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A Biden stimulus plan will spur US economic growth of 4.6% in 2021, Ned Davis Research says

"We expect a significant boost from fresh fiscal spending and account for above-trend growth early in expansions," Ned Davis Research said. Getty Images The US economy could expand 4.6% in 2021 on the back of huge fiscal spending by President.....»»

Category: dealsSource: nytNov 19th, 2020

US 4th-quarter economic growth will be cut in half if Congress fails to pass more stimulus, Goldman Sachs says

The lack of new fiscal support will push disposable income to pre-pandemic levels and lower consumer spending into 2021, the bank's .....»»

Category: dealsSource: nytSep 24th, 2020

Goldman Sachs: Fiscal outlook for the U.S. 'is not good' as national debt burden grows

Jan Hatzius, chief economist at Goldman Sachs, sees the deficit ballooning to $2.05T by 2028. Lawmakers might hesitate to approve fiscal stimulus in the next downturn in li.....»»

Category: topSource: usatodayMay 21st, 2018

INEO Revenue Increased 42% in Fiscal First Quarter 2021

INEO increases its Welcoming Network to seventy retail locations across all the major metropolitan regions in British Columbia and Alberta. SURREY, BC, Nov. 23, 2020 /CNW/ - INEO Tech Corp. (TSXV:INEO) (the "Company" or "I.....»»

Category: earningsSource: benzingaNov 24th, 2020

Stocks will hit a crucial "turning point" in early 2021 as virus-stricken industries recover — but major indexes will only see moderate gains as mega-cap tech lags, says Citi"s US equity chief

Citi's Tobias Levkovich told CNBC that a new rally in some stocks will result in only modest gains for the S&P 500. Lucas Jacks.....»»

Category: personnelSource: nytNov 18th, 2020

J&J sees data for U.S. vaccine submission by end 2020, early 2021, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 17th, 2020

Dow jumps 500 points, Moderna’s CEO sees COVID-19 vaccine approval early 2021

More positive vaccine news is juicing investor sentiment for the second straight week......»»

Category: topSource: foxnewsNov 16th, 2020

Spectrum Brands sees fiscal 2021 sales growth 3%-5%; FactSet consensus of $3.96 bln is down 0.1%

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchNov 13th, 2020

A top strategist says investors should stay in stocks hit hardest by the pandemic despite recent painful downturn

Fundstrat's Tom Lee said cyclical stocks will see strong earnings in 2021 once the US sees stimulus and gets past "this huge bump around Election Day." Cindy Ord/Getty Images Tom Lee of Fundstrat Global Advisors told CNBC on W.....»»

Category: personnelSource: nytOct 29th, 2020

Metals Stocks: Gold climbs Friday, on track for modest weekly gain as investors track fiscal stimulus talks in Washington

Gold futures rise early Friday, rebounding from a fall in the prior session, as bullion moves in step with hope for a U.S. coronavirus relief package that could provide a lift to buyers of bullion hedging against growing government deficits......»»

Category: topSource: marketwatchOct 23rd, 2020

Market Snapshot: Dow on track for small weekly loss as investors focus on fiscal stimulus prospects

Futures point to a higher start for U.S. stocks Friday, but major benchmarks remain on track for small weekly declines as investors track long-running talks for another round of coronavirus aid......»»

Category: topSource: marketwatchOct 23rd, 2020

Goldman Expects A Structural Bull Market For Commodities In 2021, Sees Gold Hitting $2300

Goldman Expects A Struct.....»»

Category: blogSource: zerohedgeOct 22nd, 2020

Commodities Corner: Why Goldman Sachs sees a 2021 bull market brewing for commodities

M.....»»

Category: topSource: marketwatchOct 22nd, 2020

Deadline Looming: Fiscal Stimulus Showdown Dominates Scene Early, But Netflix Waits In Wings

We’ve all had that dream of missing a d.....»»

Category: earningsSource: benzingaOct 20th, 2020

Market Snapshot: Dow futures rise 200 points as fiscal stimulus talks show signs of progress

Stock-index futures point higher early Tuesday after talks between the Trump administration and House Democrats appear to make progress.....»»

Category: topSource: marketwatchOct 20th, 2020

Goldman Sachs" top economist says the size of a new Democratic majority in the Senate would be critical to the amount of stimulus it passes

A narrow Democratic majority in the Senate would likely mean less fiscal stimulus than a larger majority of 53 or 54 seats, J.....»»

Category: topSource: businessinsiderOct 19th, 2020

Goldman Sachs" top economist says the size of a Democratic majority win in the Senate would be critical to the amount of stimulus it passes

A narrow Democratic majority in the Senate would likely result in less fiscal stimulus than a larger majority in which Democrats hold 53 or 54 seats, Jan Hatzius said. The U.S. Capitol is seen from the Russell Senate Office Building.....»»

Category: topSource: businessinsiderOct 19th, 2020

Bond Report: Treasury yields gain ground on fiscal relief hopes

U.S. Treasury yields rise on early Monday's trade as investors appeared to pin their hopes on a new fiscal stimulus deal before the presidential election......»»

Category: topSource: marketwatchOct 19th, 2020

"Not out of the woods": Here"s what 5 top executives said this week about the prospect of more economic stimulus

"We'll probably see delinquencies tick up in the early part of 2021" if a new aid package isn't passed soon, JPMorgan CFO Jennifer Piepszak said. Reuters Earnings season kicked off on Tuesday, and executives are sounding .....»»

Category: topSource: businessinsiderOct 18th, 2020

NewsWatch: Dow futures fall 325 points amid lack of fiscal stimulus, renewed coronavirus lockdowns in Europe

U.S. stock-index futures trade sharply lower early Thursday, suggesting a third day of weakness for equities, following losses in Asia and Europe overnight as new restrictions were imposed to combat rising coronavirus cases in many parts of the world......»»

Category: topSource: marketwatchOct 15th, 2020