Insights, Delivered Daily.

Gone big. Stocks extended last week’s rally Friday on continued hopes of a stimulus package… eventually. President Trump’s health appears to be improving adding further hopes that the therapy pipeline will soon yield some positive treatments, further adding positivity to investor sentiment.

Playing with fire. Stocks closed lower yesterday, giving up modest gains after the President called off stimulus talks via Twitter. Investors were hopeful that a deal could be reached sending bond yields higher along with stocks earlier in the session but the abrupt change of course reversed the...

Unmasked. Stocks rallied strongly yesterday on news of the President’s improving health, more economic stimulus, and yes, Biden’s strength in the polls. Positive economic numbers were overshadowed by more positive news from the political arena, and upbeat news is, alas… a good thing.

Gone viral. Stocks slid on Friday after the President announced that he was infected with COVID-19. News of the President’s health overshadowed news about jobs and reported progress on a new stimulus bill.