Add the potential of not getting another massive new fiscal stimulus plan as beginning to weigh on the minds of otherwise exuberant investors. “I think you are looking at a 10% to 15% range minimum [if there isn’t a new stimulus plan],” warned EvercoreISI senior managing director Dennis DeBusschere on Yahoo Finance’s The First Trade. […]
The housing market is recovering and so is the luxury or high-end of the market, according to at least one new report. Potential homebuyers with deep pockets have been sitting on the sidelines due to coronavirus quarantines and lockdowns. But as the country reopens,...
The number of jobs lost due to the coronavirus shutdown continue to mount, with the latest weekly total of Americans applying for unemployment benefits coming in near 1.5 million, yet again. The latest swath of applications brings the total amount of jobless claims to...
Wednesday, June 24, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe New home sales data impress in May. A day after existing home sales data for May disappointed, new home sales data topped expectations....
The stock market is back in major rally mode again after a brief downdraft. So, instead of trying to fight the tape as they say on Wall Street trading floors, why not back up the truck and search for additions to the portfolio. Market experts we talk with are divided...
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