Tag Archives: stimulus

InvestorPlace When Will It Be Safe to Buy Ethereum? Cryptocurrency prices have been all over the map, as volatility really shakes this group. First it was just Bitcoin (CCC:BTC-USD) that was showing signs of weakness. Then Ethereum (CCC:ETH-USD), Bitcoin Cash (CCC:BCH-USD) and others began to waver. It’s actually been pretty interesting to watch this group. Source: Shutterstock InvestorPlace – Stock Market News, Stock Advice & Trading Tips In February, most high-growth tech stocks peaked,… Source link

Billionaire bond investor Jeffrey Gundlach believes stimulus checks are distorting the labor market. The founder and CEO of $135 billion DoubleLine Capital added his thoughts to a vigorous debate over the brewing labor shortage that’s causing a mismatch between surging demand, and companies desperate to hire.  “We have this strange thing of 8 million job openings, and everywhere you go…people are saying, ‘I can’t fill them. No one will take them,'” Gundlach told Yahoo Finance in an… Source link

TipRanks 3 Monster Growth Stocks That Are Still Undervalued A lackluster jobs report didn’t derail the markets last week. New jobs in April totaled only 266,000, far below the 978K expected, and the official unemployment rate, which had been predicted to come in at 5.8% actually ticked up slightly to 6.1%. Even so, the tech-weighted NASDAQ gained 0.88% in Friday’s session, the broader S&P 500 was up 0.75% at the end of the day. These gains brought the S&P to a new record level, with a… Source link

Will Biden give you a fourth stimulus check? We’ll learn more this week Hoping for another round of stimulus checks? President Joe Biden is expected to reveal details this week of a new spending plan that could set aside more money for struggling Americans. As the IRS continues to distribute the pandemic’s third stimulus checks, for up to $1,400 each, the outcry is building for the government to provide Americans with a fourth payment — and possibly more. Biden feels the pressure for more… Source link

Bloomberg Europe’s Most Indebted Countries Aren’t Ready for Market Reality (Bloomberg) — Europe’s brightening economic outlook as Covid-19 vaccinations pick up is also accelerating the timetable toward a new danger.As investors get ready for growth to break out, they’re also preparing for the inevitable consequence: withdrawal of European Central Bank emergency funding. For the region’s most indebted economies — including perennial standout Italy — that would put them… Source link

Bloomberg FX Investors See Metals as a Way to Get In on Biden’s Trillions (Bloomberg) — As lawmakers wrangle over President Joe Biden’s latest trillion-dollar stimulus package, currency investors are already picking the winners of the infrastructure spending boom that the plan is likely to unleash.They’re focusing on countries that are major sources of the copper needed to bolster the electrical grid, the iron ore for steel rebar, and nickel for battery-powered vehicles. For those who… Source link

New monthly stimulus checks for families will start in July, IRS now says As part of President Joe Biden’s $1.9 trillion COVID relief package — the new law that has been giving most Americans $1,400 stimulus checks — working families can expect to receive up to $3,600 per child for 2021. Half of that will come in the form of cash, as monthly payments due to start this summer. They’ll be another kind of stimulus check, to help millions of parents deal with basic bills or pay down debt. The… Source link

Bloomberg Real Estate Investors Desperate to Spend $250 Billion Hoard (Bloomberg) — Investors with a record hoard of money to finance distressed commercial real estate are finding themselves in a tough spot: There’s nowhere to spend it.The massive wave of defaults expected after the coronavirus shuttered offices, hotels and stores last year has so far failed to materialize. Now, as the U.S. economy swings from pandemic lows to a vaccine- and stimulus-induced rebound, the window of… Source link

When Joe Biden took office, he bet voters would judge his presidency on one thing and one thing only: how well he handled the COVID-19 pandemic and its economic fallout. Now, with vaccination accelerating, optimism rising and another round of relief checks arriving in the mail, a new Yahoo News/YouGov poll shows that a clear and growing majority of Americans approve of Biden’s policies and leadership, providing the president with momentum that could bolster his next major legislative push… Source link

When Joe Biden took office, he bet voters would judge his presidency on one thing and one thing only: how well he handled the COVID-19 pandemic and its economic fallout. Now, with vaccination accelerating, optimism rising and another round of relief checks arriving in the mail, a new Yahoo News/YouGov poll shows that a clear and growing majority of Americans approve of Biden’s policies and leadership, providing the president with momentum that could bolster his next major legislative push,… Source link