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Market Briefing For Wednesday, Oct. 21
Article By:
Gene Inger
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Wednesday, October 21, 2020 2:55 AM EDT
A question remains as to whether we get conventional rallying by the S&P with guarded participation elsewhere, and whether or not that will have an immediate response post-Election (if outcome known).
TalkMarkets Tuesday Talk: Say "Some Stock Markets Seesaw On Somewhat Stormy Seas Sometimes"
Article By:
TalkMarkets DailyTalk
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Tuesday, October 20, 2020 6:28 AM EDT
With just under two weeks to go till Election Day, the daily action in the stock market continues to seesaw back and forth while maintaining its continuing upward trend overall. Following this pattern US Market futures are rising this morning.
Stick With Stocks Through The Contested Election
Article By:
Peter Morici
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Tuesday, October 20, 2020 2:09 AM EDT
The business shutdowns required by COVID-19 pushed down GDP by 31% on an annualized basis in Q2. The economy substantially, but hardly completely, rebounded in Q3, thanks to a huge stimulus spending and lending support from the Federal Reserve.
Silver Forecast (October Update): 21 Analysts Now See Major Move In Price Coming
Article By:
Lorimer Wilson
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Monday, October 19, 2020 9:25 AM EDT
Many analysts are forecasting silver going as high as $1,200 over the next decade but a few are suggesting a price as low as $5 if we experience a long-lasting major recession or a depression along the way..
Russia: Key Rate To Stay On Hold, Signal To Remain Dovish
Article By:
ING Economics
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Monday, October 19, 2020 7:12 AM EDT
The Bank of Russia will keep the key rate at 4.25% given the recent pick up in CPI, but the medium-term signal will remain dovish. Softening in demand is guiding towards a below-target CPI in 2021, leaving room for a rate cut to 3.5-4.0% next year.
In this article: RBL
