Jun 9, 2020
The market may have found its latest hot dose of speculation to rally around: the prospects that President Trump will win re-election come November. Despite the president’s botched response to the COVID-19 pandemic and social unrest now sweeping the nation — and seeing his approval numbers with Americans dip as a result — some corners […]
Jun 5, 2020
When the stock market was in free fall back in March, Fundstrat Global Advisors founder Tom Lee made the bold call of a 25% rally by April. He was right. After that, he predicted a 50% recovery of the losses caused by the coronavirus pandemic would signal an...
Jun 4, 2020
Stock futures rose slightly Thursday evening, drifting higher as investors awaited the Labor Department’s May jobs report and digested very early signs of recovery in the virus-stricken economy. U.S. equities closed out Thursday’s session mostly lower, with the...
Jun 2, 2020
The retail stock rally looks crazy overdone. Looters ransacking retail stores such as Target, Macy’s and Nordstrom (as seen below in one of many Twitter posts) amidst the George Floyd protests is far from retail’s biggest problem at the moment. No, that’s actually one...
May 22, 2020
Friday, May 22, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe It’s all about value. When COVID-19 first became part of the national conversation in the U.S., no industry was tied more closely to the pandemic...
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