What Happened This Week 1/25/2019

What Happened This Week 1/25/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  After 35 days, the United States government is open for business! 420,000 government employees will receive $6 billion in backpay as Trump agreed to open the government in exchange for $0 in funding for a US-Mexico wall. White House chief economic advisor, Kevin Hassett, announced that the US could post zero growth in the first quarter of 2019 due to the shutdown. […]

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What Happened This Week 1/18/2019

What Happened This Week 1/18/2019

WHAT HAPPENED THIS WEEK? ⚡️ Fast Facts ⚡️  Strong Q4 bank earnings helped continue the Dow and S&P’s recent surge as Goldman Sachs (GS) and Bank of America (BAC) both beat expectations after-hours on Tuesday as they jumped 10% and 7% respectively following the news. 🇨🇳 China announced on Monday its imports fell by 7.6% from last December, the biggest decline since 2016, while exports fell 4.4% due to […]

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What Happened This Week 1/11/2019

What Happened This Week 1/11/2019

WHAT HAPPENED THIS WEEK?   Fast Facts ⏱A long-term shutdown would make the economy’s future significantly harder to predict, cautioned Federal Reserve Chair Jerome Powell on Thursday. He also announced that the Fed would be “waiting and watching” the strength of the market in regards to future rate hikes.   🗣Trade talks with China were boosted Monday when President Xi Jinping’s top aide, Vice Premier […]

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What Happened This Week 1/4/2019

What Happened This Week 1/4/2019

WHAT HAPPENED THIS WEEK?   Freeze All Market Functions The government shutdown has poured into 2019 as it reaches week two 🗓 of the partial closing of several federal departments. Beginning the night of December 21st, the shutdown forced nearly 400,000 federal workers to spend the holidays at home without a paycheck. In addition, it is taking a toll on our current economy while potentially […]

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