By Jon D. Markman On July 7, 202006:28 AM Eastern
Stocks zipped higher Monday as fresh data showed signs that the economy continues to recover from the slowdown caused by the brutal COVID-19 pandemic.
The Dow raced out to a 375-point lead at...
“As chaos and riots sweep across the nation,” we noted in a July 3 tweet, “the Fed is pumping more and more freshly printed money into big, badly managed corporations.”
Indeed, “It reminds us of...
By Jon D. Markman On July 6, 202002:10 PM Eastern
Stocks are steaming higher Monday with momentum aided by signs of recovery in the embattled services sector, a key driver in the world’s largest economy as it continues to fight the impact of the...
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By Sean Brodrick On July 6, 202001:52 PM Eastern
Gold could be in for a significant summer rally. The second quarter wrapped up last week and gold saw its best quarterly performance in more than four years. The quarter ended in a wild whipsaw as...
By Martin D. Weiss, Ph.D. On July 6, 202010:29 AM Eastern
In the first wave of the coronavirus crisis, Americans suffered three devastating blows to their income:
Over 40 million were thrown out of work.
The interest they could earn on their savings...
By Jon D. Markman On July 6, 202006:28 AM Eastern
The third quarter started Wednesday and we are already off to a solid start. The summer months can often be a real snooze, but between the coronavirus, presidential election, high unemployment,...
By Juan M. Villaverde On July 3, 202002:38 PM Eastern
We’re seeing a notable move for the price of the asset most famous for its storehold-of-wealth characteristics, gold, amid a renewed sense that this crisis is just not like other that came...
By Jon D. Markman On July 3, 202006:28 AM Eastern
Stocks ripped higher on Thursday as investors applauded a stronger-than-expected jobs report for June on hopes that the economy is recovering from the pandemic despite the rising infection,...
By Juan M. Villaverde On July 2, 202004:45 PM Eastern
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Global Turmoil Intensifies.
Crypto in Neutral (for Now).
The sideways stall in crypto markets has now lasted...
By Jon D. Markman On July 2, 202003:15 PM Eastern
Stocks are rising again today as Wall Street headed into the long Independence Day weekend with a robust June jobs report. But equities were off session highs as COVID-19 cases continued to...