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Federal Reserve Maintains Interest Rates Despite Earlier Report of Higher Inflation

Although Federal Reserve mentioned inflation coupled with a recovering economy, the bank had decided to keep interest rates unchanged.

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Breakout Or Breakdown? Why the Nasdaq s Two Decade Leadership Cycle May Withstand Rising Rates

Breakout Or Breakdown? Why the Nasdaq s Two Decade Leadership Cycle May Withstand Rising Rates
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US GDP will grow 6% in 2021 amid a banner year : Jim Paulsen

Reuters / Brendan McDermid Leuthold Group s Jim Paulsen told CNBC on Tuesday he expects US gross domestic product to grow 6% in 2021 in a banner year for the economy. The chief investment strategist explained that several pandemic relief policies that were implemented in 2020 won t take effect until 2021. This impact coupled with the fact that the US currently has a higher savings rate than almost 99% of the time in post-war history will lead to an economic boom once the vaccine has inoculated a large portion of the US population, according to Paulsen. . Leuthold Group s Jim Paulsen told CNBC on Tuesday that the US economy will have a banner year in 2021.

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