Right now, the market is much more concerned about inflation data than any political arguments about the nature of unemployment, and therefore are looking at productivity and cost numbers rather than the notoriously fickle weekly claims.
For the first time in its history, Nasdaq was named to the Fortune 500 list of America’s largest companies by revenue, joining an esteemed list of public and private companies whose combined revenue represented two-thirds of the U.S. economy in 2020.
We take a quick look at how large, small and microcap companies contribute to the total market cap and liquidity that makes the U.S. markets the envy of the world.
One of the things that a couple of decades in dealing rooms around the world taught me was that no matter where you were, traders and markets always overreact
If any doubt persisted over the first months of the year, it has now become clear that this past winter’s dry conditions will not be reversing anytime soon.
With a relatively quiet economic and earnings calendar for today, equities are likely to trade sideways ahead of tomorrow's May ADP Employment Change Report and Friday’s May Employment Report.
While we recognize the importance of focusing on vaccine distribution, it is shortsighted to ignore the call for other important tools to protect ourselves in the fight against COVID.