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[Yahoo/Bloomberg] Stocks Drop, Bonds Rise Amid Stimulus Talks: Markets Wrap [Yahoo/Bloomberg] Pound Drops After Leaders Dinner Fails to Break Brexit Impasse [Yahoo/Bloomberg] U.S. Jobless Claims Jump More Than Forecast Amid New Shutdowns [Yahoo/Bloomberg] U.S. Inflation Measure Rose by More Than Forecast in November [Reuters] U.S. Senate to vote on spending stopgap as COVID-19 aid debate […]
[Yahoo/Bloomberg] Stocks Rise, Bonds Dip Amid Hope for Stimulus Deal: Markets Wrap [Reuters] U.S. House to take up one-week stopgap bill as COVID-19 talks drag on [CNBC] Mortgage rates set 14th record low of the year, driving even more refinance demand [CNBC] Covid live updates: UK regulator issues allergy warning for Pfizer vaccine; clinical trials […]
M2 Money supply up 23% annualized! Inflation? Most successful (buy low/sell high) investors are longly Tobin’s Q value indicator shows all-time overvaluation in stocks – CLICK HERE TO VIEW THE CHART The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick New Normal or Old Trap? Buy High Then Buy Higher December 9, 2020 […]
[Yahoo/Bloomberg] Stocks Drop as Virus Cases Rise: Markets Wrap [Reuters] Stocks take a breather, Brexit weighs down sterling [Yahoo/Bloomberg] McConnell Refuses to Endorse Bipartisan Stimulus, Risking Deal [Reuters] U.S. Congress to vote on stopgap funding bill as COVID-19 aid talks continue [AP] US regulators post positive review of Pfizer vaccine data [CNBC] Covid live updates: […]
[Yahoo/Bloomberg] Stocks Slide as Pound Drops on Brexit Deadlock: Markets Wrap [Reuters] Stocks ease as Sino-U.S. tensions heat up, fiscal deal awaited [Reuters] Dollar near 2018 lows as traders eye more US stimulus; sterling sheds 1% [Reuters] Oil prices stumble as coronavirus resurgence forces more lockdowns [Reuters] U.S. Congress closes in on COVID-19 aid bill […]
[Reuters] Most of California to be under stay-at-home orders as COVID-19 surges [CNN] Tens of millions in California under stay-at-home order starting Sunday night [Yahoo/Bloomberg] Year’s Final Stretch to Be a Lively One: U.S. Credit Week Ahead [Reuters] Explainer: The potential impact of Brexit without a trade deal [Reuters] Britain in ‘final throw of the […]
[AP] California on the brink: Virus rages and closures imminent [Reuters] Wall Street Week Ahead: After blazing energy rally, investors check the fuel gauge [Reuters] Federal student loan payments suspended until end of January [Reuters] EU’s Barnier says still looking for a way to do UK trade deal [Bloomberg] Red-Hot Stock Rally Powered by Companies […]
November non-farm payrolls gained 245,000, only about half the mean forecast – and down from October’s 610,000. It was the weakest job growth since April’s employment debacle. U.S. equities rallied on the disappointing news. A few Bloomberg headlines captured the aura: “Stocks Gain as Jobs Miss Boosts Stimulus Bets;” “Fed Case for Fresh Action Gets […]
