Craig on Air

Against the backdrop of relatively stable market movements, Craig spoke today about the positive jobs report and how the economy seems to be rebounding in a relatively quick “V-shaped recovery.” Craig also talks about current trends in tech, such as the coming of 5G and AI, and how advancements in data and technology are shaping the investing landscape.

Today Craig spoke about the positive stock market overview, with the DOW Jones, S&P 500, and the Nasdaq Composite seeing significant gains and nearing record highs, and noted that growth may continue as the economy nears the quarter’s end. Craig also touches on the effects of a potential payroll tax cut, a stimulus plan, and news in unemployment filings.

Today Craig spoke about the producer price index report and that it gained for the first time in 6 months, Boeing and their cancellation orders and what that may mean for the economy, the potential news about a vaccine for COVID and its impact on the markets, how the S&P works and its interesting performance lately in the equal weighted sector, and also the recent news of Tim Cook and Apple.

Hear Craig’s economic update this morning where he reports on the recent market performance before the opening, the 10 year and 30 year treasury rates, price of gold and crude oil, and the US dollar getting weaker. The positive market and what this may mean going forward for the economy.  Russia’s recent news of a Coronavirus vaccine, and if true what that may mean for the US government and economy, the recent stimulus bill, and recent executive orders and what that may tell us about loans, businesses, the stock market going forward.  He also details the next challenges we will see: China, inflation, weakening dollar, and of overall impact we see to the price of gold.