US Shares Lose Ground For A Third Week: US stocks fell this week at the close of trading on Sep. 18. Vanguard Total US Stock Market (VTI) was off fractionally this week, slipping two basis points. Trivial, although the setback was enough to mark the ETF’s first run of three straight weekly declines so far in 2020.
Daily Archives: September 18, 2020
Growth And Momentum Equity Factors Lead Market Rebound
Equity strategies focused on growth and momentum were the top-performing risk factors before the coronavirus crash and nothing’s changed during the market’s rebound from its March 23 low. Although all equity factors have bounced, growth and momentum have bounced higher, based on a set of exchange-traded funds through yesterday’s close (Sep. 17).
Continue reading
Macro Briefing: 18 September 2020
Congress focuses on bill to avoid a government shutdown: WSJ
Judge blocks ‘politically motivated’ changes to US Postal Service: Reuters
China responds to US envoy’s visit to Taiwan with military drills: BBC
US economic confidence rebounds but still far below pre-pandemic level: Gallup
US housing starts fell in August–first monthly setback since April: NMN
Philly Fed Mfg Index: expansion continues in September but at slower pace: MW
US jobless claims fall more than expected, dropping to new pandemic low: CNBC
