Monthly Archives: June 2020

-4.9% Global GDP 2020 Forecast

The coronavirus has brought illness, death, unemployment, hardship, uncertainty, and a widespread recession. According to the IMF’s World Economic Outlook, global economic production of all goods and services is forecast to decline by 4.9% in 2020, gutting production by a … Continue reading

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2020 Covid-19 → Leaders & Laggards

This year has been highly irregular because of coronavirus. The world has been hit with a pandemic that has shocked our way of life and astounded all. Job losses, business closures, empty office buildings, disrupted travel plans, modified dining habits, … Continue reading

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Palm Beach County ►Covid19 Update

There have been 9,262 positive cases of coronavirus in Palm Beach County. 50% of all infected persons were between the ages of 15 to 54. 451 people have died from the disease locally, of those inflicted 94% were ages 55 … Continue reading

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The Great Retail Revival

Wow! Consumers #trump Covid19 last month by increasing retail spending by a whopping $62.3 billion, month-over-month. Retail sales (ex. food services) after plummeting 17.5% from record levels has quickly rebounded to within 3.7% of that threshold. The increase was a … Continue reading

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Sam Stovall – Main Street’s Market Savant

When it comes to reading the mercurial stock market tea leaves, I’ve recognized the Maven of Manhattan, Sam Stovall, CFRA Chief Investment Strategist, to be the keenest of all. Mr. Stovall is the patriarch of Sector Investing, meaning that Sam … Continue reading

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Federal Reserve FOMC Statement

Rates to remained anchored near zero through 2022 https://invest.1db.com/FOMC620

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Stocks & Unemployment: EPS ↓30%, Prices ↑43%

“It’s a recession when your neighbor loses their job; it’s a depression when it is you.” What could possibly go right? For equity investors, everything turned out rosier than expected. From the March 23 low, the S&P 500 has risen … Continue reading

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