Business COVID 19

Move over Bitcoin—SPAC mania has overtaken the markets

Good morning. U.S. futures are nudging higher ahead of today’s jobless-claims data dump. Why should investors care about something as mundane as jobs? Answer: because the U.S. labor market is a “long way” from healthy, says Fed Chairman Jerome Powell, and that weakness will hamstring the central bank’s monetary policy going forward. But never mind […]

Business COVID 19

Investors are now pricing in inflation to get 2021. This is why it is Very Likely to be a mirage

The narrative of U.S. inflation in 2021 could well amount to this:” It is a mirage. Americans are most likely to find prices leap across a number of sectors annually, thanks in part to COVID-19 vaccines which could potentially turbocharge requirement such pandemic casualties for example traveling and tickets to athletic occasions. With costs too climbing for […]

Business

Why it Seems as Though we Are in a Downturn –Although we are Not

You would never know it in the headlines, however we are not in a recession. In just the last week, Time proclaimed”The Recession Is Not More — and It Is Going to Get Much more challenging Some.” USA Today stated”Efforts to raise economy from recession pose threat of fiscal catastrophe.” So it is jarring to […]