Monthly Archives: December 2020

Long Strange Year

Last Week: Welcome to the last week of 2020. One might say it done come and gone, and my oh my what a long strange trip it has been indeed. The fiscal stimulus saga, which first grabbed headlines in June, took another twist as Congress finally passed a $900 billion fiscal stimulus bill on Tuesday, but before the ink could dry, President Trump refused to sign it. Spoiler alert: Skip to [...]

2021-01-04T18:03:48-06:00December 28th, 2020|

Help! Might Be Coming

Last Week: “Help!” Apparently, our representatives in Washington were unable to “Come Together” and pass a bill to provide the needed funds to give the economy a desperately needed shot in the arm. The damage was reflected in applications for U.S. state unemployment benefits which unexpectedly jumped to the highest level in three months, suggesting the labor market’s recovery is faltering amid the surge in Covid-19 cases and widening business restrictions. [...]

2021-01-04T18:04:33-06:00December 21st, 2020|

Gloom But No Doom

Last Week: The wintertime blues seem to be settling in as this very strange year comes to a close. Perhaps my mood is colored by the Chicago Bears' inexplicable loss the previous Sunday, or the grey skies and blustery weather, but the news on Main Street seemed pretty downbeat as the week progressed. The surge in COVID-19 cases raged on, with record new cases and deaths. The $908 billion stimulus package [...]

2021-01-04T18:05:13-06:00December 14th, 2020|

The Half-Full Tipped-Over Glass

Last Week: All three major large cap stock market indexes closed at all-time highs Friday as Congress appeared to make progress toward passing a COVID-19 stimulus bill. A weaker than expected rise in November non-farm payrolls had the bad-news-is-good-news effect on equities as investors concluded that the weak numbers will lead to compromise on a near-term relief package. One has to start to question this “glass is half full” mentality in [...]

2020-12-07T10:50:52-06:00December 7th, 2020|
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