Craig on Air
Economic Update September 3, 2020
Craig spoke about the market closing near record highs, the price of oil, and Macy’s reporting losses yesterday. He went on to report that the unemployment and jobless claims numbers come out today, with expectations for the jobless claims number to finally to drop below 1 million. He mentions the rumor/leak by the CDC about a possible vaccine available by November 1st and what this may mean for the markets. Lastly, he speaks about the bid made by Blackstone Group for Kansas City Southern, a railway founded in 1887 and what this may indicate about potential in other sleepy value stocks in that sector.
Economic Update September 1, 2020
As August finished with the markets looking strong, Craig discusses notable action that has been going on within the Dow Jones Industrial Average. Craig also previews the upcoming election and what either outcome means for your portfolio.
Economic Update August 31, 2020
Economic Update August 14 2020
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.
Economic Update August 13 2020
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.
Economic Update August 12, 2020
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.
