AUTHOR

Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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Why there are parallels between today’s economy and the Gilded Age
Following the restructuring of First Republic Bank, investors are looking ahead to an eventful week featuring a pivotal Federal Reserve meeting, earnings from large-cap companies including Apple, and market-moving economic data not limited to Payrolls and the Job Openings and Labor Turnover report.
Federal Reserve officials kept rates steady at last week’s Federal Open Market Committee meeting, but a majority of committee members indicated at least two more quarter-point rate hikes were likely before year-end.
The rally accelerated on Friday as a better-than-expected April jobs report eased some concerns about the economy’s strength.