Market News

[weatherweenie]

• December’s payroll and wage growth missed expectations, according to the Labor Department.
• Nonfarm payrolls increased by just 145,000 while the unemployment rate held steady at 3.5%.
• Economists surveyed by Dow Jones had been looking for job growth of 160,000. The jobless rate met expectations for staying at a 50-year low.

 

[weatherweenie]

[h=1]Apple warns on revenue guidance due to production delays, weak demand in China because of coronavirus[/h]
https://www.cnbc.com/2020/02/17/app...ne-supply-and-suppressed-demand-in-china.html

 

[weatherweenie]

[h=1]Walmart earnings miss as holiday season disappoints, outlook falls short of estimates[/h]
https://www.cnbc.com/2020/02/18/walmart-wmt-reports-q4-fiscal-2020-earnings.html

 

[weatherweenie]

Stock futures fall on report of first US coronavirus case of unknown origin

https://www.cnbc.com/2020/02/26/dow-futures-fall-after-microsoft-issues-coronavirus-warning.html

 

[weatherweenie]

The 10-year Treasury yield dropped 3 basis points to under 1.29% for the first time ever while the 30-year yield slipped a similar amount to 1.779%. The 10-year rate has fallen 20 basis points since Monday in a reflection of global demand for the relative safety and positive yield U.S. debt offers. Bond yields fall as prices rise.

 

[James48843]

10 year fell to 1.272 today!


Sent from my iPhone using TSP Talk Forums

 

[weatherweenie]

[h=1]The 10-year Treasury yield is threatening to break 1% for the first time ever after Fed cuts rates[/h]
https://www.cnbc.com/2020/03/03/tre...er-stimulus-hopes-lift-risk-on-sentiment.html

 

[weatherweenie]

France closes all theaters and restaurants.

Assuming this continues worldwide, we can expect a global depression.

https://www.yahoo.com/lifestyle/france-closes-theaters-restaurants-stores-191801213.html

 

[weatherweenie]

Surprising

[h=1]US consumer sentiment for April falls to 71.8, vs 67 expected[/h]

 

[James48843]

France closes all theaters and restaurants.

Assuming this continues worldwide, we can expect a global depression.

https://www.yahoo.com/lifestyle/france-closes-theaters-restaurants-stores-191801213.html

Are we winning yet?

 

[nasa1974]

Are we winning yet?

Didn't know it was a contest. :laugh:

 

[weatherweenie]

[h=1]Retail sales plunge a record 16.4% in April[/h]
https://www.cnbc.com/2020/05/15/us-retail-sales-april-2020.html

 

[tsptalk]

Retail sales plunge a record 16.4% in April

Yet the retail index is near all-time highs? :thinking:

I'm not 100% sure what this is because the retail ETF XRT is no where near this year's highs.

 

[tsptalk]

Consumer sentiment for May comes in at 73.7, vs 65 estimated

https://www.cnbc.com/2020/05/15/consumer-sentiment-may-2020.html

 

[tsptalk]

Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks

https://www.cnbc.com/2020/05/21/us-weekly-jobless-claims.html

 

[weatherweenie]

Might want to keep this in the back of our minds: [h=1]Biden tells donors: I’m going to get rid of most of Trump’s tax cuts ‘and a lot of you may not like that’[/h]https://www.cnbc.com/2020/06/29/biden-tells-donors-he-will-end-most-of-trumps-tax-cuts.html

 

[nnuut]

Might want to keep this in the back of our minds: Biden tells donors: I’m going to get rid of most of Trump’s tax cuts ‘and a lot of you may not like that’

https://www.cnbc.com/2020/06/29/biden-tells-donors-he-will-end-most-of-trumps-tax-cuts.html

Is Biden sucking up to the BIG Donors? NOT!

 

[nasa1974]

Taxes will have to be raised if not by the next President then the one after him. How do we start paying of the $20T(plus) National Debt or improve education, infrastructure and health care? What about all the money the government is throwing out to keep businesses (rich folks) afloat during this pandemic? There's reality and then there is reality. If not on the national level then on the local level. We don't like it but it's got to happen.

 

[weatherweenie]

[h=1]Private payrolls up 2.37 million in June; May revised up to 3.065 million gain from 2.76 million loss, ADP says[/h]

 

[weatherweenie]

[h=1]Moderna says its coronavirus vaccine trial produced ‘robust’ immune response in all patients[/h]