Most of the major asset classes posted gains during the holiday-shortened trading week through Thursday, Dec. 23, based on a set of ETFs. But with several risk factors lurking in the final trading days of the year, investors are wondering if last week’s recovery in asset prices will extend to the closing bell for 2021.

Continue reading →

* US holiday spending rose at fastest pace in 17 years, credit card data shows
* Rethinking Goldman’s forecast of slower growth based on demise of BBB bill
* Many food manufacturers say they plan to hike prices in 2022
* Flight cancellations continue to mount due to rise in Covid cases
* Jobless claims for US remain near multi-decade low
* New US home sales rose 12.4% in Nov–biggest monthly gain in more than a year
* Durable goods orders for US rose more than forecast in November
* US consumer sentiment revised up slightly for December
* US personal income and spending rose for a second month in November: