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Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week. Getty Images / Jack Taylor
Hello and welcome to Insider Investing. I m Joe Ciolli, and I m here to guide you through what s been happening in markets. Here s what s on the docket:
For our Rising Stars of Equity Research list, we selected 19 young analysts 35 and under covering a wide range of sectors from gaming to natural gas. The group hails from top Wall Street firms including Bank of America, JPMorgan, and Morgan Stanley.
The US economy is poised to grow at its fastest pace since 1984. With a recovery that brisk, expect plenty of strange developments over the next few months. Doug Mills-Pool/Getty Images; Samantha Lee/Insider
Economists expect the US economy to grow at its fastest pace since 1984 this year. Insider senior correspondent Aki Ito digs into what led to the boom, and what it means going forward for an American populace still feeling the unique effects of a historic downturn.
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Your weekly outlook
The past week in the stock market saw a few more flashes of the long-awaited rotation out of mega-cap tech stocks, and into beaten-down value names. On Monday the tech-heavy Nasdaq 100 bottomed out more than 10% below recent highs before saving some face later in the week. Many popular meme stocks were collateral damage.
But the Nasdaq may have an ace in the hole in the form of the $1,400 stimulus checks due to hit Americans bank accounts as soon as this weekend. A recent survey from Deutsche Bank found that half of all people between the ages of 25 and 34 plan to use the money to buy stocks.