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At Goldman And Citadel Securities, The Santa Rally Has Believers
Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.
NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
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Proposed Stimulus Is Insane, Gundlach Says
"Bond king" Jeff Gundlach has poured scorn on the latest $3 trillion coronavirus relief package proposed by AOS and other Congressional Democrats.
Powell Warns U.S. Recovery Could Stretch Through End of 2021
The Fed chief said people should never “bet” against the American economy, but he took care not to promise a swift, so-called V-shaped rebound.
Negative Rate Round Table: Is Buffett Right To Be Concerned?
Goldman Sachs said as much on Thursday, making the case that the central bank would have to consider negative rates if a second viral outbreak hits.
Coronavirus Will Wipe Out These Three Industries For Good
For many industries, this crisis will prove to be the final nail in the coffin. These industries will NEVER return to what they once were.