Business COVID 19

Why Stimulus 3.0 + Impeachment 2.0 adds up to very little for investors

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. Stocks and futures are little changed on Thursday despite reports the incoming Biden administration is planning a fresh round of stimulus spending, this one carrying a $2 […]

Business COVID 19

Move over growth stocks. Here’s why investors are once again bullish on ETFs

Good morning. There’s little oxygen in these markets. Stocks are barely budging again on Wednesday as investors look ahead to the upcoming slate of earnings calls (Big Finance kick things off tomorrow) to see if this recovery trade has legs. In the meantime, all eyes are on Washington. Here’s the latest from the nation’s capital: […]

Business COVID 19

As an impeachment vote gains momentum, the markets tick higher

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. U.S. futures are slightly higher today, but political risk hangs over the markets with the Democrats determined to push President Trump out of office before next week’s Biden inauguration, […]

Business

Still waiting on your $300 unemployment benefit to start? What you need to know

The streak of seven consecutive months of job growth has come to an end, as the country netted 140,000 lost jobs in December. Those layoffs come at a time when more than 19 million Americans are still receiving unemployment benefits. The good news? Aid is on its way. The $900 billion stimulus package signed into […]

Business

Still waiting for your second stimulus check? How to track down your money

If you’ve been checking your bank account (or your mailbox) every day for your stimulus check to no avail, there’s a better way to see if your money is en route. The IRS has a portal called Get My Payment, which allows you to input your Social Security number, date of birth, and address, and […]

Business COVID 19

The cloud of impeachment hangs over the markets—even Bitcoin is sinking

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning. If you were expecting a bit of a reprieve in the news flow this week, forget it. House Speaker Nancy Pelosi is laying down an ultimatum to Vice President […]

Business COVID 19

Wall Street shakes off bad jobs report, gets Biden stimulus boost

Good evening, Bull Sheeters. This is Fortune finance reporter Rey Mashayekhi, filling in for Bernhard with a special PM edition of the newsletter. It’s been a long, eventful week, to say the least—but an altogether good one for markets globally, which head into the weekend on a mostly positive note. Let’s get into the day’s […]

Business COVID 19

Markets shrug off U.S. insurrection to rally on Biden’s confirmation

Good evening, Bull Sheeters. This is Fortune finance reporter Rey Mashayekhi, filling in for Bernard for the rest of this week with a special PM edition of the newsletter. Conventional thinking says that events like those that transpired at the U.S. Capitol on Wednesday are bad for the markets. They’re supposed to wreak the sort […]

Business COVID 19

Tech futures and the dollar sink as the Georgia vote points to victories for the Democrats

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here. Good morning, Bull Sheeters. All eyes are on Georgia. And that’s putting investors in a risk-off mood. At 2 a.m. Atlanta time, Democrat Raphael Warnock was called as the winner of […]

Business COVID 19

Why Goldman Sachs sees a very different kind of markets rally ahead for 2021

Good morning. It’s another day of choppy trade in stocks, oil, and in Bitcoin. U.S. futures have been up and down all morning as voters head to the polls in Georgia to determine control of the U.S. Senate and what that will ultimately mean for more stimulus spending and for American tax policy and its […]