Critical US Infrastructure Deal Set to Vote on Thursday
It’s a big week for Biden. The House of Representatives is set to vote Thursday on the $1.2T infrastructure bill — which would unleash massive spending and even more debt into the US economy:
Economy
Heat check: What is the current state of the stock market?
Markets are on fire — just not in the way investors would want. In the past few weeks, strategists warned of several threats to the economy which could lead to large market swings.
The most bearish of them all, Morgan Stanley, forecasted a 20% drop in the S&P 500. Just how bad can it get?
Debt problems at Chinese real estate firm, Evergrande, puts entire market at risk
A collapse of epic proportions is in the making, but the question on everyone’s mind is: could this be another 2008 moment?
Inflation slows in August: What does this mean for investors?
Inflation — the deadly word in the market — cooled down slightly in August. Investors can relax, but don’t get too comfortable.
- Consumer prices gained 0.3% in August compared to July — down from 0.5% the previous month.
- On an annual basis, prices are up 5.3% from August 2020.
Investment banks warn of negative shocks that threaten to end a market gain streak
Don’t shoot the messenger, we’re only delivering the message from investment banks — negative shocks are threatening to end a streak of market gains.
What’s the big deal? Strategists at Goldman, Morgan Stanley and Citigroup warn of risks to the economy from the following factors: Delta variant, slowing global growth and end of stimulus programs.
Four economic trends driving the stock market in 2021
Welcome to the final four months of 2021 — which is looking an awful lot like the final few months of last year. For investors, these are the major economic trends that could drive the direction of the stock market…
