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The unprecedented $1.9 trillion stimulus package will support massive consumer acceleration, says investment bank Cowen. Insider breaks down the 3 key drivers for consumer acceleration, according to Cowen analysts. And list the 14 consumer-focused stocks set to benefit from the stimulus checks. Senate Democrats are preparing to pass President Joe Biden s $1.9 trillion coronavirus stimulus this week with or without Republican support, after the House voted to pass the American Rescue Plan Act. The bill includes $1,400 stimulus checks, $400 federal unemployment benefits, and aid to state and local governments. The unprecedented $1.9 trillion stimulus package supports massive consumer acceleration, according to investment bank Cowen in a February 16 research note. ....
This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Goldman Sachs says Americans have added $1 trillion to money market mutual funds in the pandemic. That means retail traders influence on the market should only grow in the months ahead. Goldman says that money could continue to blow up big short bets, just like it did with GameStop. The GameStop short squeeze and stock bonanza might have felt like a once-a-decade or once-in-a-lifetime event, but Goldman Sachs says it could happen again, and soon. Even if there were many ways the social media-fueled frenzy in GameStop and AMC Networks and Bed Bath & Beyond was unique, many of its most notable ingredients are still there, according to Goldman Sachs. Chief among them are these two: There are a lot of big short bets on the market, and retail investors still have a ton of money. ....
JP Morgan equity analysts are saying 2021 will remain a stockpickers paradise in a research note. The analysts are bullish on smid-cap stocks based on their analysis of the state of the market. We list the firm s top 22 investment ideas in the small- and mid-cap space. At the start of the year, JPMorgan equity analysts advised investors there would still be upside opportunities in the market, despite what could be a rocky first quarter with COVID-19. What transpired was a very strong two-month rally that built on the soaring gains in the small- and mid-cap market over the previous year. The Russell 2000 index has gained nearly 16% so far in 2020, compared with a 4.5% gain in the S&P 500. ....