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."
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..."
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.
Over 3600 the market is possibly overextended, and unless there is some material news we would anticipate a reversion back into the 3500-3600 zone much like last week.
Large number of weapons & explosives uncovered in opposition group'splot to seize power and kill the prime minister after he singed a ceasefire with Azerbaijan...