Tag Archives: stimulus

The Guardian How California went from a leader in the Covid fight to a state in despair California was the first state to lock down and avoided overwhelming its hospitals. Nine months later, its leaders are struggling as conditions worsenAt the San Joaquin hospital in California’s Central Valley, nurses cover infectious Covid-19 patients with clear, tent-like barriers – or, when those aren’t available, white sheets – as they’re wheeled through the ICU.“It’s for everybody’s… Source link

The bulls should pop the icy cold Dom Perignon a few days early because dawdling President Trump signed the $900 billion COVID-19 relief bill, suggest the often optimistic forecasters at Goldman Sachs. On Monday, Goldman’s chief economist Jan Hatzius lifted his first quarter U.S. GDP forecast to 5% from 3% in large part from the effects of new stimulus checks to U.S. households. Hatzius left his expectation for sequentially improved GDP from from the second quarter through the fourth… Source link

The Guardian Alternative facts, witch-hunt, bigly: the Trump era in 32 words and phrases His rally speeches and manic Twitter feed conjured new slogans and insults or revived incendiary wordsDonald Trump not only changed much about campaigning, governing and the ways of Washington, even the language of American politics has altered during the Republican’s tenure. Trump’s rollicking rally speeches and manic Twitter feed conjured new slogans and insults or revived incendiary words with long… Source link

Your stimulus check is getting ripped in half — here’s how to make up the rest Yes, at long last, you’re getting another “stimulus check,” a second direct payment from the government to provide some COVID financial relief. But here’s the catch: Congress wants to send only half as much cash as last time: $600, not $1,200. Critics say that’s not nearly enough, as the virus spirals out of control and leads to new lockdowns and layoffs. Millions are still out of work from the spring, when the… Source link

The stock market has been looking a little top heavy for weeks on end after an early winter melt-up. But absent President Trump signing off on a new stimulus bill that features his demands for fatter stimulus checks to households reeling from the COVID-19 pandemic, the math suggests stocks would be too overvalued to not justify a correction. Long-time market strategist Hugh Johnson of Hugh Johnson Advisors told Yahoo Finance Live he thought stocks were about 8.5% overvalued before Trump threw… Source link

TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link

TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

TipRanks Goldman Sachs Says These 3 Stocks Could Surge Over 30% From Current Levels After a true annus horribilus, we’re all ready for better times. The US equity strategy team at Goldman Sachs, led by David Kostin, sees those better time ahead, and in the near-term. The team is predicting a 25% gain for the S&P 500 within the next 24 months – or to put it in absolute numbers, they believe the index will hit 4,600 by December 2022. Kostin lays out four clear reasons for believing that… Source link

Democratic and Republican leaders reached an agreement on a new coronavirus relief deal worth around $900 billion that includes a second round of stimulus checks and additional unemployment benefits. The bill will soon be put for a vote in the House and the Senate. “We’ve agreed to a package of nearly $900 billion, with targeted policies that help struggling Americans who’ve already waited entirely too long,” Senate Majority Leader Mitch McConnell (R-KY) said from the Senate floor on… Source link