annualized, so in the second quarter, GDP fell 8.2%. What it means— The best that can be said is that GDP fell less than expected last month. ...