The Week on Wall Street A jump in COVID-19 cases dampened investor enthusiasm last week, sending stock prices lower on worries that rising infections could derail the economic recovery. The Dow Jones Industrial Average …
U.S. Banks Flush with $2 Trillion in Cash
An "eye-popping" $2 trillion in cash has been stashed in deposit accounts at U.S. banks since the COVID-19 pandemic first hit the country in January.[1] This surge of money into banks has no precedent in history. Several …
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U.S. Economy Gains Momentum
The Week on Wall Street Stocks moved higher last week on news of more Federal Reserve market support and diminished concerns that new COVID-19 cases might lead to another economic shutdown. The Dow Jones Industrial Average …
The Rise of Real-Time Data
In economics, one might classify statistics that measure overall business activity as either leading indicators, lagging indicators, or coincident indicators. Leading indicators attempt to point toward a future activity while …
Markets React to Fed Report
The Week on Wall Street Investor sentiment turned negative last week, amid an increasing number of COVID-19 cases in states where reopening has been underway as well as a subdued economic forecast from the Federal …
Don’t Let the Headlines Get You Down
Despite June's warmer temperatures, the recent impact of COVID-19 can make the news feel a bit depressing. These days, it can seem like there's an awful lot to worry about. Here's a sampling of the types of headlines I've seen …
Recovery Optimism Builds
The Week on Wall Street A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions with China. The Dow Jones …
Market Timing and Your Investment Strategy
Hindsight is 20/20. It's only human to imagine what it might have been like to turn left instead of right on some fateful day. However, that sort of daydreaming is unhelpful when investing, especially when it leads you to try and …
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