Archive for September 21st, 2020

Deeper Analysis

U.S. Stock Market of Trump Compared to Earlier Presidencies

September 21, 2020

The favorable impression of the stock market performance during President Trump’s first term reflects in large part two factors: the very low unemployment level until just before the pandemic began and the appreciation of U.S. equity prices. The performance of the Dow Jones Industrials duringĀ  Donald Trump’s stewardship, however, has not been nearly as stellar […] More

New Overnight Developments Abroad - Daily Update

Broad Decline in Equities and Strengthening Moves in the Yen and Dollar

September 21, 2020

Japanese markets were closed today for Respect for the Aged Day and will remain so Tuesday for the Autumnal Equinox holiday. Elsewhere in the Pacific Rim, stock markets have dropped 2.3% in India, 2.1% in Hong Kong, 1.2% in Indonesia, and 0.7% in Australia and New Zealand. Selling intensified in Europe, where equities so far […] More