Big cap tech is moving into a stock pickers' market, Loup Ventures' Gene Munster says'There's going to be a fracturing of the performance within FAANG,' long-time tech analyst Gene Munster warnsPayPal, Square initiated as buys at Loop Capital.
Traders pick sides
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I don't believe a deal will be reached. The Democrats don't want to help the American people, they have an agenda to destroy the U.S. and that's the only thing that matters to them.
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Fed chief Powell slated for first of week's three congressional appearancesU.S. Federal Reserve Chair Jerome Powell on Tuesday makes the first of three appearances on Capitol Hill this week to address lawmakers' questions and concerns about the raft of emergency measures the central bank has taken to blunt the hit to the economy delivered by the...
Source: Reuters - 🏆 2. / 97 Read more »
Watch Jerome Powell, Steven Mnuchin testify before Congress on pandemic responseWhat should be included in a new coronavirus package to support the economy? “I think the next package should be much more targeted, it should be focused on kids and jobs and areas of the economy that are still hard hit,” Treasury Sec. Mnuchin says. Does anyone else wonder why at least one of these committee members doesn’t ask Mnuchin about USPS? 'Hahahaha, I meant we're gonna steal it again, just like last time,' said Mnuchin. $$ for states!
Source: CNBC - 🏆 12. / 72 Read more »
Powell pledges the Fed's economic aid 'for as long as it takes'“We remain committed to using our tools to do what we can, for as long as it takes, to ensure that the recovery will be as strong as possible and to limit lasting damage to the economy,” Fed Chair Powell says before the House Financial Services Committee. Just imagine if a democratic administration said they would but into the economy for as long as it takes? Tools? QE to infinity With no leadership at the top, a potus who cares nothing for his people but only for himself, dying & misery will become the norm and this virus will never go away. Only when we follow scientist guidelines will we win against this Covid-19.
Source: CNBC - 🏆 12. / 72 Read more »
Treasury yields muted with pandemic, stimulus and Powell testimony on focusU.S. government debt prices were slightly higher in the early hours of Tuesday as concerns about new lockdown measures in Europe and a likely delay to a new federal stimulus package continue to weigh on sentiment. Covid is a hoax
Source: CNBC - 🏆 12. / 72 Read more »
Stocks finish higher as Powell, Mnuchin repeat calls for stimulusU.S. stocks closed higher, snapping a four-day losing streak for two of the three major indexes, as investors attempted to look past rising coronavirus case...
Source: MarketWatch - 🏆 3. / 97 Read more »
Mnuchin, Powell Urge More Spending to Help Economy Recover From PandemicTreasury Secretary Mnuchin and Fed Chairman Powell told lawmakers that emergency loan programs to support the coronavirus-stricken economy were largely working as intended and that more government spending would be needed to sustain the recovery 🤘👌Never Use Economy Against Us🤘👌 Meanwhile.... deep in Russia state USA ... 🤮
Source: WSJ - 🏆 98. / 63 Read more »