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Weekly Economic 7-6-20

In this week’s recap: despite continued COVID-19 concerns, markets react positively to upbeat economic data. Weekly Economic Update Presented by Steve E Holmes, July 6, 2020 THE WEEK ON WALL STREET In a holiday-shortened week, stock prices turned higher as encouraging...

Weekly Economic 6-29-20

In this week’s recap: a rise in COVID-19 cases inspires turbulence in markets, tapping the brakes on economic recovery. Weekly Economic Update Presented by Steve E Holmes, June 29, 2020 THE WEEK ON WALL STREET A jump in COVID-19 cases dampened investor enthusiasm last...

Weekly Economic 6-22-20

In this week’s recap: as fears of economic shutdown diminish, the U.S. economy gains momentum. Weekly Economic Update Presented by Steve E Holmes, June 22, 2020 THE WEEK ON WALL STREET Stocks moved higher last week on news of more Federal Reserve market support and...

Weekly Economic 6-15-20

In this week’s recap: increase in COVID-19 cases, matched with downbeat Federal Reserve forecast, weighed on markets. Weekly Economic Update Presented by Steve E Holmes, June 15, 2020 THE WEEK ON WALL STREET Investor sentiment turned negative last week, amid an...

Weekly Economic 6-8-20

In this week’s recap: U.S. jobs report and a surging market build optimism for global economic recovery. Weekly Economic Update Presented by Steve E Holmes, June 8, 2020 THE WEEK ON WALL STREET A positive jobs report sent stocks soaring last Friday, capping a solid...

Weekly Economic 6-1-2020

In this week’s recap: solid gains following a short trading week; economic reopening inspires optimism. Weekly Economic Update Presented by Steve E Holmes, June 1, 2020 THE WEEK ON WALL STREET The shortened week, which began with a powerful two-day rally of trading,...

Weekly Economic 5-25-20

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 Steve E Holmes, May 25, 2020 THE WEEK ON WALL STREET Upbeat comments by the Federal Reserve Chairman...

Weekly Economic 5-18-2020

In this week’s recap: Powell paints a somber picture for recovery, and the markets slip in reaction. Weekly Economic Update Presented by Steve E Holmes, May 18, 2020 THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal Reserve Chairman...

Weekly Economic 5-11-20

In this week’s recap: Unemployment reaches an historic low, while stocks climbed in response to economic re-openings. Weekly Economic Update Presented by Steve E Holmes, May 11, 2020 THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks managed to...

Weekly Economic Update 5-4-20

In this week’s recap: Promising drug trials and plans to ease public lockdowns turn thoughts to economic normalization. Weekly Economic Update Presented by Steve E Holmes, May 4, 2020 THE WEEK ON WALL STREET Stock prices ended the week slightly lower, despite news of...