Steve Sosnick, Interactive Brokers’ chief strategist, discusses some themes from 2020 and what that means for risk going forward in 2021.
Control of the US Senate will have big implications for investors as will the direction of Fed policy and tech stocks.
Photo Credit: Gayle Nicholson via Flickr Creative Commons
If speculators are disappointed with the performance of the Facebook IPO it is because they had ridiculous expectations of what rational investors would pay.
A glutted market with broad implications.
Monetary tightening is increasing the risk of a technical recession
July inflation data was slightly better than expected. Both overall and core (ex-food-and-energy) prices increased 0.2% MoM. The headline CPI print marked the first sub-3.0% reading since March 2021.
