By Jon D. Markman On January 8, 202103:15 PM Eastern
Stocks were swirling in all directions Friday as COVID-19 stimulus checks were distributed and job indicators showed that while payrolls unexpectedly declined, there were other positive signs for...
By Sean Brodrick On January 8, 202112:30 PM Eastern
Man, what a wild week.
Importantly for the economy, President-elect Biden now has a razor-thin majority in the Senate to work with. That means he can (probably) proceed with his stimulus...
We finally closed the books on 2020, a year marred by enormous market turmoil and an enormous health crisis. Yet we can’t seem to get away from 2020’s shadow of chaos so far in 2021.
On...
By Jon D. Markman On January 8, 202109:28 AM Eastern
The end of the political risk is nearing, and stocks are shooting higher again.
The direction of the next major stock market move was never really in doubt. Jerome Powell, the Federal Reserve...
By Jon D. Markman On January 8, 202106:28 AM Eastern
Stocks rose fiercely and broadly to new highs on Thursday as investors shrugged off the violent intrusion of the U.S. Capitol a day earlier and anticipated that lawmakers will approve higher...
By Jon D. Markman On January 7, 202103:21 PM Eastern
Stocks are blasting higher Thursday as market participants anticipate the approval of a higher stimulus payment following this week’s Democratic victory in Georgia’s Senate runoff election, while...
By Jon D. Markman On January 7, 202106:28 AM Eastern
Stocks shot in all directions in a wild Wednesday session as investors digested the surprising results of two Senate runoff elections in Georgia and the storming of the U.S. Capitol by a violent...
By Kelly Green On January 7, 202106:00 AM Eastern
As I was scrolling through the news yesterday, I saw that Ford Motor Company (NYSE: F) announced its fourth-quarter results. I previously held it in my personal portfolio but haven’t looked at it...
By Mike Larson On January 6, 202104:51 PM Eastern
So, which markets and assets “won” 2020?
That’s a trick question; the answer is “all of them.”
As this enlightening Wall Street Journal story notes, one of the most trying years in recent...
By Jon D. Markman On January 6, 202112:40 PM Eastern
Stocks are zooming higher Wednesday after preliminary results of a runoff vote in Georgia showed the Democrats are likely to gain control of the Senate, which could lead to a bigger government...