Stocks in the Asia Pacific were up Thursday morning. They rose for a third consecutive session as Joe Biden was inaugurated. Their U.S. counterparts charted a path, closing at records, and which they followed. In the previous session, the S&P 500 posted its best first-day reaction to a presidential inauguration. This was so far …
Asian Stocks go Up, Optimism Ahead After Biden Inauguration Read More »
Since President Donald Trump started taking office, the S&P 500 has been up about 68%. Since late March, a 73% surge has been aided by massive fiscal and monetary stimulus. In addition, the percentage was lifted by expectations that a COVID-19 vaccine will spur economic reopening. Plunging Treasury yields after the Federal Reserve cut interest …
Trump Leaves Roaring Stocks, a Weaker Dollar, Tons of Debt Read More »
The House of Representatives voted for a second time to impeach outgoing President Donald Trump. He now accounts for half of all impeachment votes. Among the voters, ten Republican legislators voted for the motion, while another four abstained. The majority of GOP lawmakers opposed it, underlining the hold that President Trump’s electoral base still has …
Trump Impeached, Biden Stimulus, Tesla Recall and Blackrock Read More »
The Federal Bureau of Investigation warned of armed protests and potential violence across the U.S. over the next week. The week ahead will be the inauguration of Joe Biden as president. House Democrats are going to bring impeachment proceedings against President Donald Trump. This was after the Vice President delayed answering a call for him …
Pressure on Trump, Fed Speakers and Stocks Set to Bounce Read More »
On Monday, Asia Pacific stocks were mostly up, as the U.S. President-elect Joe Biden’s promise boosted investor sentiment. The promise of more stimulus measures to counter the economic impact of the coronavirus lifted investors’ hopes. United States shares rose to record levels on Friday after Biden said that he would lay out proposals. He promised …
Asian Stocks Rise Over Biden’s Promise of Trillions Read More »
President Donald Trump called on Georgia Secretary of State Brad Raffensberger to “find” enough votes to overturn the presidential election result. The telephone call lasted over an hour, according to reports. A recording of the call shows Trump repeating as fact, assertions of electoral fraud. Georgia’s courts have already thrown those out. Moreover, accusing Raffensberger …
Trump Leans on Georgia, Astra Vaccine, Stocks to Open High Read More »
President Donald Trump’s COVID-19 relief bill delay leaves millions of desperate Americans in limbo. On Tuesday, the president threatened not to sign the $892 billion relief bill, which Congress approved this week. It might delay aid for millions of families on the cusp of eviction and about to lose unemployment benefits. Trump’s apparent refusal to …
Trump’s COVID Bill Delay Leaves Great Uncertainties Read More »
President-elect Joe Biden and House Speaker Nancy Pelosi back the bipartisan $908 billion stimulus plan. Weekly jobless claims and Challenger job cuts survey are due. Democrats Back Bipartisan Stimulus Plan Top Democrats are backing a bipartisan proposal for a coronavirus relief package worth $908 billion. It’s putting pressure on Senate Leader Mitch McConnell to drop …
Stimulus Plan Gains Traction; Weekly Jobless Claims Due Read More »
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