With the S&P 500 hitting all-time highs twice so far this week, the firm's chief equity market strategist is optimistic the economic recovery will continue to support the historic comeback off the March 23 low." on Wednesday. "We're moving in the right direction.""The rebound, I think, has been very powerful, and it has been very broad," he said. "We've seen V-bottoms in autos and housing.
"We spend a lot of time looking at the initial weekly jobless claims," Orlando added. "The numbers have actually gotten better the last couple of weeks."
TradingNation When this stuff gets reported, it’s almost all over.
TradingNation Mike Miami 30 mil. Out of work says a lot is going good
TradingNation
TradingNation It’s a casino, not the economy.
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Banks, oil stocks drag Europe lower despite record highs for Wall StreetEuropean shares ended lower on Tuesday, with banking and energy stocks leading the losses on worries about escalating U.S.-China tensions even as a tech-powered rally saw New York's S&P 500 hit an all-time high. Is Wall Street aware of the ongoing Pandemic? We need to find a way to put it very delicately... Listen to The Tony DUrso Show: Create Your Reboot Plan with Sheila Mac Sheila Mac is the “Lifestyle Reboot Specialist.' She is the parent of 6 children, all grown up, who has a passion for helping others succeed. For over 25 years Sheila has been a leader
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Asian stocks at seven-month highs after Wall Street cracks more recordsAsian shares climbed to a seven-month peak on Wednesday tracking the S&P 500, which scaled all-time highs driven by ever expanding policy stimulus aimed at cushioning the blow to economies from the coronavirus pandemic. The economy is still booming. Hmmmm. Well alright. Thank You Donald Dumb Dumb. Couldn't get a deal done. Lamo.
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US stocks slide from record levels after Fed minutes reveal concern for economic recovery - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Kudlow will be our in the morning with the pump 'U.S. Economy Drops 32.9% In Worst GDP Report Ever' can someone tell me how stock market is not some shady ponzi scheme with retirement plans as hostages? coincidence?
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