Tag Archives: week

President Biden has a brief window of time to boast about the economy. He should make the most of it before the story turns against him. Real GDP growth in 2021 rang in at 5.7%, the most since 1984. That’s adjusted for inflation, so it’s as good as it sounds. GDP shrank by 3.4% in 2020, President Trump’s last year in office, so the economy has gifted Biden an enviable talking point. He can say without exaggeration that the economy rebounded sharply once he took office. The economy would… Source link

With just over 11 minutes remaining in the Week 17 game between the Kansas City Chiefs and Cincinnati Bengals, CBS broadcaster Tony Romo had a premonition. Romo and Jim Nantz had just been talking about “The Catch,” the famous Joe Montana-to-Dwight Clark touchdown in the 1981 season’s NFC championship, vaulting the San Francisco 49ers into their first Super Bowl to face this same Bengals franchise, allowing for a natural tie-in to this game. With the Bengals holding a slim edge over the… Source link

First-time unemployment filings are expected to have ticked slightly lower last week after notching a three-month high in the previous reading amid renewed virus-related disruptions. The Labor Department is set to release its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here are the main metrics expected from the print, based on consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 22: 265,000 expected, 286,000 during prior week Continuing claims,… Source link

Stocks renewed declines Monday as investors looked ahead to a busy week of corporate earnings results, economic data and a Federal Reserve monetary policy-setting meeting after an already volatile stretch of trading. The S&P 500 and Nasdaq each dropped more than 2%, while the Dow fell by more than 1.5%. During intraday trading, the S&P 500 was off by more than 10% from its record closing high from Jan. 3, putting it on track to enter a correction. And the Nasdaq Composite fell further into a… Source link

After a volatile week of trading in markets last week, investors will be anxiously awaiting fresh commentary from the Federal Reserve and major corporate earnings results from tech giants Microsoft and Apple.  The Federal Reserve’s January monetary policy meeting is set to begin Tuesday, with a new monetary statement and press conference with Fed Chair Jerome Powell to follow on Wednesday.  This month’s meeting is expected to produce virtually no immediate changes to monetary policy, but… Source link

Earnings season is heating up this week. Even with one fewer trading day as markets are closed in observance of Martin Luther King Jr. Day Monday, investors will come back from the holiday weekend to a prolific lineup of fourth quarter reports from market heavyweights such as Goldman Sachs (GS), Proctor & Gamble (PG), Netflix (NFLX) and United Airlines (UAL). The period kicked off in earnest last week with lackluster results from major U.S. banks. JPMorgan (JPM), Wells Fargo (WFC), and… Source link

The last week of Joe Biden’s first year as president has probably been his worst so far. Inflation hit 7%, the highest level since 1982. Retail sales fell by the most in 10 months. The Supreme Court blocked Biden’s vaccine mandate for most employers. Stocks are starting 2022 in a slump, as investors fret about inflation and rising interest rates. Hospitals are filling with COVID patients once again and Americans are in the foulest mood since Biden took office last January. Biden is about… Source link

Initial unemployment claims unexpectedly jumped to total 230,000 last week, but still remained low compared to their pandemic-era averages.   The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 8: 230,000 vs. 200,000 expected and an unrevised 207,000 during prior week Continuing claims, week ended Jan. 2: 1.559… Source link

Inflation data will be in focus this week, with investors set to receive the Bureau of Labor Statistics’ (BLS) latest Consumer Price Index (CPI) as the Federal Reserve’s next monetary policy moves remain in focus. Quarterly earnings season also ramps up as some of the big banks report results.  Market participants are bracing for another historically hot reading on inflation in the latest CPI data, due out on Wednesday. On a year-over-year basis, consumer prices likely surged by 7.1% in… Source link

Whether you are playing in the biggest tournament of the week on Yahoo! or prefer to play in smaller GPPs, there are some general positional strategies that you can implement in any size tournament. These concepts include stacking, finding pivots off of popular players, and looking for leverage in other spots. While it’s important to implement these into your lineup-building approach, the foundation of any tournament lineup is a solid core, usually players that you would use in cash… Source link