March 17, 2021
“The US economy created 379,000 jobs in February. Some 355,000 of these jobs were within the leisure and hospitality sector…” https://finance.yahoo.com/news/us-economy-creates-379-000-110000672.html America’s service economy is huge and much of it was shut down artificially. Everyone can expect some “good” job… Continue Reading…
March 16, 2021
““I believe a well-diversified portfolio of non-debt and non-dollar assets along with a short cash position is preferable to a traditional stock/bond mix that is heavily skewed to U.S. dollars. I also believe that assets in the mature developed reserve… Continue Reading…
March 15, 2021
“Economists at Goldman Sachs raised their GDP growth expectations for the U.S. economy to 8% for 2021 in a note to clients on Sunday night… What they’re saying: “We have raised our GDP forecast to reflect the latest fiscal policy news… Continue Reading…
March 15, 2021
“* Futures up: Dow 0.4%, S&P 0.2%, Nasdaq 0.2% March 15 (Reuters) – U.S. stock index futures climbed on Monday on optimism over a stimulus-fueled snapback in economic activity ahead of the Federal Reserve’s policy-setting meeting this week. The Dow… Continue Reading…
March 15, 2021
“President Joe Biden is planning the first major federal tax hike since 1993 to help pay for the long-term economic program designed as a follow-up to his pandemic-relief bill, according to people familiar with the matter. Unlike the $1.9 trillion… Continue Reading…
March 12, 2021
“A Fidelity survey conducted in early February among 2,007 U.S. adults found that 79% of women were experiencing financial stress, up from 67% in October. Even as they were reporting feelings of financial stress, 71% of women surveyed said they planned to… Continue Reading…
March 11, 2021
“Hiring actually began to pick up in February, according to last Friday’s jobs report, which showed that employers added 379,000 jobs, the most since October, while the unemployment rate fell to 6.2%, from 6.3%. While the economy still has 9.5… Continue Reading…
March 10, 2021
“Shares of General Electric Co. dropped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split… The stock GE, -6.40% swung to a loss of 2.0% in premarket trading, reversing… Continue Reading…
March 10, 2021
“The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Monday for the 27th consecutive day and 47th time in 48 days, increasing a half-cent to $3.813, its highest amount since Dec. 3, 2019. The… Continue Reading…
March 9, 2021
“After plunging into recession for the first time in nearly a quarter of a century, India’s economyshouldcome roaring back to life in 2021.India’s gross domestic product is projected to expand by 12.6% during the country’s fiscal year starting in April, according toa… Continue Reading…
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