Did you know you can ask the Internal Revenue Service to trace your stimulus payment if you never receive it? You can—that’s the good news. The bad news? It probably won’t get […]
With 66 S&P 500 companies, representing 22% of S&P 500 earnings, having already reported Q4 earnings, there was some good, some not so good, and some downright bizarre news this earnings season. […]
Despite the government’s best efforts to deliver two rounds of direct payments for coronavirus relief to all eligible Americans over the past 10 months, many did not receive the full amount that […]
Two weeks ago, investing icon Jeremy Grantham turned apocalyptic and warned that the “Bursting Of This “Great, Epic Bubble” Will Be “Most Important Investing Event Of Your Lives.” Since then the market […]
Global shares slid from record highs, and US equity futures stumbled on Friday, halting a rally fueled by stimulus hopes, amid renewed investor concern about tighter, extended coronavirus restrictions after Hong Kong […]
“Crashes and panics often are precipitated by the revelation of some misfeasance, malfeasance, or malversation (the corruption of officials) that occurred during the mania. One inference is that swindles are a response to […]
First it was Citi, then Goldman. Now, it’s Bank of America’s turn to warn that the market’s excess euphoria is about to cause some pain. In a note from BofA’s Savita Subramanian, the equity […]
In economics, a real value refers to any value that has been adjusted for inflation. A nominal value is a value that has not been adjusted for inflation. Inflation here refers to […]
Joe Biden is launching his presidency with an approval-ratings elixir: $1,400 stimulus checks for all. What stands between that proposed check and your bank account? A lot. Will you get one? And […]
Concluding the big banks flurry of Q4 updates, this morning Morgan Stanley reported results for the final quarter of 2020 and it will probably not be a big surprise that, like Goldman […]
