Friday, December 25th is Christmas Day. Trading times for many products will change in observance of the holiday, from December…
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Economic Stimulus Package Hopes Fail To Rally Markets
The S&P 500 closed down for the third consecutive day (Dec. 22), despite Congress’s long-overdue approval of an economic stimulus…
Continue ReadingPeloton Pops Post Precor
Peloton’s Annus Mirabilis 2020 has been a miserable year for hundreds of millions suffering from social isolation and economic hardship…
Continue ReadingTrump suggests vetoing coronavirus relief bill without $2000 stimulus checks
Congress passed the coronavirus stimulus package late Monday night. Treasury Secretary Steve Mnuchin has already said that people would start…
Continue ReadingNew Home Sales decrease to 841,000 Annual Rate in November
The Census Bureau reports New Home Sales in November were at a seasonally adjusted annual rate (SAAR) of 841 thousand.…
Continue ReadingLawmakers urge IRS to send coronavirus stimulus checks to domestic violence survivors
Whether or not you get another stimulus check depends on Democrats and Republicans reaching a deal. However, some lawmakers want…
Continue ReadingPersonal Income decreased 1.1% in November, Spending decreased 0.4%
The BEA released the Personal Income and Outlays report for November: Personal income decreased $221.8 billion (1.1 percent) in November…
Continue ReadingWeekly Initial Unemployment Claims decreased to 803,000
The DOL reported: In the week ending December 19, the advance figure for seasonally adjusted initial claims was 803,000, a…
Continue ReadingAnimal Spirits: Never Stop Buying Lottery Tickets
Today’s Animal Spirits is brought to you by YCharts Mention Animal Spirits to receive 20% off when you initially sign up for the…
Continue ReadingWednesday: New Home Sales, Unemployment Claims, Personal Income & Outlays and more
Wednesday:• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.…
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