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Remember, “As the World Turns”?

May 20th, 2020 | Leave a comment.

It was a daytime drama, also known as a soap opera from the 70’s. It was always filled with a lot of drama and pandemonium, kind of like today’s news. As a matter of fact, I think today’s news has replaced the mantra of those daytime drama shows. Except now, instead of actors, journalists play […]

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No, not Basebell – Many States are Opening – Fed Says Reasonable to Return to Growth in 2nd Half

May 19th, 2020 | Leave a comment.

Chicago Federal Reserve leader Charles Evans said Monday the most probable outlook still holds for a modest economic recovery in the latter half of the year as the nation continues to navigate the coronavirus crisis. “For a baseline outlook, it’s reasonable to assume a legitimate return to growth in the second half of 2020 and […]

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Jobs Worst in History but A Big Light Ahead

May 15th, 2020 | Leave a comment.

The impact of the coronavirus-induced economic shutdown tore through the U.S. labor market in April at historic levels, slashing 20.5 million workers from nonfarm payrolls and sending the unemployment rate skyrocketing to 14.7%, the Labor Department reported Friday. Both numbers easily smashed post-World War II era records and help reflect the profound damage done through […]

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Third time’s a Charm?

May 14th, 2020 | Leave a comment.

For a third time this week, Futures have signaled advance. In the last tow sessions though, the market opened differently and at the final hour or so the market sagged. Will it happen again? Dow Jones futures rose 1.15% vs. fair value. S&P 500 futures climbed 1.35%. Nasdaq 100 futures advanced 1.30%. China trade data […]

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