“Contacts cited challenges in bringing employees back to work, including… generous unemployment insurance benefits.” That’s the topic getting the most attention from the Federal Reserve’s latest Beige Book out yesterday. There’s…
Month: May 2020
Yahoo Finance: "Why one strategist doesn't think the stock market rally is done"
Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “Nick Colas at DataTrek also highlighted in an email Wednesday morning that earnings estimates for the third and fourth quarter could…
Beige Book: Through the Valley, Huge Mountain Ahead
If you think the recent rally in US equities might encourage the Federal Reserve to slow or even start to unwind its accomodative policies, just read the central bank’s Beige…
US Small Caps As Catch-Up Trade
We’ll re-ask a question we first posed to you a few weeks ago: what are the odds that the US stock market has seriously flubbed its biggest, most important call…
CNBC: "Gamblers pivot to stock trading during lockdowns - Barstool’s Portnoy revives old E-Trade account"
Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “The rush of retail investors into U.S. equities is at least partly a function of a world with no casinos, no sports…
DataTrek's Nick Colas on Bloomberg Radio
DataTrek’s Nick Colas was on Bloomberg Radio discussing why over 30 COVID-damaged companies may get axed from the S&P 500. Listen here!