All posts by: r4ibom

The U.S. death toll from the coronavirus illness COVID-19 headed toward 229,000 on Friday and cases edged toward 9 million, with infections climbing in all swing states just days ahead of the presidential election.

A measure of consumer confidence rose in late October to a new pandemic high, largely reflecting growing optimism among Democrats that Joe Biden will win the presidential election.

Rising inflation might be finally a bigger fear than declining prices – and populism might be behind it.

A win for Joe Biden in the presidential election is likely to be beneficial for European stocks, strategists said, with a number of sectors set to stand out.

The S&P 500 index is on track to close below its July 31 finish, a move that would turn the “Presidential Predictor” in favor of a victory by Democratic challenger Joe Biden over President Donald Trump on Tuesday.

Gold edges higher Friday as the U.S. dollar loses some ground, but the yellow metal remains on track for a weekly loss after failing to find haven-related support despite a stock-market selloff.

European equities recovered from earlier losses, with investors focused on falling technology shares in the U.S. A week of increasing concerns over COVID-19 and restrictions have taken a toll on markets.

Oil prices flip between small gains and losses Friday but were on track to book a large October fall as rising COVID-19 cases in the U.S. and Europe pose a renewed threat to demand.

David Trainer, founder of the independent research firm New Constructs, has put out a list of five stocks to own regardless of the election. He says all these picks have attractive risk vs. reward, large cash reserves and strong market share.

Stock-index futures point lower Friday, with investors waving off strong quarterly results from tech heavyweights to focus on uncertain guidance that underlines unease about the outlook amid a continued surge in COVID-19 cases in the U.S. and Europe.

Passenger traffic at Europe’s airports fell 73% in September, compared with the same month in 2019, bringing the total volume of lost passengers since January to 1.29 billion.

Higher corporate tax rate could hit private equity pay.

Former Vice President Joe Biden is favored to win the U.S. election no matter if you look at betting markets or polling. But the hard money on the election isn’t nearly as tilted toward Biden as polling would indicate.

Twitter Inc. added users and revenue in the third quarter, but its daily active-user gains fell short of analyst expectations, sending its shares sharply lower in after-hours trading.

European equities fall and U.S. stock futures are also lower after Apple and Amazon shares fell on results late on Thursday. A week of increasing concerns over COVID-19 and restrictions have taken a toll on markets.

Meanwhile, some highly-educated nannies are finding work for families dealing with remote schooling.

Let the economy fully heal from the coronavirus shock first.

‘I don’t pay bills, which has left me pondering the idea of just staying with him out of convenience — but at what cost to me mentally?’