January 2021 Insight Guide: Market Indicators
The Economy Chances of another stimulus package increased as Democrats sweep the week’s senate runoff in Georgia. An additional stimulus would accelerate the nation’s return to pre-pandemic gross domestic product and unemployment levels. For the first time in eight months, the U.S. economy saw job loss in December as the pandemic surges. The Labor Department […]
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December 2020 Insight Guide: Market Indicators
The Economy The U.S. economy is seen as more resilient than many people think. According to Rick Rieder, BlackRock’s CIO of global fixed income, there is potential for gains in parts of tech, consumer, cyclical areas such as industrials, as well as housing and some leisure sectors, with the expectation of a vaccine expected to […]
Read MoreOctober 2020 Insight Guide: Market Indicators
The Economy The number of Americans filing new claims for unemployment fell last week, but still remained at recession levels. Personal income dropped in August, emphasizing the need for another relief package for businesses and the unemployed. The U.S. economy added 661,000 jobs in September, while the unemployment rate ticked down to 7.9%. While this […]
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