Yellen, “Spend Big Now, Pay Later”

Yellen, “Spend Big Now, Pay Later”

#Yellen #spend $DIA $SPY $QQQ $RUTX $VXX ‘Schoolmarm’ Janet Yellen, Mr. Biden’s nominee for Treasury Secretary, urged lawmakers Tuesday to “act big” on the next virus aid/relief/stimulus package, saying that the benefits outweigh the costs of a higher federal debt burden. Ms. Yellen said she wants to help Americans endure the final months of the […]

Trust in This Recovery, Key Indicators Flashing Green

Trust in This Recovery, Key Indicators Flashing Green

#recovery #trust #risk $DIA $SPY #QQQ $RUTX $VXX “Keep the Faith, Trust this Recovery”– Paul Ebeling This V-shaped economic recovery, coming Covid vaccines and continued Trump Fed policy support offer continuing favorable environment for stocks and credit into next year and further. In our outlook for Y 2021 investors overweight stocks and corporate bonds against […]

US Homebuilder Sentiment Climbs to 20-Yr High

US Homebuilder Sentiment Climbs to 20-Yr High

US homebuilder sentiment advanced in December to the highest mark since Y 1999 amid stronger sales and a surge in prospective buyer foot traffic. The National Association of Home Builders/Wells Fargo Housing Market Index jumped 5 pts to 76, the biggest monthly increase since the end of Y 2017, and the November figure was revised higher, […]