Nasdaq 100, Tesla and Bitcoin Carry Hopes while GBPUSD, GBPJPY Suit Conditions 2020-12-21 02:00:00 John Kicklighter, Chief Strategist
Friday may have closed out the market’s practical liquidity for the year, but speculative turbulence continues to churn
Tesla’s inclusion into the S&P 500 will stir Monday S&P 500 volatility, Bitcoin is still pushing record highs and IPO news continues to fuel appetites
US stimulus and Brexit talks are lingering uncertainties and sources of potential volatility in these final weeks of the year
Little Relief in Risk Trends as Liquidity Fades into Final Two Weeks of 2020
We have closed out the last full week for liquidity this trading year. While we still have two weeks of 2020 left, market liquidity through this period will be thin and choppy. With much the Western World closed this coming Friday for the Christmas Day market holiday and the following Friday an even broader s
carolina that can t expand directly because of donald trump s trade war. not only in blue places but i think in a lot of the red states, it s going to hurt him as well. and, meanwhile, inettlinette have the president saying he s considering a payroll attack cut, considering other mechanisms by which he would cut taxes. not capital gains, but the payroll tax would give americans an average of $84 a month back in their pockets. it is nothing. so, this is not going to save americans. maybe it s a cute pitch but hopefully the american people are smarter than to hear this kind of gloss. according to jpmorgan, american households are about to lose $1,000 a year on the trade war. we ve it hasn t even ramped up yet and the chinese promise to retaliate. we have to see what that looks like. no, this payroll tax isn t going to do much for people, but it is an admission that something is
time for a look at your money, money, money. many working class americans are struggling to make ends meet because of the rising cost in housing. it s the richest renters in some major u.s. cities that are getting a break. according to a report from the washington post, rents have fallen for the highest earners while increasing for the poorest in several major u.s. cities since last september. overall, rents for the poor have increased since 2011 but in portland and san francisco, the increase has been much steeper. in portland, average rents for low earners have risen from about $1100 a month back in 2011 to $1600 a month in 2018. that is a 45% increase in just seven years. in san francisco, the average rent at the bottom of the market climbed from $1700 in 2011 to $2600 in 2018. that s a 53% increase. meanwhile, rents for luxury
and died at the hospital. the 10-year police veteran honored as officer of the month back in april of 2014. he leaves behind a wife and three small children. the fbi offered 10,000-dollar reward leading to the arrest of the convicted flown who allegedly shot him. in the meantime massachusetts, the handcuffs that used to hang off, were use today restrain man of killing officer with his own gun, this shoto showing state police trooper, allegedly shot 10 times before killing a 77-year-old woman, just this week alone, 6 officers were shot, 3 in missouri and one in north carolina, in addition to the killings in hawaii and massachusetts. these latest deaths bringing disturbing number of officers killed by gunfire alone in 2018 to 33. that s according to officer down memorial page. back to you. jillian: so terrible, thank you,
they can survive a month back and manafort on health caaway f. if you push tax cuts and infrastructure way back, this is waylaid even trump seemed to make that argument last night. he said we have to do this obamacare now, then we ll ge to tax cuts. i think they ll get into tax cuts quickly. phases two and three, they need to start pushing those more. start making the democrats who are running in tough seats in 2018 start saying no why they oppose things selling insurance across state lines. they need to be putting the pedal to the metal and i don t think they re pushing the urgency. we don t know what s in part two and three and unless they re addressing the huge gaps for people on medicaid, unless it gives funding to planned parenthood, i don t think