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Cannabis Stocks, Cruise Lines Have A Lot To Gain From A Biden Victory
Thursday, October 22, 2020 - 1:25pm | 554Heading into Thursday night’s final presidential debate between President Donald Trump and former Vice President Joe Biden, Biden has a commanding lead in most polls and online prediction markets. The stock market has a lot riding on the election outcome, but Sevens Report's Tom Essaye...
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Why The US Senate Majority Could Be Worth $5T In Stimulus
Wednesday, October 21, 2020 - 1:14pm | 442Democrat Joe Biden has consistently held an 8% to 11% lead over President Donald Trump in national polls, and investors seem to be increasingly pricing in a Biden victory in the upcoming election. The race for control of the Senate is much closer, and it could be the key to more than $5 trillion in...
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Why A 'Prolonged Recession' Might Not Be Terrible For Investors
Friday, May 15, 2020 - 2:00pm | 553Stocks slumped this week after Federal Reserve Chair Jerome Powell warned Americans about the possibility of a “prolonged recession.” While that phrase may sound pretty scary to investors, Sevens Report’s Tom Essaye said Thursday stock prices may hold up much better in 2020 than...
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Federal Reserve Issues Emergency 0.5% Interest Rate Cut, Cites 'Evolving Risks' From Coronavirus
Tuesday, March 3, 2020 - 11:56am | 770In an emergency measure, the U.S. Federal Reserve cut interest rates by 0.5% on Tuesday, citing concerns about the negative economic impact of the COVID-19 coronavirus outbreak. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25...
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Would An Interest Rate Cut Calm The Stock Market?
Monday, March 2, 2020 - 3:45pm | 626U.S. markets roared back Monday from last week’s sell-off. However, the S&P 500 is still down 11.1% overall since Feb. 19, and many experts believe the worst of the coronavirus outbreak that has spooked the market is yet to come. To Cut Or Not To Cut? Given last week’s stock market...
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4 Biggest Questions Investors Need Answered By 2020
Wednesday, November 27, 2019 - 10:45am | 436Now that third-quarter earnings season has mostly been completed and investors are entering the relatively low-volume holiday season, it can be tempting for investors to put their portfolios on cruise control until the end of the year. However, the Sevens Report’s Tom Essaye said Tuesday...
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Understanding US-China Trade Negotiations: The Ultimatum Game
Wednesday, June 12, 2019 - 3:52pm | 743Trade negotiations between the U.S. and China stalled last month, leaving investors with little insight on when to expect a potential trade resolution. DataTrek Research co-founder Nicholas Colas recently discussed the impact cultural differences between the U.S. and China may have on the...