Daily Profit
Federal Reserve: No Quick Rebound
The Federal Reserve is worried. The central bankers released the minutes from the last Fed meeting on Wednesday and they weren’t pretty. In the notes from the Fed meeting,… Read more
Will Surging Covid-19 Cases Derail U.S. Recovery?
The U.S. economy added 4.8 million jobs in June, says a new report from the Bureau of Labor Statistics. That brought our national unemployment rate down to 11.1% and… Read more
Don’t Expect a Second Quarter Repeat
The second quarter of 2020 came to an end on Tuesday, and what an end it was! The S&P 500 gained 19% in the second quarter, its best quarterly… Read more
Fed Chairman: The Next Stimulus Check
Fed Chairman Jerome Powell and Treasury Secretary Steven Mnuchin testified before Congress and the House Financial Services Committee. In prepared testimony, Jerome Powell said that the economic recovery had… Read more
Fed To Banks: No Dividends For You
Banks are struggling to pay bank dividends, but there’s another way to lock in income. Click here to find out how. Dividend investors typically own a lot of bank… Read more
CDC Issues Warning for Americans
The Centers for Disease Control (CDC) just issued a warning . . . The actual number of cases is 10X higher than the official count, the CDC said in… Read more
In a World That’s Deeper in Debt, Here’s Why Cash Is King
Officials in Washington and around the world have pulled out all the stops in terms of both easy monetary and fiscal policies in a determined effort to bridge the… Read more
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