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Michael Halloran May 24, 2021
The Conference Board’s Leading Economic Index and CEO Confidence Index, Markit’s preliminary May business surveys, and jobless claims all sent positive signals for the strong economic recovery.
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Gregory M. Drahuschak May 21, 2021
If past is prologue, stock market performance was poised to react to recent changes in the price of oil.
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Michael Halloran May 17, 2021
Stocks sold off last week on higher-than-expected inflation readings.
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Michael Halloran May 13, 2021
The Biden administration is set to raise corporate taxes as part of the $2.25 trillion American Jobs Plan, which seeks to raise $2 trillion in tax revenue over 10 years in order to fund the new infrastructure-focused spending package.
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Gregory M. Drahuschak May 13, 2021
For decades, the equity and debt markets struggled with widely varying rates of inflation that at times put the entire economy in jeopardy. Once again, the potential for rising inflation and interest rates is on investor’s minds.
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Michael Halloran May 10, 2021
Stocks rose again last week and we continue to see signs of a strong economic recovery.
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Mark Luschini, Guy LeBas and Gregory M. Drahuschak May 7, 2021
Janney's analysts discuss inflation and stock trends.
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Mark Luschini, Guy LeBas and Gregory M. Drahuschak May 6, 2021
Janney's analysts discuss the global pandemic's impact on the economy.
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Michael Halloran May 3, 2021
Stocks had another strong performance in April, with the S&P 500 Index adding 5.2%, its biggest one-month gain since November.
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Guy LeBas April 28, 2021
It is unclear whether Federal Reserve officials are meeting in person or via Zoom. After all, it seems likely that most if not all FOMC members are fully vaccinated, but perhaps they’re trying to set a conservative example.
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Michael Halloran April 26, 2021
We continue to be impressed by the incoming economic data, which is consistent with a broad-based economic recovery.
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Gregory M. Drahuschak April 21, 2021
In seven trading sessions following the date of this report, investors will be bombarded with articles talking about selling in May as we enter what for years has been touted as the stock market’s weakest six months of the year.
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Guy LeBas April 20, 2021
Exactly 12 months ago, in the depths of the worst public health crisis in at least a generation and in the tail end of the worst financial crisis in a decade, we published a note titled Coronavirus and the Municipal Bond Market.
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Gregory M. Drahuschak April 20, 2021
It would be reasonable to think economic growth would parallel stock market movement closely, but data show this is not necessarily true. The correlation between stock returns and economic growth not infrequently is negative.
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Michael Halloran April 19, 2021
Stocks made new highs again last week, with the S&P 500 Index up 1.4%. Incoming economic readings continue to show an accelerating economy supported by reopenings, vaccines, and massive government stimulus.
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Michael Halloran April 12, 2021
Stocks continue to make new highs, with the S&P 500 Index up 2.7% last week, as economic readings continue to show an accelerating economy supported by reopenings, vaccines, and massive government stimulus.
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Mark Luschini, Guy LeBas and Gregory M. Drahuschak April 12, 2021
Janney's analysts discuss inflation and stock trends.
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Mark Luschini, Guy LeBas and Gregory M. Drahuschak April 8, 2021
Janney's analysts discuss the global pandemic's impact on the economy.
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Michael Halloran April 5, 2021
Stocks remain well supported, with the S&P 500 Index crossing 4,000 for the first time last week, as the incoming data show an accelerating economy with the reopenings, supported by vaccines and massive stimulus.
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Michael Halloran March 31, 2021
After recent passage of the $1.9 trillion American Rescue Plan designed for pandemic relief, President Biden has now turned attention to his infrastructure plan.