The accelerating spread of the virus may be changing that assessment, and last Thursday Powell indicated that this spread implies that Congress and the Fed will likely need “to do more.”
"If they let Yongcheng or Brilliance go under, no state firms in Henan or Liaoning will ever be able to tap the bond market again. The government won’t let that happen."
The former Treasury Secretary said that the U.S. should consider removing tariffs on goods from the Asian nation once it has extracted a "reciprocal and tangible benefit" from China.
Walmart Pet Care is a full-service pet care offering giving customers the ability to shop for additional services such as pet insurance and pet care services like dog-walking and pet sitting.
"Vaccine distribution will check off all of our bear market signposts, allowing the dollar to follow a similar path to that it experienced from the early to mid-2000s."
"This is the type of nonsense that actually gets discussed now. Because everybody thinks, well, it doesn’t matter, because the federal government is going to pay for it..."
One major development in the the US this weekend: All 50 states are officially back in expansionary territory after Vermont saw the virus's rate of spread climb back above 1...
"If he can keep the Biden count below 270, then the matter goes to the House of Representatives, where, of course, there is a Republican majority among the delegations of states..."
With the political juggernaut over, and earnings season mostly finished, the focus this week will be on economic data releases including retail sales and jobless claims, coupled with a barrage of speaking engagements by Fed officials.
Biden, who would have been poised to make changes at the agency anyway, has already hinted that Gary Gensler or Preet Bharara could be his first two choices to lead the SEC...
