“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...
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 be too low if the economy recovers...
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 Book out today. Chair Powell has been a vocal proponent of this...
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 since World War II by rallying so hard off the March lows? At the time we said...
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 betting to speak of, and little to do outside the home,”...
DataTrek’s Nick Colas was on Bloomberg Radio discussing why over 30 COVID-damaged companies may get axed from the S&P 500. Listen...
