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Market News

Location American Market News for 24 January 2021

Covid-19's Financial Toll Mounts on Homeowners

Wall Street Journal - 24 Jan 2021 15:00
Some 2.7 million homeowners are still pausing their monthly mortgage bills, and more might need help in the coming months.
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54 Dividend Hikes That Are Right Down The Pike Here are 54 secure payouts that are due for a raise between now and March.
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Options activity in January is building on 2020's record volumes in the latest sign of optimism.
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China Passes U.S. As No. 1 Destination For Foreign Investment As Coronavirus Upends Global Economy Foreign direct investment in the United States plummeted 49% in 2020 while investment in China rose 4%.
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The Recovery Will Be Weaker And It Will Take Longer Markets continue to ignore economic reality and continue to be focused on a rosy set of assumptions about a rapidly approaching post-virus period with demand so pent-up that GDP and corporate profits explode.
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Platforms, Presidents, & Politics - What The First Amendment Requires 'De-Platforming' by social media firms ironically has conservatives decrying corporate power and progressives defending corporate prerogative. This irony highlights an urgent need: that to rediscover the form of delibera...
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Three Red Flags Money Managers Are Watching For In 2021 The stock market reacted very positively to the new administration and with strong earnings reported so far some investor are thinking that the stock market only goes up. A recent survey of large money managers reveals t...
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Here Are The Biggest Risks To Derail An Economic Recovery In 2021, Goldman Sachs Warns The investment giant is expecting GDP growth of 6.6% in 2021, unless any of these three things happen.
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Kinder Morgan And The Emerging Pipeline Shortage On New Year's Day, Kinder Morgan Inc brought its Permian Highway Pipeline on line. The 430-mile conduit carries 2.1 billion cubic feet per day of natural gas from west Texas to the US Gulf Coast. Getting PHP up and runni...
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Bernie Sanders Warns Republicans 'Will Win' In 2022 Midterms If Democrats Don't Act Aggressively On Stimulus Now Sanders is prepared to use a special Senate budget process to pass relief legislation without any GOP buy-in.
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Best Bubble Stock For 2021: Zoom Or Tesla?

Forbes - 24 Jan 2021 17:16
Best Bubble Stock For 2021: Zoom Or Tesla? Two key scenarios to consider now are: (i) asset bubbles getting bigger and (ii) asset bubbles popping. Either way, Zoom looks like a better bubble than Tesla.
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Cryptocurrency Startup's Future Hinges on SEC Case

Wall Street Journal - 24 Jan 2021 17:00
Ripple, the San Francisco company headed by Brad Garlinghouse, says its signature product, known as XRP, is a currency that shouldn't be subject to securities laws.
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If It Looks Like a Bubble and Swims Like a Bubble...

Wall Street Journal - 24 Jan 2021 16:03
The similarities between the dot-com bubble and today's stock market have grown too strong to ignore, says columnist James Mackintosh.
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