Negotiations on financial stimulus for the American economy remain in the spotlight of investors. Over the weekend, Congressional Democratic leader Nancy Pelosi and Treasury Secretary Stephen Mnuchin were unable to reach a compromise. However, Pelosi noted that she is optimistic about the deal. Also, the …
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At the beginning of this week, the cryptocurrency market tried to grow but now it has moved to a correction, during which most currencies have lost a significant part of the gained positions. Bitcoin is currently trading at 11,330.00 (+0.1%), Ethereum is at 365.00 (–1.3%), …
Investors remain focused on the situation around the package of financial stimulus for the economy. So far, an agreement is still not possible. Steven Mnuchin noted that the positions of the parties diverge too much, and even if the incentives are agreed upon, it is …
Stock Market Drops On Stalled Stimulus and Jobless Claims Read More »
There are now 19 days to the election and we are no closer to figuring out who will win. The recent national polls are pointing to a Biden win, but a President is elected by electoral votes, not popular votes. In 2016 Hillary Clinton won …
Stock Market Election Guide: Polls Signal Trump Win – Oct. 14 Update Read More »
Markets were mixed throughout the day before strengthening sharply at the close of trading. The biggest driver behind today’s sell-off was President Donald Trump, who said his team had instructed him not to negotiate a stimulus package after his election. This has unsettled markets and …