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Under-the-Radar Signal That Rates May Head Higher
The 10-year Treasury yield has stayed in a narrow range since April 2020, helped by a supportive Federal Reserve and ongoing concerns about the COVID-19 pandemic.
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Market Update: Mon, Oct 12, 2020 | LPL Financial Research
Stocks add to last week’s solid gains. While most attribute the recent bump up in stocks to stimulus and position jockeying ahead of Election Day, earnings season has quietly snuck up on us and will be a big focus for investors this week. The US bond market is closed for the Columbus Day holiday while…
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Easy and Fun Ways to Teach Your Kids the Value of Money
You can’t overestimate the value of teaching your young children about managing money. The trick is to make the lessons fun and applicable to their daily lives.
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Weekly Market Performance – October 9, 2020 – Markets Optimistic For Stimulus Measures
The S&P 500 Index posted its best week in more than three months, boosted by renewed stimulus talks and the potential for targeted business-aid, and all major sectors finished in the green. Energy, after struggling the past month, was the best performing sector. Materials, utilities, and industrials were also among the sector leaders. Growth and…
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Market Update: Fri, Oct 9, 2020 | LPL Financial Research
Markets move higher. US equity markets opened in the green following Thursday’s positive session. Renewed stimulus talks, with targeted business-aid hopes, are influencing today’s action. Asian markets were mixed, with China’s stock market higher after their holiday, while Japan and Hong Kong ended the trading session lower. European markets are slightly higher in midday trading.
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Follow The Bouncing Stimulus Ball
Stimulus talks in Washington, DC, are getting a lot of attention from investors—and for good reason. The midpoint of the two offers—roughly $1.6 trillion from the White House and $2.2 trillion from US House Democrats—is about 9% of last year’s US gross domestic product (source: Bureau of Labor Statistics). That’s a big deal in terms…