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The Week Ahead: What Will The Winter Bring?

We can enjoy two light weeks for economic reports. Both are holiday-shortened, implying lower volume but not necessarily lower volatility. Personal income and spending will be especially interesting, along with updated unemployment claims data. It is also an especially important time to monitor sentiment. The biggest reports are scheduled for the first week of 2021. The calendar will prompt many to offer specific and complex forecasts for next year. Good luck with that! It is necessary for investors to think ahead, but dangerous to drive faster than you can see on a foggy road. A good approach to this is for investors to ask:

FACTBOX 12/17/20: Latin America moves to mitigate impact of COVID-19

Argentina is issuing updates here on government measures taken against the coronavirus. March 10: The government created a ARS1.7 billion ($26 million) fund to buy equipment and medical supplies to combat coronavirus. March 17: The government announced it was increasing funding to its meal programs to secure food and income for the most vulnerable during the pandemic. March 17: The government announced that it would be excepting companies from payroll taxes and reinforcing unemployment insurance. March 20: The government set price control on a basket of basic food items to avoid speculative pricing during the pandemic. March 23: The government created an emergency family income program. Unemployed individuals would receive ARS10,000 ($151) during the month of April.

With colleges at risk of closure, applicants should ask these 5 questions | Opinion

With colleges at risk of closure, applicants should ask these 5 questions | Opinion Updated Dec 16, 2020; By Joseph J. O’Brien Jr. I recently took part in online presentation by the editors of Inside Higher Education, a prominent journal reporting on all things in higher education. The purpose of the presentation was to advise college representatives how to make college affordable. There were no clear answers. While tuition rates at public four-year colleges and private colleges have had the lowest percentage increase in 30 years and the average sticker price for community colleges has been frozen in 14 states and many local districts, the fact remains that this is not what parents and students believe to be the case. Their perception is based primarily on reporting in the media that focuses on the extreme cases of graduates carrying $75,000-$100,000 of student loan debt while being unable to find a good paying job. In fact, the average student loan debt is $32,731 (as of the

Bipartisan Senate COVID-19 Package Should Do More to Combat COVID-19, Remove Wasteful Spending

Toggle open close The ongoing COVID-19 pandemic has caused dramatic damage across the world, both for those infected with the disease and those who have lost jobs, income, education, and physical and mental well-being during the shutdowns and restrictions. Elected officials have sought to address the public health crisis and mitigate the economic fallout of the disease. While the crisis does justify temporary federal activity aimed at providing relief for the emergency at hand, it is not a blank check for wasteful spending. The federal debt has increased by more than $4 trillion since January 1, 2020, and public debt now exceeds the gross domestic product for the first time since World War II.REF It is imperative for legislators to ensure that COVID-19 relief is targeted, timely, and temporary.REF

Dow Jones Rebounds, Futures Climb On Stimulus Compromise; Baidu Looks InTo EVs, Apple To Boost iPhone Output

Dow Jones Rebounds, Futures Climb On Stimulus Compromise; Baidu Looks InTo EVs, Apple To Boost iPhone Output
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