; Yellen, the former chair of the Federal Reserve, is likely to drive home that message in her hearing before the Senate finance committee at 10 a.m.
"Right now, with interest rates at historic lows, the smartest thing we can do is act big," Yellen said in prepared testimony.Goldman Sachs reported earnings on Tuesday that surpassed analysts' estimates and sent the stock up as much as 2.3% in early trading. The firm posted fourth-quarter revenue of $11.7 billion versus the $9.94 billion estimate from analysts surveyed by Bloomberg. Goldman also reported earnings per share of $12.08 versus the $7.31 estimate.
Tuesday is President Donald Trump's last full day in office. According to CFRA's Sam Stovall, the S&P 500 gained 11.8% in price from Election Day on November 3 through January 15, in what's on track to become the best election-to-Inauguration Day return for a first-term president since World War II.
Invest in Crypto and Bitcoin instead, fiat is most definitely not, the future.