Author: UPFINA

Retail ruled the market in 2020 as the most recent unemployment claims report was bad, but investors are ignoring bad economic data.

Some feared there would be a depression because of the virus, but instead the lost GDP ground will be less than the prior three recessions.

Short sellers help the market function. They have mostly disappeared which is bad for the market. When it falls, there will be less buyers…

Without the parts of the economy that have tanked because of COVID-19, Q3 S&P 500 earnings growth would have been positive.

Over 14 million people might not be able to pay their rent. The economy will have a rough winter before we see any improvements.