Dow Jones May Climb on Dovish Fed, Improving Macro Data
The Dow Jones Industrial Average stockindex has rebounded 56.4% from its trough observed in March, marking it one of the best-performing stock indices globally after the S&P 500 and Nasdaq…
Day: August 30, 2020
With the Market Back at a Record, Wall Street’s Top Analysts Think These Stocks Can Go Even Higher
Stocks are once again at record high levels — with the S&P 500 now up over 21% on a one-year basis. That’s following Fed Chair Jerome Powell’s more-relaxed inflation targeting…
Mr. Powell, If You Want Higher Inflation, Give People Money
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and…