Federal Reserve Chairman Jerome Powell arrived to speak at the “Fed Listons” event last year. Eric Bardat / Agency France-Press / Getty Images Federal Reserve Chairman Jerome Powell and his colleagues at the central bank faced skepticism and opposition in an attempt to guide markets about the future path of …
Read More »Why it might be time to align your investment strategy with a disaster preparedness plan
Whenever there is a surprise in stocks, customers’ stocks usually start pouring. But recently, financial advisers have been getting more and more customers from worrying about the devastation of West Coast wildfires, which come amid the worst public-health crisis of a century this year. “We always get a lot of …
Read More »Stock Futures Powell Comments, Wait ahead of economic data
U.S. Federal Reserve Chairman Jerome Powell’s scheduled visit to the U.S. on Tuesday outlined data on the economic outlook and trade deficit. There was a slight change in stock futures. Futures linked to the S&P 500 became a wave between small gains and losses. Nasdaq-100 contracts fell 0.2%. Both indices …
Read More »Stimulus hopes European stocks, Dow futures will rise
U.S. President Trump waved from behind a car in a car outside Walter Reed Medical Center in Bethesda, Maryland, on May 4, 2020. Alex Edelman / Agence France-Presse / Getty Images U.S. European stocks rallied on Monday in anticipation of the last economic stimulus in the economy ahead of the …
Read More »Stock market leaders appear to be the most sensitive to Biden’s tax plan
Major U.S. Technologi shares are sensitive to the rise in corporate-tax, which could lead to a Democratic sweep in November, potentially reducing one of the strongest drivers of market recovery this year. Bofa Global Research estimates that the tax proposals will reduce the expected revenue of companies in the S&P …
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