Article By:
Erik McCurdy
Saturday, October 31, 2020 3:25 AM EDT
The index closed sharply lower this week, retreating from recent highs of the uptrend from March. Technical indicators are neutral to slightly bearish overall, suggesting that direction is in question with a slight downward bias.
In this article: SPX
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Article By:
Larry Swedroe
Saturday, October 31, 2020 1:31 AM EDT
In investing, as in fashion, fluctuations in attitudes spread widely without any apparent logic.
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Article By:
Jeff Desjardins
Friday, October 30, 2020 11:41 PM EDT
Public sector debt has been a contentious topic for many years.
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Article By:
ING Economics
Friday, October 30, 2020 10:38 PM EDT
PMI data across EMEA may reflect the rising Covid-19 cases in Europe. Rate decisions in the Czech Republic and Poland are likely to be non-events, but keep an eye on CPI data from Russia and Turkey.
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Article By:
Mises Institute
Friday, October 30, 2020 9:33 PM EDT
President Trump has said often that he had “created the greatest economy the world has ever seen until the China virus came.”
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Article By:
Jeffrey P. Snider
Friday, October 30, 2020 8:31 PM EDT
For Q3, the BEA reported gross indirect taxes of $1.46 trillion (annual rate). That’s the raw amount of government income received which pays for (only part of) the government’s spending (which gets recorded in GDP).
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Europe faces a tough recession generated by the COVID-19 pandemic. As the second wave hit the old continent, the economic growth perspectives declined too.
Silver and bitcoin remain massively undervalued, and that the market fundamentals of both these assets look extremely bullish.
Today's market is back in panic mode as Hallowe'en will not be celebrated by the kiddies for the first time I can remember. But there is plenty of trick in stocks today.
On Thursday, all but one of the 25 constituents in our Pure-Play Pot Stock Index advanced in price.
Douglas Dynamics' price per share closed at $34.79 yesterday. A year ago its price was $47.46. Price fell $12.67 or over 26.6% last year.
