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Vaccines, The Fed and Oil – Oh Yeah!

May 27th, 2020 | Leave a comment.

Stock Market Cheers Vaccine Trial Monday’s rally came after hopeful news on a vacine for the coronavirus front came out Moderna shares soared 20% to a record high after the biotech reported positive results from an initial-phase trial of its coronavirus vaccine. The biotech tested the vaccine in healthy adults and, in all age groups, […]

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Pummeled by Powell

May 21st, 2020 | Leave a comment.

So far states that are easing coronavirus shutdowns aren’t seeing a big spike in Covid-19 infections, though that might be too early to tell. Of course, states are not flipping a switch from complete shutdowns to fully open. Also, businesses and individuals continue to follow social distancing and wearing masks to a great extent. Cases […]

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