Market News | Nirvana Systems Inc.

0 Is the Santa Claus Rally Real?

Most traders and investors have probably heard of the Santa Claus Rally. This refers to the belief that the market usually posts gains in the trading week following Christmas. Some people extend the Santa Claus Rally to include the full month of December. Yet before we start putting our hard-earned money on long positions based […]

0 Personal Finance Daily: Why the new surge in coronavirus cases could be so damaging to Americans’ finances and 5 items NOT to buy during Black Friday

Turkey Day is on its way… Until then, don’t miss these top stories:

0 The Moneyist: ‘Thanksgiving dinner doesn’t need two headless chickens fighting over the soul of the nation’: If you must talk politics, read these rules of engagement first

There is a golden rule for dealing with difficult, emotive issues.

0 ‘It would be incredible if Jeff Bezos could maybe just hold off for a day’: Small business owners can’t compete with Amazon’s Black Friday deals

When Joey Clark was able to reopen Kin, a boutique women’s clothing store located in Philadelphia, in June after being closed since early March, her customers couldn’t bear to look at dresses she so desperately wanted to sell to free up shelf space.

0 Futures Movers: Global oil benchmark trades at 8-month high on COVID vaccine optimism

Oil futures extended gains Tuesday, a day after the global crude benchmark closed at an eight-month high, as bullish traders cheered progress toward a vaccine.

0 U.S. media is far more pessimistic in covering the coronavirus pandemic than anyone else

It was sometime after the end of the first coronavirus wave that Bruce Sacerdote, a professor of economics at Dartmouth College, noticed something puzzling. “We were doing lots of staying at home and social distancing, and you could see the case numbers coming down, and I and my co-authors are watching the TV obsessively, and […]

0 The Trump administration may privatize Fannie Mae and Freddie Mac — and it could disrupt the nation’s housing-finance system

Fannie Mae and Freddie Mac have been kept in conservatorship limbo for over a decade now. But the Trump administration may move to end that before leaving office in January.

0 From jobs to child care: How this second surge in COVID-19 can damage your finances — as well as your health

Coronavirus infection tallies are climbing relentlessly right now, but case counts aren’t the only measurement going the wrong direction. A growing number of people are finding it tough to afford enough food, pay for typical household goods and stay current on their rent and mortgage compared to five weeks prior, according to running statistics from […]

0 Need to Know: If Wall Street’s S&P 500 forecasts for 2021 are wrong, these stocks will prevail, says Stifel strategist

Optimism is in the air for Tuesday, as the formal transition process for President-elect Joe Biden got the green light from the current White House administration, and former Federal Reserve chair Janet Yellen drew some Wall Street cheers as his Treasury secretary appointee.

0 Outside the Box: Why these 5 U.S. cities will bounce back from COVID-19 faster and stronger

The “death of the city” theme has been around for the better part of a century, and yet many cities clearly have found ways to thrive. Even in the midst of a crisis, investors in cities can find opportunities for growth and income. That’s especially true now as people move from cities to the suburbs […]

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