Strength of the Market
a weekly blog on what's happening in Financial Markets
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The Strength of the Market is: Strong

Coming off all-time highs, the stock market started this week by taking a breather. The pandemic situation looks to be worsening and new fears have started to emerge on the near-term economic recovery. Although, a vaccine approval and additional stimulus seems to be just around the corner. Last week, economic updates were mixed:

•Jobless Claims - better than expectation •Construction - better than expectation

•Manufacturing - in line with expectation

•Vehicle Sales - worse than expectation

•Employment Situation - worse than expectation


This week, a number of economic reports will be released including Consumer Credit, Small Business Optimism, Consumer Sentiment and Jobs - which will provide us with some updates on the current state of the economy.