Any incremental move higher in stocks will now be contingent on a credible plan of just how these multiple vaccines are actually administered to a skeptical population.
This is the biggest change to Apple store's revenue structure since the iPhone maker launched the service in 2008, one which could have an adverse impact on its Services revenue over the short-term.
"People can see light at the end of the tunnel now and the markets clearly responded to that, but it’s not going to go up in a straight line because we’ve still got to get through the winter."
Two US long-range tactical B-1B bombers entered China’s air defence identification zone (ADIZ) on Tuesday in an apparent show of force, just as the Chinese navy was conducting a series of simultaneous massive drills.
Real Vision senior editor, Ash Bennington, welcomes Dave Floyd of Aspen Trading Group back to the Daily Briefing to evaluate price action in the S&P 500, the U…
The bank expects to "go deeper" in 2021 in what could "eventually amount to one of the most significant staff reductions at the bank as it looks to deliver on a promise to rein in costs."
"It is not surprising that our funds, which depend on models that are trained on historical data, should perform abnormally (either for the better or for the worse) in a year that is anything but normal by historical standards."
...but it's not a free pass for market bulls. Now that the cat is out of the bag, it's going to take more cuts, more often for the Fed to have an effect...