In this week’s recap: A COVID-19 vaccine spurs a stock market rally, even as more cases are reported and some areas renew lockdowns. Weekly Economic Update Presented by Pinecrest Financial, November 16, 2020 THE WEEK ON WALL STREET News of a COVID-19 vaccine ignited...
Many folks are feeling as much anxiety about the end of this contentious presidential election as they were feeling during the long months of campaigning. It’s impossible to predict with 100% accuracy what a new president and a new Congress are going to do. That...
In this week’s recap: Markets react positively to the election, seeing promise in a divided government; unemployment rate falls. Weekly Economic Update Presented by Pinecrest Financial, November 9, 2020 THE WEEK ON WALL STREET Stocks soared last week as investors...
Usually, as we approach the end of the year, people start talking about “turning the page” and “putting last year in the rearview mirror.” But it’s likely that 2020 is going to stick with all of us a bit longer than a typical year might. And that’s not necessarily a...
In this week’s recap: With no fiscal stimulus anticipated and election around the corner, stocks slumped through a difficult week. Weekly Economic Update Presented by Pinecrest Financial, November 2, 2020 THE WEEK ON WALL STREET Stock prices dropped last week...
