Daily Profit
Covid Cases: California Shutdown Part 2?
Covid cases have been surging in 29 states. Several states have been breaking their own daily records for new Covid cases over the past two weeks. The situation is… Read more
America Has 20% of World’s New Covid-19 Cases
The U.S. accounted for 20% of new Covid-19 cases globally on Sunday. The number of new Covid-19 cases in the U.S. is concerning. The U.S. accounts for just 4.3%… Read more
Fauci Says Nightmare is Not Over
As Covid-19 cases continue to rise in the U.S., President Trump’s infectious disease expert says . . . coronavirus is the worst nightmare. Dr. Anthony Fauci says that coronavirus… Read more
What to Make of the Mixed Economic Data
In a recent article I pointed out that market volatility is most likely here to stay. That can make investors uncomfortable with sharp day to day swings in either… Read more
Why the Wealthy Are NOT Spending
The retail sales report earlier this week was definitely good news. Leave to researchers at Harvard to put a damper on it. Economists at Harvard have been tracking U.S…. Read more
Dow Drops 10% in 5 Days, Up 7% in 2: What It Means for Your Money
Last week the Dow dropped 10% in just five days. Now, it is up 7% in just two days. What gives? In a word: Volatility. But savvy investors are… Read more
Top 3 States with Surging New Cases
America is emerging from “stay-at-home” orders but new cases are surging in certain hotspots. Covid-19 cases appear to be falling in states across the Northeast and Midwest. And places… Read more
Why the Dow Is Soaring 700 Points Today
Stocks are off to a solid start after May’s retail sales report blew all expectations out of the water. Economists believed we’d see a bump in retail sales as… Read more
Are Dividend Cuts Always Bad News?
Dividend cuts are often not good news, especially if you own a stock precisely for its dividend. But, sometimes, a cut isn’t actually bad news, but that mostly depends… Read more