In this week’s recap: Markets rally in reply to positive comments from Fed Chair Powell and further optimism for economic recovery. Weekly Economic Update Presented by «RepresentativeName», May 25, 2020 THE WEEK ON WALL STREET Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel … Read More
In this week’s recap: Powell paints a somber picture for recovery, and the markets slip in reaction. Weekly Economic Update Presented by «RepresentativeName», May 18, 2020 THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed … Read More
In this week’s recap: unemployment reaches an historic high, while stocks climbed in response to economic re-openings. Weekly Economic Update Presented by «RepresentativeName», May 11, 2020 THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic … Read More
In this week’s recap: Promising drug trials and plans to ease public lockdowns turn thoughts to economic normalization. Weekly Economic Update Presented by «RepresentativeName», May 4, 2020 THE WEEK ON WALL STREET Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment … Read More