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Weekly Market Recap – August 21, 2020
Weekly Market Recap – August 21, 2020 In the Markets The homebuilding sector is emerging as one of the few strongholds in an economy battered by the pandemic. Housing starts increased by 22.6%, the...
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Weekly Market Recap – August 28, 2020
Weekly Market Recap – August 28, 2020 In the Markets Initial jobless claims were above 1 million again (1,006,000), and 35 states have been approved for the enhanced unemployment benefit of $300 per...
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Weekly Market Recap – September 4, 2020
Weekly Market Recap – August 28, 2020 In the Markets US employers added 1.4 million jobs in August, down from 1.7 million in July, lowering the number to 8.4% of workers unemployed. 881,000 new jobless...
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Weekly Market Recap – September 11, 2020
Weekly Market Recap – September 11, 2020 In the Markets The unemployment claims number held steady at 884,000, unchanged from the revised figure for the previous week, which is a sign that the US...
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Weekly Market Recap – September 18, 2020
Weekly Market Recap – September 18, 2020 In the Markets Thursday’s Labor Department report stated that initial unemployment benefit claims totaled 790,000 before adjustments for seasonal factors, down...
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Weekly Market Recap – September 25, 2020
Weekly Market Recap – September 25, 2020 In the Markets Unemployment remains a focal point of the nation’s economic health. The labor department reported that new applications for jobless benefits rose...
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Weekly Market Recap – October 2, 2020
Weekly Market Recap – October 2, 2020 In the Markets On Friday, President Trump was admitted to Walter Reed National Military Medical Center after testing positive for COVID-19. Several other people...
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Weekly Market Recap – October 9, 2020
Weekly Market Recap – October 9, 2020 In the Markets Initial jobless claims for the week ending October 3rd were 840,000 vs. median expectations of 820,000. For the past month, this statistic has been...
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Weekly Market Recap – October 16, 2020
Weekly Market Recap – October 16, 2020 In the Markets Coronavirus cases are surging in Europe, and with the weather cooling, the US braces for a new wave of infections. At least nine states are...
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Weekly Market Recap – October 23, 2020
Weekly Market Recap – October 23, 2020 In the Markets A record one-day high of more than 83,000 US coronavirus cases was reported on Friday. New jobless claims were 787,000 for the reported week, and...
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Weekly Market Recap – August 14, 2020
Weekly Market Recap – August 14, 2020 In the Markets The US unemployment claims figure came in at less than one million (963,000) for the first time in 21 weeks. Core retail sales rose 1.9%, which was...
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Weekly Market Recap – October 23, 2020
Weekly Market Recap – October 23, 2020 In the Markets A record one-day high of more than 83,000 US coronavirus cases was reported on Friday. New jobless claims were 787,000 for the reported week, and...
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Weekly Market Recap – October 30, 2020
Weekly Market Recap – October 30, 2020 In the Markets Third-quarter GDP growth was a record +33.1% vs. a 31.4% decline in Q2. There were 751,000 new jobless claims reported, compared to 791,000 the...
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Weekly Market Recap – November 6, 2020
Weekly Market Recap – November 6, 2020 In the Markets Third-quarter GDP growth was a record +33.1% vs. a 31.4% decline in Q2. There were 751,000 new jobless claims reported, compared to 791,000 the...
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Weekly Market Recap – November 13, 2020
Weekly Market Recap – November 13, 2020 In the Markets Economic news for the week ending November 13th indicated a slight improvement in the employment statistics. The number is now 21.16 million...
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Weekly Market Recap – November 20, 2020
Weekly Market Recap – November 20, 2020 In the Markets The retail sales report for October increased by 0.3%, down from September’s 1.6%. Industrial production rose 1.1% compared to the prior month...
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Weekly Market Recap – November 27, 2020
Weekly Market Recap – November 27, 2020 In the Markets After a month of new jobless claims decreasing, the tally reversed direction with 778,000 requests for unemployment benefits. The previous week...
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Weekly Market Recap – December 4, 2020
Weekly Market Recap – December 4, 2020 In the Markets The week ended with US coronavirus statistics hitting unprecedented levels. New cases numbered more than 210,000, hospitalizations exceeded 100,000...
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Weekly Market Recap – December 11, 2020
Weekly Market Recap – December 11, 2020 In the Markets Jobless claims were sharply higher, coming in at 853,000, 18.4% higher than the average of 720,000 expected by Wall Street analysts. Consumer...
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Weekly Market Recap – December 18, 2020
Weekly Market Recap – December 18, 2020 In the Markets Weekly initial jobless claims shot higher to 885,000; there were 862,000 new claims the previous week. The monthly report of the index of leading...
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