More Stimulus Could Hurt Stocks–Here's The Indicator To Watch Before It Does

  • 📰 Forbes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

One key indicator could flash warning signs after President-elect Biden announces a lofty new stimulus plan Thursday.

With details of a massive new stimulus package just one day away, Treasury yields have soared to their highest levels since the start of the pandemic–a sign investors are bullish that the economy is set to recover, but also that inflation and stock market volatility could pick up; here's what could happen.... [+]

Most of the increase has been driven by expectations that inflation will rise as a result of the added relief, Goldman Sachs strategists said in a Monday note, adding that"investors have embraced the reflation trade" as the economy recovers amid unprecedented spending from both lawmakers and thePresident-elect Joe Biden is expected to unveil that new stimulus package Thursday, and Vital Knowledge Media Founder Adam Crisafulli says that if he"puts out a huge headline number"...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Let’s get away from stock market being leading indicator of economic strength. It’s not Economic fundamentals are a mess If market takes a short term hit due to stimulus, so be it The $2,000 is a given. What else in the package will feed fundamentals? Let’s take a look.

QuidProJoe promised $2k checks for the votes. 📫👀

fuck u Forbes for publishing this. its not about the stock market its about the people

And? Stocks need to hurt. Fuck the rich. They’re not the economy.

I'm more of a people over profit type person.🤷🏽‍♀️

F*ck your stocks. People need relief.

Ireland Ireland Latest News, Ireland Ireland Headlines