Economy and Trends

Looking Back at My Prediction for the Market in 2020

We’re not quite halfway through the year just yet, but while doing some research for another article earlier today, I couldn’t help but think about an article I wrote for Bull Market Rodeo at the beginning of the year. I wrote the piece back in December and pointed out what I thought would be the top two sectors for 2020. ...

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Some Economic Numbers are Showing Surprising Improvement

Investors and economists have been dealing with some of the worst economic reports in history over the last few months, but we are starting to see improvement in some of the numbers. Last Thursday the initial jobless claims came in at 2.44 million and that was down from 2.69 million. The previous week was originally reported at 2.98 million and ...

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The Airlines Are Flying Again

After being almost completely shut down for more than a month, many daily flights are taking place with more than 70% capacity. There are now about 500 flights per day flying with this many people on board. This brings up the number of passengers to about 9% of what it was a year ago. Although the numbers are still low, ...

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Future Global Markets Depend on Monetary Decisions Made Now

Since the March lows, most of the main world equity indices have rallied sharply even as the GDPs for those same countries have shown economic declines. I have expressed before that investors apparently believe that the economies will return to normal once the lockdowns are lifted and that the growth rates will return rather quickly. I still question whether this ...

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Hope for the Economy

On Friday, the House passed what may be considered the next stimulus package. While earlier comments from the Senate reveal that it is unlikely to pass the Senate in its current condition, both sides agree that another package is needed soon. This stimulus package is designed to help almost everybody including individuals, essential workers, state and local governments, and much ...

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Fed: Dire News for the Economy

The stock market took a last-minute dive after the Chairman of the Federal Reserve, Jerome Powell, made a public statement today. He said that the future of the economy is “highly uncertain” because there are some “significant downside risks.” He also stated that the economy is now worse than it had been at any time since the Second World War ...

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Records of ‘Worsts’ Continue to Fall in April

Some have called the current recession self-inflicted and you could say that is partially true. We didn’t have to shut down the economy, but we chose to in the interest of public health. Now people are losing their patience with the economic shutdown and protests are popping up across the country. Most states are either re-opening in stages and those ...

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Coronavirus and the American Economy

Coronavirus continues to have a strong impact on the American economy. The Fed is keeping its interest rates near zero in order to provide continued support during the slowdown. It has indicated that it plans to keep its rates low until the U.S. has passed this economic storm and people are working once again. The Economy In the past quarter, ...

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