Midas Letter

Stimulus Update: How Stock Market Will React


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Yesterday we highlighted the massive Bazooka the Fed Fired at Markets. A $900 billion injection of cash into the economic system in the form of direct payment cheques, small business protection, unemployment benefits, and vaccine distribution. U.S. jobless claims jumped back to their highest level in three months and are trending back in a worrying direction. […]
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Midas LetterBy James West and Ed Milewski