mixed handover from Asia Pacific
White House Chief of Staff Mark Meadows said Sunday that he was "not optimistic" that a deal over new economic stimulus measures could be reached imminently, as lawmakers continue to negotiate on Capitol Hill. U.S. Federal Reserve Neel Kashkari on Sunday suggested that Congress can afford to spend large sums on the fiscal relief effort, and advocated for a hard nationwide lockdown of four to six weeks in order to contain the virus.
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U.S. stock futures flat as earnings season, stimulus talks continueFutures held steady at the start of the overnight session Sunday evening as investors turned their attention back to Washington. Not really, but let's wait. We are just 10 minutes in. Do futures ever falter? It seems like they only ever go up. They haven’t heard what MoscowMitchMcTreason said apparently.
Source: CNBC - 🏆 12. / 72 Read more »
Here's why stocks will hit new all-time highs within months, according to Fundstrat's Tom Lee | Markets InsiderWith strong earnings reports from the FANG stocks on Thursday, coupled with the ongoing reopening of the US economy, earnings visibility is set ... fundstrat Not in Australia thanks to DictatorDan 🤦♂️ fundstrat Good article
Source: BusinessInsider - 🏆 729. / 51 Read more »