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Market News

Location American Market News for 3 December 2020

What About Gen Z

Forbes - 3 Dec 2020 22:30
What About Gen Z Gen Z may never own a car and 9/11 is something they learned about in history class, not something that shaped their world viewpoint like the millennial generation.
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Dollar Stores Start Moving Upmarket

Wall Street Journal - 3 Dec 2020 21:22
Dollar General and Dollar Tree are raising their sights to higher-margin items such as party goods and home accessories.
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OPEC Plus Agrees To Ramp Up Production By 500,000 Barrels Per Day Starting January, Ending Bitter Standoff In Bid To Save Oil Prices Oil prices have jumped 20% in the past month alone--after a historic plunge this spring.
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Snowflake's Cloud is Particularly Dense

Wall Street Journal - 3 Dec 2020 19:56
Fast-growing company's business model based on cloud-based data makes forecasting a challenge, and its nosebleed valuation risky.
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After Sweeping The Elections, What Comes Next For Cannabis? An assessment of cannabis legislation under the Biden administration and incoming Congress.
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Bitcoin Volatility Reached 5-Month High In November A measure of bitcoin price volatility hit its highest since June last month, as the digital currency's price pushed higher. When will bitcoin break through $20,000?
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The Boeing 737 MAX Question Is About Price, Not Sales

Wall Street Journal - 3 Dec 2020 21:01
Ryanair's decision to buy another 75 units of the recently ungrounded plane is good news for Boeing, but the deal is probably happening at a heavily discounted price.
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Top Stocks To Buy Today As Jobless Claims Improve And Markets Rise Markets rose on Thursday after jobless claims from last week came in at much better than expected figures. For investors looking to make the most of this market, our deep learning algorithms have crunched the data to giv...
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Top Consumer Stocks For December

Forbes - 3 Dec 2020 23:44
Top Consumer Stocks For December While all the buzz of late has been vaccine news, covid cases, and stimulus, people are forgetting that it's the holiday season. This is the best time of year for consumer stocks, and we had our AI identify the top 10 co...
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Airline Cards Lose Luster as Coronavirus Persists

Wall Street Journal - 3 Dec 2020 12:30
People don't need flight upgrades, airport lounges and other perks of airline cards in a pandemic. Airlines and banks are scrambling to keep the cards at the top of customers' wallets.
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McConnell Says Stimulus Compromise Is 'Within Reach' As Schumer Criticizes Partisan Posturing A $908 billion bipartisan proposal now has the support of Democratic leadership and a number of Republicans, but McConnell is not on board.
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2 UK Shares You Should Buy In December And Hold For Years These top stocks could soar in value in December. Here's why I'd buy them today and hold them for years.
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DoorDash: The Most Ridiculous IPO Of 2020

Forbes - 3 Dec 2020 19:21
DoorDash: The Most Ridiculous IPO Of 2020 At a valuation of $25.4 billion, DoorDash earns an unattractive rating and would be the most ridiculous IPO of 2020.
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What's Next? Market In Estimates for tomorrow's payrolls report are all over the map. It would be positive to see continued gains in business-to-business, health care, and transportation. That would show that despite hopefully temporary shutdo...
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Many Companies Turn 401(k) Matches Back On

Wall Street Journal - 3 Dec 2020 12:30
More employers are reversing course as their businesses rebound and a Covid-19 vaccine is on the horizon.
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OPEC, Allies Near Agreement for Small Production Increase

Wall Street Journal - 3 Dec 2020 12:12
The oil cartel and its allies are closing in on an agreement to modestly boost their collective oil output by as much as 500,000 barrels a day starting next month, people familiar with the matter said.
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What The Libor Saga Reveals About Overpaid Lawyers And Bankers From the bankers who kept using Libor despite its infirmities to the lawyers who failed to craft adequate fallback language given those infirmities, the Libor saga raises serious questions about the role of the dealmaker...
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Top Dividend Stocks For December

Forbes - 3 Dec 2020 18:25
Top Dividend Stocks For December The stress of the election is finally over, and investors are euphoric about the vaccine. However, not all is well. As markets seem to see-saw based on sentiment, quality companies that pay solid dividends are always a g...
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We Can't Wait Any Longer For More Coronavirus Relief The Federal Reserve acted quickly last March, cutting rates and launching a massive asset purchase program. Congress helped with a giant fiscal aid package.
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Top Technology Stocks For December

Forbes - 3 Dec 2020 17:54
Top Technology Stocks For December Tech stocks have been the biggest winners of the COVID world, surging ever since markets bottomed in March, and leading the recovery. However, sentiment is certainly mixed right now. Despite the uncertainty, our AI has i...
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Hopes Dim For Omnibus Spending Bill Before Looming Government Shutdown Deadline Meanwhile, coronavirus stimulus talks are heating up again.
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Resiliency And Stakeholder Capitalism - A Two Punch Approach To Healing The Economy When the pandemic descended upon us, America was a country woefully mired in the ill effects of shareholder primacy, weakened by an ineffective government, and drained of its once robust resilience. Our recovery rests wi...
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