Your daily source for trading strategies, tech news, and politically incorrect humor.
Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
What is something that Warren Buffett says when it comes to investing with long-term goals in mind?
Hint: It begins this way. “You can’t produce a baby in one month by….”
Think you know the answer? You can check it in the closing area down below!
Image Source: Morning Bullets
The stock market was poised for additional gains this morning after a big day yesterday. Investors have been optimistic about the vaccine rollout in the U.S., and the continued stimulus talks.
Today the government issued its consumer spending report, which economists expect will reflect losses for November compared to increases in October.
And the Federal Reserve concludes its final meeting of 2020. Chairman Jerome Powell will hold a news conference after the policy statement is released this afternoon.
McConnell has said that lawmakers will not go home for Christmas until an additional stimulus deal is signed, “no matter how long it takes.”
Other Top Financial News
What does the perfect stock look like?
Image Source: CNBC
Although congressional leaders appeared optimistic after a meeting that went late into the night yesterday, it remains unclear exactly when anything will actually happen when it comes to another stimulus package.
Yesterday, House Speaker Nancy Pelosi, Senate Majority Leader Mitch McConnell, and Senate Minority Leader Chuck Schumer met to speed things along. Treasury Secretary Steven Mnuchin also called into the discussion.
When they left both McConnell and Schumer said an understanding would be reached “soon.”
Market Movers & Predictions