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Recovering from COVID
Provided by Nicholas Wealth Management June 7, 2021 With COVID, there were some who believed that progress on this health issue was a necessary precondition to economic recovery. In recent weeks, we have seen some promising trends emerge on the health front. The CDC is reporting the provision of 295 million vaccinations; 51% of Americans…
Read MoreWeekly Economic Update: A streak of optimism as fiscal stimulus boosts the markets; Yellen encourages spending
Presented by Nicholas Wealth Management January 26, 2021 Weekly Market Update In this week’s recap: A streak of optimism on fiscal stimulus and vaccines boosts the markets; Yellen encourages federal spending The Week on Wall Street Anticipation of a new fiscal stimulus and improved vaccine distribution powered stocks to fresh record highs last week with technology…
Read MoreWeekly Economic Update: Mixed Reactions from Markets; Biden Administration Outlines Stimulus Plan
Presented by Nicholas Wealth Management January 19, 2020 Weekly Market Update In this week’s recap: Mixed news elicits a mixed reaction from the markets; incoming Biden Administration outlines stimulus plan. The Week on Wall Street Markets drifted lower last week as uninspired investors digested mixed news on the economic front. The Dow Jones Industrial Average…
Read MoreWeekly Economic Update: Stock Market Starts 2021 on a High; Disruption at the Capitol
Presented by Nicholas Wealth Management January 11, 2020 Weekly Market Update In this week’s recap: Despite continued COVID-19 woes and unrest in Washington D.C., the stock market starts 2021 on a high. The Week on Wall Street Shrugging off COVID-19 infections and the disruption at the Capitol on January 6, stocks powered higher to kick…
Read MoreWeekly Economic Update: Stocks Hit Record High; Market Reactions on Stimulus Checks and Vaccine
Presented by Nicholas Wealth Management January 4, 2020 Weekly Market Update In this week’s recap: Happy New Year! Stocks hit record highs and have varied reactions on stimulus checks and another potential vaccine. The Week on Wall Street Stocks moved higher during a holiday-shortened week of trading, capping off a turbulent, but otherwise strong year…
Read MoreWeekly Economic Update: COVID-19 Vaccine Leads Positive Market Reactions; Stimulus Talks Continue
Presented by Nicholas Wealth Management December 21, 2020 Weekly Market Update In this week’s recap: A rollout for a COVID-19 vaccine led to a positive reaction from the markets; stimulus talks continue. The Week on Wall Street Stocks climbed higher amid the COVID-19 vaccine rollout and an improving outlook for a fiscal stimulus bill. The…
Read MoreWeekly Economic Update: DOW Hits 30,000 Milestone; Janet Yellen Nomination for Secretary of Treasury
Presented by David Nicholas December 1st, 2020 Weekly Market Update In this week’s recap: Dow Jones Industrial Average hits 30,000 milestone in response to promising vaccine news and lessening political uncertainty; former Fed chair Janet Yellen nominated as Secretary of the Treasury. The Week on Wall Street Stocks surged last week, ignited by another COVID-19…
Read MoreCoronavirus Vaccines and the Economy
Provided by David Nicholas November 23, 2020 As the United States sees a rise in cases of COVID-19 across the nation, news of two promising vaccines out of hundreds being tested has offered a ray of hope for a fatigued world.1 A positive reaction to these vaccines affects every aspect of human life, including the…
Read MoreWeekly Economic Update: Market Anxieties Despite Anticipated Vaccines; Limited Economic Activity
Presented by David Nicholas November 23, 2020 Weekly Market Update In this week’s recap: New COVID-19 infections drive market anxieties, despite anticipated vaccines; Fed Chair Powell warns that continued infections may limit economic activity for months. The Week on Wall Street Despite news of another COVID-19 vaccine candidate, stocks were mixed amid investor anxiety over…
Read MoreWeekly Economic Update: COVID-19 Vaccine Spurs, Market Rallies
Presented by David Nicholas November 16, 2020 Weekly Market Update In this week’s recap: A COVID-19 vaccine spurs a stock market rally, even as more cases are reported and some areas renew lockdowns. The Week on Wall Street News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in…
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