- When buying a new car is cheaper than buying a used one – Edmunds.com
- The best time to buy an airline ticket – WSJ
- Don’t get an MBA – Philip Delves Broughton, The Economist
- Why we use debit cards instead of credit cards – David Evans
AUTHOR
Mick Weinstein
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As winter sets in, Covid-19 and economic uncertainty loom
It appears the US is on the path to completing trade deals with the largest countries in the world which will change the terms of trade between the respective areas. And then there was the signing of the Genius Act.
Stocks rallied this week as investors shifted their attention to the Federal Reserve’s upcoming May meeting, with strong earnings from several mega-cap technology companies offsetting renewed regional banking jitters and weak economic data.
The cooler-than-expected CPI report initially pushed equities higher after the news, but once implied volatility reset, the rally fizzled, and choppy price action took over.