Markets and the economy have staged a historic rebound since the late March lows, and while we all welcome this impressive comeback, we enter the final quarter of the year keenly aware that some of the biggest unknowns for the markets and the economy will be resolved positively or negatively in the …
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Dow 30 Changes Its Starting Lineup
The Dow Jones Industrial Average (DJIA), one of the most widely followed stock market indices, has made some key changes to its starting lineup. Salesforce.com, Amgen Inc., and Honeywell International Inc. have replaced Exxon Mobil Corp., Pfizer Inc., and Raytheon Technologies Corp. The change went …
The Federal Reserve’s Unprecedented Response to COVID-19
In response to the COVID-19 pandemic, almost every state in America is under some sort of stay-at-home order. The order has led many businesses, large and small, to downsize, furlough workers, or close up shop entirely. In response to the drastic financial impact of COVID-19 on the American economy, …
