In an attempt to kick-start negotiations with the Trump administration, House Democrats claim they're scaling back their proposal for a new stimulus package.
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of Losses | | | | | Global stock markets and U.S. futures dropped this morning, meaning U.S. stocks are well on their way toward a fourth week of consecutive losses.
In an attempt to kick-start negotiations with the Trump administration, House Democrats claim they're scaling back their proposal for a new stimulus package. However, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell said providing affordable loans to small businesses and further support to unemployed Americans is the government's highest priority.
But despite signals of a global economic rebound in the third quarter, the upturn may be losing steam…
In today's video, I'll discuss whether stocks are oversold or not… current momentum levels for major indices… and two stocks that are bucking the last two-week downturn. | | | | |  |
| September 23, 2020 | At a House of Representatives committee hearing Tuesday, Powell said that while the U.S. economy is improving in some areas, it's also showing signs of weakness in others after the expiration of $600 in extra weekly employment benefits. If Congress doesn't make a decision soon, the markets aren't going to be pretty…
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| September 21, 2020 | This market is a tricky one. Anyone who doesn't know how to maneuver through it could find themselves overwhelmed very quickly. But that's nothing to be ashamed of… I've been in those shoes.
One of the most important things you can do is keep up with the constant flow of data and news coming out of this market. Yes, that takes a lot of time and effort — but that's why I'm here to help you!
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