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Market Watch 666 For 06June 2021

Written by rjs, MarketWatch 666May s employment report; April’s construction spending, factory inventories, et al The most significant economic report released this past week was the Employment Situation Summary for May from the Bureau of Labor Statistics; other major monthly government agency issued reports released during the week included the April report on Construction Spending (pdf) and the Full Report on Manufacturers Shipments, Inventories and Orders for April, both from the Census Bureau. ....

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Infographic: The State Of Jobs Recovery

Infographic: The State Of Jobs Recovery
ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.

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Stimulus: A Windfall (and Danger) for Stocks


Investing Daily
Uncle Sam wants YOU…to trade stocks.
The U.S. House on Wednesday approved the Senate-passed version of President Biden’s $1.9 trillion coronavirus relief package. Biden intended to sign the bill Friday but surprisingly announced he would do so a day earlier, on Thursday. With the bill’s provisions for $1,400 stimulus checks, stocks are likely to benefit as many individual investors plow their government windfall into online trading.
Deutsche Bank (NYSE: DB) of 430 retail investors found that on average they plan to devote 37% of any stimulus checks directly into stocks, which the bank calculates could represent an inflow into the market of $170 billion. Half of survey respondents between 25 and 34 years old plan to spend 50% of their stimulus payments on stocks. ....

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