InvestingChannel

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Right after the election, I speculated on the prospect of a bad interregnum. I’d say a coup attempt by a sitting president and a horrific increase in Covid deaths counts as bad:

But now we can see the light at the end of the tunnel. The pace of...

Equities in Canada’s largest centre barely moved as Monday’s session got underway, as a surge in coronavirus cases in China and rising restrictions across the globe triggered concerns around an economic recovery.

The S&P/TSX Composite Index lost 14.35 points to kick off the week at 17,831...

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Expectations are there will be no change to rate policy when the FOMC meets on Tuesday and Wednesday this week.Here are some comments from Goldman Sachs economists:"The January FOMC meeting should be fairly quiet. While the pace of economic recovery has faltered in recent months due to virus...

From the NAR: Existing-Home Sales Rise 0.7% in December, Annual Sales See Highest Level Since 2006Existing-home sales rose in December, with home sales in 2020 reaching their highest level since 2006, according to the National Association of Realtors®. Activity in the major regions was mixed on...

The NASDAQ Composite rose to another record on Thursday as investors bet on strong earnings from big tech companies next week.
The Dow Jones Industrials dipped 12.37 points to 31,176.01.
The S&P 500 eked higher 1.22 points to 3,853.07, eking out another fresh high.
The NASDAQ picked up 73...

From CoStar: US Hotel Occupancy Exceeds 40% During Week of Jan. 16U.S. weekly hotel occupancy climbed back to the 40% mark, according to STR‘s latest data through 16 January.10-16 January 2021 (percentage change from comparable week in 2020):• Occupancy: 40.1% (-31.8%)• Average daily rate...

From the Census Bureau: Permits, Starts and CompletionsHousing Starts:Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,669,000. This is 5.8 percent above the revised November estimate of 1,578,000 and is 5.2 percent above the December 2019 rate of...