Author: UPFINA

Nothing changed in terms of monetary policy as almost 8 million people have entered poverty since June.

Wall Street and Main Street are in different stratospheres while inflation was rated as the biggest tail risk.

It appears consumers are willing to spend more without much optimism on wages, earnings, or the unemployment rate.

We were surprised to see that consumer sentiment rose in December despite the spike in COVID-19 cases and economic restrictions.

Meanwhile, initial jobless claims see the biggest increase since March 28th, which was the biggest increase of the recession.