A partial digest: Friday was day 66 of the Biden-Harris administration. Two weeks have passed of volatile and/or lukewarm market activity since passage of the last stimulus act, seemingly in spite of moments of falling yields. Additionally, more stimulus 3.0 checks went to those in need, while the wealthiest Americans didn’t get any. Hence, it’s not totally surprising that it wasn’t much of a boon for stocks. It’s worth reiterating, then, that perhaps markets are finally needing fundamentals for fuel, not government checks and empty words. Massive
03262021 :: Friday finance
03262021 :: Friday finance
03262021 :: Friday finance
A partial digest: Friday was day 66 of the Biden-Harris administration. Two weeks have passed of volatile and/or lukewarm market activity since passage of the last stimulus act, seemingly in spite of moments of falling yields. Additionally, more stimulus 3.0 checks went to those in need, while the wealthiest Americans didn’t get any. Hence, it’s not totally surprising that it wasn’t much of a boon for stocks. It’s worth reiterating, then, that perhaps markets are finally needing fundamentals for fuel, not government checks and empty words. Massive