" he thinks "there's enough stimulus in the pipeline for now to kind of get us through year-end without causing a risk of a double-dip recession, and ultimately, no matter who wins the election, by the first quarter we'll have an additional stimulus that's probably still required to make sure that the recovery continues."
Wall Street was coming off a strong performance last week. The Dow posted its biggest one-week gain since August, while the S&P 500 and"Markets last week appeared to price perceived election clarity, and with it, a growing likelihood of additional fiscal stimulus – at least in the pipeline. This was reflected from small cap outperformance to rising Treasury yields," Julian Emanuel, BTIG's chief equity and derivatives strategist, said in a note to clients Sunday.
Investors are also bracing for the third-quarter earnings season. Several major banks and airlines are slated to report their results this week, including
Source: News Formal (newsformal.com)
It’s going to give back some of this 💯
Just rigged 7 pts off highs, one program market, it is pretty hilarious
AntonioSabatoJr · 2m Proclamation on Columbus Day, 2020 | The White House
Partly because Apple is up 5%
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Week Ahead: U.S. earnings improvement expected, but still a weak quarterWhile good business news has been in short supply, investors may take slight comfort in coming weeks from U.S. corporate earnings that are likely to be bad, but not as bad as they have been. Such animosity, but interesting how they have time to tell people like you, these people are just playing politics, and journalists like you perpetuate them, there’s no honesty here
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: voguemagazine - 🏆 715. / 51 Read more »
Source: Newsweek - 🏆 468. / 52 Read more »
Source: CNBC - 🏆 12. / 72 Read more »