News Affecting Your Wealth Dominated The Headlines This Past Week
Published Wednesday, December 31, 1969 at: 2:00 PM EST
News affecting your wealth dominated the headlines this past week. Here's a recap. The House of Representatives released details of a proposal revising the U.S Tax Code substantially. Jerome Powell was nominated by President Trump to replace the current Fed chair, Janet Yellen. The unemployment rate dropped to 4.1% in October, the lowest since December 2000. A surprising burst in productivity occurred last quarter, offsetting rising benefits and wages. The Standard & Poor's 500 closed at an all-time high for the second week in a row.
- Fed Says It Will Stick To Its Plan, As Bond Yield Rises
- Amid Strong Crosscurrents, Stocks Sank 2.5% This Past Week
- A New Rover Landed On Mars And Stocks Closed Lower For The Week
- Ironically, Amazon Profits By Perpetuating Stock Bubble Myth
- Stocks Closed At A New Record High: Can The Party Last?
- Don’t Fall For It
- Housing Boomed Again In December
- The Bad And Good Financial News This Week
- Stocks Set New High Closing Price Amid Turbulence
- Stocks Gained +16% in 2020; Wall Street Expects +7.6% In 2021