| Dec 2, 2020 If for any reason you believe you received this email in error, you can safely ignore it, or click here to unsubscribe.  Your daily source for trading strategies, tech news, and politically incorrect humor. Hey there, Bullets Fans -
Your Morning Bullets Evening Edition has arrived!
Is this your first time reading, or are you tired of waiting on someone to forward it to you? Be sure to opt in here to get it every day!
Now, let's dig in!  Image Source: Wall Street Journal The stock market moved only marginally today, with the Dow Jones Industrial Average and the Nasdaq Composite slipping .1% and .2%, respectively, while the S&P 500 saw a slight gain.
Today Mitch McConnell, the Senate Majority Leader, rejected $908 billion in bipartisan fiscal relief.
"The potential for fiscal stimulus in the lame duck session does appear to be on the rise," said StoneX Global Market Strategist, Yousef Abbasi. "But any package that will be considered will likely be significantly smaller than the $1 trillion that had been talked about prior to the election."
The idea that more stimulus might be on the way helped to bolster the markets yesterday, marking the beginning of the new month with gains.
Also today, ADP released data about November's private payrolls, but the number of jobs added fell short of expectations, coming in at 307,000 new jobs versus the anticipated 475,000.
Other Hot Market News... You don't want to miss this winning strategy
 Image Source: The Atlantic Congress may be back in session, but that doesn't mean they're getting anything done.
Which is pretty bad news at a time where key aid programs set up for the unemployed are set to expire by the end of this month. If that happens, millions will be without unemployment benefits while, simultaneously, protections for renters and student-loan borrowers will also end.
"They seem far apart at the moment," Mike Leachman, vice president for state fiscal policy at the Center on Budget and Policy Priorities, a left-leaning think tank, said of the lawmakers. "But the need is significant."
More Political Headlines
Thanks for reading today and being a loyal subscriber.
Know someone who should be getting these Bullet Briefs? Make sure to send them over to www.morningbullets.com to subscribe. Stay tuned for our next edition!
Your biggest fan,  Fredrick Frost It was ok - 13.25% It was good - 38.95% Very useful - 25.36% Note: Percentages are updated once per week on Sundays and include all feedback since inception. Follow Morning Bullets on:
Advertise With Us: advertise@leadmark.com
You are receiving this e-mail because you made a great decision to receive Morning Bullets Daily Newsletter. To ensure you receive our emails, be sure to whitelist us. Follow instructions here.
© 2020 Morning Bullets. All Rights Reserved.
20 North Orange Avenue, Unit 1100 Orlando, Florida 32801
|
02 December | What you need to know about Ford's sales
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment