The Stock Market Is Looking Bullish – So Why Don’t Americans Agree?

Expectations of higher stock prices fell in May, according to the Fed’s consumer expectations survey. Consumers see a mean probability of less than 50% that stock prices will be higher a year from now. Consumer sentiment about the stock market is dipping as analyst sentiment grows stronger. When the U.S. stock market started to rebound …

The Stock Market Is Getting Hella Frothy – And It’s All Millennials’ Fault

The stock market looks as expensive as it has in two decades. With old school investors on the sidelines, Robinhood’s perceived army of “dumb money millenials” is on a buying spree. Can this possibly end well when the most popular stocks are all desperately cash-poor? With the Wall Street sharks sitting on the sidelines, Robinhood …

U.S. Stock Rally Gets Supercharged as the World Unites Against China

Eight major nations have united in a coalition to counter China and its threat against ‘global trade, security and human rights.’ The battle against China is no longer exclusive to the U.S., as American allies unite. The rallying U.S. stock market is likely to boost with the unified stance of Europe’s biggest economies against China. …

Zoom Stock’s Surge Is Bad News for the Economy — Here’s Why

While the S&P 500 is still down about 6% year-to-date, Zoom’s shares have tripled in value. Zoom’s popularity has exploded due to shelter-in-place orders. Zoom keeps soaring despite investors being optimistic about the economy. Zoom Video Communications’ (NASDAQ:ZM) stock price was on an uptrend before the pandemic started. But the outbreak pushed shares higher as …

COVID-19 Vaccine Contenders Race Against the Clock, and Each Other

Oxford University’s coronavirus vaccine gets significant financial backing and promises possible September vaccine delivery. China and Canada teamed up on the first human testing of a vaccine, and initial results are positive. Moderna’s recent vaccination tests were small in number but sent the stock market soaring. In the race to find a COVID-19 vaccine, hope …

Here’s How Trump’s Big Mouth Bludgeoned the Dow Jones Today

The Dow Jones bled lower on Thursday, reversing part of the previous day’s rally. Today’s jobless claims release revealed that almost 40 million Americans have filed for unemployment since the coronavirus pandemic began. Investors brushed off this data and appeared more interested in Donald Trump’s escalating war of words with China. The Dow Jones suffered …