$7.9 trillion: That’s the total expected economic toll of the coronavirus in the U.S. The Congressional Budget Office estimates that U.S. GDP will be reduced by 3% through 2030. That total economic decline is in spite of the $3 trillion in stimulus spending. Congress...
America is coming back online. In fact, the Walt Disney Co. just announced the reopening of Walt Disney World here in my home state of Florida. It’s just another sign that tells me America’s Great Comeback 2020 is accelerating. And as stocks continue to...
Ouch! The U.S. economy lost 2.1 million jobs last week. That brings the total jobless claims to 41 million since the outbreak shut down the U.S. economy. Those jobless claims numbers are horrible. Yet there were a couple positive signs. First, the number of...
2% gains today . . . U.S. stocks surged again today with optimistic investors prevailing. The S&P 500 is now trading at the same level as early March. And it’s now trading above both the 50-day and 200-day moving average. Many well-known tech stocks...
Yes, America will ALWAYS bounce back. That’s why major U.S. stocks market indices are up over 30% since late March. These big gains could extend to a large group of undervalued and overlooked American stocks. That’s why I’m hosting an exclusive private client briefing...
Health experts warn that a second wave of coronavirus is coming to the South and Midwest. All 50 states have now re-opened in one manner or another. And there’s concern that easing restrictions will allow the virus to spread more rapidly in a second...