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Old pilots, bold pilots… no old bold pilots How long can the Fed be the buyer of last resort? Q&A program in next few weeks – submit questions to [email protected]
[Yahoo/Bloomberg] U.S. Stocks Rebound After Four-Day Slump: Markets Wrap [Reuters] Wall Street rises on stimulus hopes; Fed meet in focus [Reuters] Dollar heavy amid stimulus progress, pound buoyed by Brexit hopes [Yahoo/Bloomberg] Gold Climbs as Stimulus, Fed and Fresh Lockdowns Support Advance [CNBC] FDA staff endorses emergency use of Moderna’s Covid vaccine in a critical […]
[Yahoo/Bloomberg] Stocks Set Bullish Tone as Pound Surges: Markets Wrap [Reuters] Dollar falls; sterling up 1.5% as Brexit deal hopes lift risk appetite [Reuters] Oil prices edge up on hope vaccines will improve fuel demand [Reuters] U.S. Congress in sprint to fund government, approve COVID-19 emergency aid [CNBC] Covid live updates: Pfizer vaccine ships out, […]
Market Shift – Rotation Into Value? Negotiations around a fiscal stimulus package drag on, and COVID cases continue to rise – as expected into winter. The financial markets have been experiencing a great deal of consequent churn, and, under the surface, some sector and style rotation. Big tech, the best game in town, has started […]
[Reuters] Historic U.S. COVID vaccine campaign launches with convoy of trucks [CNBC] Coronavirus live updates: Vaccine doses are shipping to all 50 states with delivery expected Monday [Reuters] Leaders to push Brexit trade talks beyond Sunday deadline [Yahoo/Bloomberg] Merkel Orders Germany Into Hard Lockdown as Infections Swell [Yahoo Finance] Americans ‘increasingly believe that their own […]
[Reuters] U.S. FDA authorizes Pfizer COVID-19 vaccine for emergency use [Yahoo/Bloomberg] IPO Mania Sweeps Over Robinhood Crowd and Stokes a 111% Rally [CNBC] Texas governor says companies moving headquarters to the state has turned into a ‘tidal wave’ [Yahoo/Finance] From Elon Musk to Oracle — the coronavirus accelerates California exodus [Yahoo/Bloomberg] Longest Arctic Sailing Season […]
Airbnb traded to $165 in early Thursday trading, more than doubling its Wednesday evening $68 IPO price – valuing the company north of $100 billion. After pricing its IPO shares at $102, DoorDash saw its stock price quickly trade up to $184, placing a $59 billion valuation on the food delivery business. December 11 – […]
[Yahoo/Bloomberg] Stocks Slump, Dollar Rebounds Amid Risk-Off Mood: Markets Wrap [Reuters] Dollar ends three weeks of decline as Brexit sours sentiment [CNN] Congress stumbles on a Covid-19 aid package as vaccine approval passes a key hurdle [CNBC] FDA chief says agency will quickly approve Pfizer’s Covid vaccine for emergency use [CNBC] Covid live updates: FDA […]
