Headlines discussed at LNWM’s Monday morning briefing: — The US federal budget deficit for fiscal 2020 (ending Oct. 1) is on course to be $3.3 trillion, more than
Headlines discussed at LNWM’s Monday morning briefing: — In major policy shift, Federal Reserve said it will allow for higher inflation — keeping interest ra
Headlines discussed at LNWM’s Monday morning briefing: — The S&P 500 and NASDAQ both hit new highs on strong performance by tech stocks, record low interest ra
Headlines discussed at LNWM’s Monday morning briefing: — US retail sales in July rose 1.2% vs 2.1% expected; levels are now back to where they were before Covid-19
Headlines discussed at LNWM’s Monday morning briefing: — A key index for US manufacturing activity rose to 54.2 in July vs. 52.6 in June, the 3rd straight month of
Headlines discussed at LNWM’s Monday morning briefing: — The US economy shrank by 9.5% in the 2nd quarter of 2020 (vs. 2nd qtr. 2019), the highest quarterly drop e
Headlines discussed at LNWM’s Monday morning briefing: — Congressional Republicans are proposing an additional $1 trillion in Covid-19 relief vs. $3.4 trillion for
Headlines discussed at LNWM’s Monday morning briefing: — Congress is debating additional Covid-19 relief of at least $1.3 trillion, as key support programs have ex
Headlines discussed at LNWM’s Monday morning briefing: — S&P 500 earnings are expected to plunge nearly 45% for 2nd quarter of 2020, ended in June; if accurate
