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Market News

Location American Market News for 15 December 2020
Unable To Bridge Gap On Toughest Issues, Bipartisan Negotiators 'Implore' Congress To Vote Now On Parts Of $908 Billion Stimulus Plan The centrist group touted their legislative language as a "gift" to leaders racing to pass more coronavirus relief before Christmas and said they'd keep working on unresolved state aid and Covid-19 lawsuit protection iss...
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Are Investor Expectations Too Low?

Forbes - 15 Dec 2020 23:49
Are Investor Expectations Too Low? Although we're not past the pandemic, the political chaos, or the pandemic recession, Commonwealth CIO Brad McMillan sees better times ahead.
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Signal Says E-Commerce Stock Could Climb Higher Com (JD) are down 0.9% at $76.26 at last check, continuing a steady trail downward from its Nov. 6 all-time high of $92.77.
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Airbnb Stock Down 25% Since IPO, Three Billionaire Cofounders Lose $5 Billion In 3 Trading Days Wall Street's still eyeing an additional 25% downside to current price levels.
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European Bank Dividend Ban Lifted, but Restrictions Remain

Wall Street Journal - 15 Dec 2020 21:36
European banks can resume dividends next year and are cautioned not to go overboard on staff bonuses given the economic crisis.
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Pelosi, McConnell, Schumer, And McCarthy Set For Pivotal Stimulus Meeting Ahead Of Friday Shutdown Deadline The leaders will need to grapple with state and local aid and Covid-19 lawsuit protections for businesses.
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Big Pharma Passes Its Annual Checkup

Wall Street Journal - 15 Dec 2020 19:51
Upbeat outlooks from AbbVie and Lilly don't depend on coronavirus drugs, which should have investors encouraged.
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These 5 Questions Show What People Say About Cancelling Student Loans Will your student loans get cancelled?
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Top SEC Markets Regulator to Step Down

Wall Street Journal - 15 Dec 2020 19:35
Brett Redfearn will leave his job as director of the SEC's trading and markets division at the end of December.
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Iran has circumvented U.S. sanctions and exported more oil to China and other countries in recent months, providing a lifeline for its struggling economy and undermining the Trump administration's so-called maximum press...
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Short-Term Oil-Demand Outlook in Rich Countries Is Bleak

Wall Street Journal - 15 Dec 2020 19:02
The International Energy Agency said it would be several months before Covid-19 vaccinations begin to lift oil demand.
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Top Stocks To Buy Today As Markets Rebound On Stimulus Hopes After stocks sharply declined from early gains on Monday, markets were set to recover on Tuesday. For investors looking to make the most of this market, our deep learning algorithms have crunched the data to give you a s...
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Europe's New Tech Regulations Will Bite, Eventually

Wall Street Journal - 15 Dec 2020 18:04
Investors have gotten used to shrugging off Europe's efforts to regulate U.S. tech giants. The point at which they will be forced to pay closer attention may not be quite here, but it is drawing inexorably nearer.
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These 3 Big Dividends (6%+ Yields) Will Pop On A New Stimulus Package Markets are betting on the federal government pumping $908 billion in stimulus into the economy.
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Zara's Owner Will Feel the Chill This Winter

Wall Street Journal - 15 Dec 2020 16:54
Zara's owner is having to shut stores again in the crucial run up to Christmas. The fashion retailer's fast-growing online business may not patch the hole as well as might be hoped.
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Warren Buffett On Stimulus Gridlock: 'Just Renew The PPP And Get Us To The End Of The Tunnel' The billionaire investor told CNBC that small businesses have become "collateral damage" in an "economic war."
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Big Week Ahead: Stimulus, Fed Policy, Quad Witching, And Tesla's Index Debut As we approach the end of the year, one theme that could define the end of 2020 is volatility. Keep an eye on it this week with stimulus plans, Fed policy, and quadruple witching.
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Nvidia's Chips Have Powered Nearly Every Major AI Breakthrough In the '50s, we imagined bionic men would soon be running factories. Within a decade, cyborgs would be doing our housework. We were promised a new breed of machines. 70 years later, what did we get?
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Is Diversification Dead? It Depends On What You Think Of Growth Stocks. It helps to be familiar with some of the popular debates that exist in investing circles. One such debate is the degree to which "diversification" among several investments is helpful to a long-term investor.
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U.S. stock futures ticked higher as investors welcomed signs of progress on stimulus.
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Three S&P 500 Sectors Trade Below Their Economic Book Value While S&P 500's PEBV Regains 2019 Highs Analyzing market cap, economic book value, and the price-to-economic book value (PEBV) ratio for the S&P 500 and each of its sectors.
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The Good And Bad: State Street Corp & MGM Resorts International See two of the featured stocks from this month's model portfolios.
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