Stocks may be down from their all-time highs set last month, one expert says unprecedented monetary support has set the stage for a “generational opportunity” for stocks. Here’s why.Read More
If this scenario were to play out, it could be very bad news for the market. Here’s why investors need to have this big risk on their radar now.Read More
Plus, Tesla shares are down ahead of the electric vehicle maker’s Battery Day event, Carvana shares are up after it said it expects to post records in multiple categories when it announces third quarter earnings, and Coca-Cola is entering the hard seltzer space next year.Read More
Plus, the Fed wraps up its last meeting before the presidential election today, U.S. consumer spending slowed in August, and Eli Lilly said its antibody treatment for the coronavirus appeared to reduce hospitalization rates in a trial.Read More
Plus, Japanese Prime Minister Shinzo Abe is stepping down, House Speaker Pelosi said Democrats and Republicans are at a “tragic impasse” on coronavirus relief negotiations, Abbott Laboratories inked a deal with the U.S. government for 150 million of its rapid coronavirus antigen test.Read More
Plus, Moderna said its coronavirus vaccine candidate showed a promising immune response in older patients in an early trial, Kansas City Fed President Esther George warned of a double-dip recession, and McDonald’s has reportedly expanded the scope of its investigation against former CEO Easterbrook.Read More
However, the Minneapolis Fed president says one move could still pave the way to a stronger economic recovery.Read More
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