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WealthVest: The Weekly Bull & Bear Launches Season 6 Premiere

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Stocks Have Surged The Most Since FDR During Biden's First 100 Days : NPR

The S&P 500 surged 11% in President Biden s first 100 days, the best performance since Franklin D. Roosevelt started his first term in 1933. ....

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Biden Wants To Go Tough On Wall Street. The Response? The Best Rally Since FDR - NPR News

5 hours ago
by David Gura (NPR)
Play Audio
People walk near the Wall Street Charging Bull statue on July 23, 2020, in New York City. Stocks have rallied during President Biden s first 100 days even as he has promised to raise taxes on corporations and wealthy investors and to go tougher on Wall Street.
Image credit: Michael M. Santiago
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President Biden wants to raise taxes on corporations and wealthy investors. His top market regulator has promised a tougher approach. And leading Democrats who control Congress are proud adversaries of moguls and money managers. ....

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Biden Wants To Go Tough On Wall Street. The Response? The Best Rally Since FDR

David Gura
President Biden wants to raise taxes on corporations and wealthy investors. His top market regulator has promised a tougher approach. And leading Democrats who control Congress are proud adversaries of moguls and money managers.
So, how has the stock market responded?
With a rally that has sent the S&P 500 to an 11% surge in Biden s first 100 days, the best performance by the various versions of the index since Franklin Delano Roosevelt started his first term in 1933,according to an NPR analysis of S&P data.
The stock market is on fire, says Greg Valliere, Chief U.S. Policy Strategist at AGF Investments. ....

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Audio: Biden Wants To Go Tough On Wall Street. The Response? The Best Rally Since FDR

So, how has the stock market responded?
With a rally that has sent the S&P 500 to an 11% surge in Biden s first 100 days, the best performance by the various versions of the index since Franklin Delano Roosevelt started his first term in 1933,according to an NPR analysis of S&P data.
The stock market is on fire, says Greg Valliere, Chief U.S. Policy Strategist at AGF Investments.
It has astonished veteran observers, and it may have a ways to go.
So what explains the rally?
For many experts, it boils down to the U.S. economy.
President Biden s administration has overseen a rapid rollout of vaccines and passed a $1.9 trillion stimulus plan that poured more money into households and businesses even after Congress had already passed trillions of dollars in stimulus. ....

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