Fasten Your Seatbelts: I'm not much for predictions because as the past week's events show, you just never know. But for investors, there's a good chance the fourth quarter—October, November and December—might be a tad uncomfortable. For one thing, the markets, especially with the unknowns surrounding President Trump's health, seem to be in that spooky stage now. Last week, the S&P was up, but Trump's positive COVID diagnosis spoiled the party Friday as did the jobs reports. The unemployment rate ticked down—661,000 jobs were added in September. But the rate is slower than the summer and another 837,000 Americans filed for unemployment claims. And more layoffs are on the way: companies from Disney and Shell to American Airlines and Allstate announced plans to put thousands more on the street. And who knows how investors will react if the election results are disputed. In any event, it is always a good thing to heed the advice of former Money magazine editor and … [Read more...] about How to Stay Cool, Calm and Collected in a Crazy Stock Market | Opinion
Donald trump debate
Sunday shows preview: All eyes on Biden administration to tackle coronavirus
“Fox News Sunday” — Romney; Sen. Marco RubioMarco Antonio RubioSunday shows preview: All eyes on Biden administration to tackle coronavirus Rubio: Biden 'talking like a centrist' but governing 'from the radical left' The Hill's Morning Report - Biden's crisis agenda hits headwinds MORE (R-Fla.), CDC Director Rochelle WalenskyRochelle WalenskyCDC gets a second opinion: Seven steps to heal our COVID-19 response Biden inauguration marks shift in scattered COVID-19 response Biden expected to ask surgeon general to resign after inauguration ceremony: report MORE … [Read more...] about Sunday shows preview: All eyes on Biden administration to tackle coronavirus
Coronavirus: Germany to use new antibody-based drug
"From an epidemiological point of view, it is not clear to me why an early easing (of restrictions) is being discussed now," Hajo Zeeb of the Leibniz Institute for Prevention Research and Epidemiology told Germany's dpa news agency, citing ongoing "deadly" infection rates. … [Read more...] about Coronavirus: Germany to use new antibody-based drug
Here’s The Smartest Way to Spend Your $1,400 Stimulus Check, If It Passes
The emergency pandemic relief package, dubbed the American Rescue Plan, still faces significant hurdles on the path to becoming law. Several moderate Republican lawmakers have expressed reservations, suggesting it will be tough to get the 60 votes needed to pass in the Senate, given its current even split between GOP and Democratic members, though with some procedural maneuvering, a slim majority might be enough. Even if it does pass, the timing is unclear, as the upcoming impeachment trial of former President Donald Trump, along with confirmation hearings for various members of the Biden administration, could cause delays, prompting some observers to suggest it could be spring before Americans see any new stimulus money. … [Read more...] about Here’s The Smartest Way to Spend Your $1,400 Stimulus Check, If It Passes
Four presidents take a stand
Looking back on this extraordinary month, Julian Zelizer noted that it was not a given that democracy would prevail. "What was extraordinary about the past few weeks was just how frail our constitutional system can be in an era of intense polarization and when one party has been radicalized. When a President and his party are willing to do whatever is necessary to achieve and retain power, it's possible that the system we cherish won't function. Had Republicans controlled the House of Representatives or had the election been closer, it isn't hard to imagine how the effort to overturn the results might have been successful." … [Read more...] about Four presidents take a stand