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January 16, 2021

Street

91-year-old man with dementia forms special bond with kids across the street:

CBS News
CBS News – For more and to sign up click here Gene McGehee couldn’t believe his good fortune. When the 91-year-old stepped outside his house in Vidalia, Louisiana, this week, he discovered a bunch of kids from the daycare across the street who were willing and wanting to include him......

Citigroup is set to report fourth-quarter earnings – here’s what the Street expects

CNBC
CNBC – For more and to sign up click here Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report......

Trump bank regulator incurs Wall Street ire on his way out the door

CNBC
CNBC – For more and to sign up click here An oil pipeline stretches across the landscape outside Prudhoe Bay in North Slope Borough, AK on May 25, 2019. Bonnie Jo Mount | The Washington Post | Getty Images The Office of the Comptroller of the Currency finalized a rule......

Trump’s business prospects just got dimmer as Wall Street backs away from tarnished brand

CNBC
CNBC – For more and to sign up click here More than two decades ago, Donald Trump the New York developer found refuge at Deutsche Bank after a syndicate of lenders, including predecessor firms to JPMorgan Chase and Citigroup, cut ties with him. Now, after followers of President Trump laid......

V-shaped recovery is in ‘tatters,’ and Wall Street doesn’t seem to care: Economist Stephen Roach

CNBC
CNBC – For more and to sign up click here Economist Stephen Roach sees trouble on Wall Street. His observation: The market is placing too much emphasis on the Federal Reserve holding interest rates at zero to prevent the economy from falling into another recession. “That gives markets conviction to......

Wall Street analysts are cautiously optimistic on J&J’s ‘one-dose’ Covid vaccine

CNBC
CNBC – For more and to sign up click here Johnson & Johnson Coronavirus vaccine illustration Dado Ruvic | Reuters LONDON — Health care systems around the world are struggling to cope with rising numbers of Covid-19 infections as they race against the clock to vaccinate the vulnerable.  The three vaccines......

Stock futures are flat after Wall Street closed at record highs to end last week

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Stock futures held steady in overnight trading Sunday as investors assessed the outlook for more Covid-19 relief stimulus. Futures on the Dow Jones Industrial Average dipped just 15......

As the new year kicks off, top Wall Street analysts are bullish on these stocks

CNBC
CNBC – For more and to sign up click here A Southwest Airlines Boeing 737 passenger jet Robert Alexander/Getty Images Wall Street is calling for recovery, reflation and rotation this year amid continued accommodative monetary and fiscal policy, according to analysts. Among the bulls, strategists from J.P. Morgan estimate that......

COVID-19 vaccine mess hinders Wall Street and NYC

NYPost
Charles Gasparino Lost in the mayhem in DC over the past few days has been Wall Street’s move to quietly delay — yet again — a full return to their New York headquarters. Originally the return was expected for this summer, but now I’m hearing that workers won’t come back......

Capitol chaos and a record market rally: Traders on the disconnect between Washington and Wall Street

CNBC
CNBC – For more and to sign up click here Washington and Wall Street are seemingly existing in two different realities. After a chaotic day at the Capitol on Wednesday, the three major indexes rallied to new records, undeterred by continued political unease. Nancy Tengler, chief investment officer at Laffer......

Stock futures little changed after Wall Street hits new record highs

CNBC
CNBC – For more and to sign up click here Traders work on the floor of the New York Stock Exchange. NYSE Investors will get a key piece of economic data on Friday morning when the Labor Department releases its monthly jobs report for December. Economists surveyed by Dow Jones......

Coronavirus surge will spark ‘reckoning’ on Wall Street this month, National Securities’ Art Hogan warns

CNBC
CNBC – For more and to sign up click here National Securities’ Art Hogan sees trouble brewing in the market. Even though the major indexes closed higher on Tuesday, he sees the coronavirus case surge overtaking positive vaccine news as a market driver — resulting in a 5% to 8%......

Airbnb gets skeptical Wall Street analyst calls after stock price more than doubled from debut

CNBC
CNBC – For more and to sign up click here The Airbnb logo is displayed on the Nasdaq digital billboard in Times Square in New York on December 10, 2020. Kena Betancur | AFP | Getty Images Wall Street analysts see plenty of growth ahead for Airbnb’s business, but they......

Top Wall Street analysts are backing stocks like DraftKings and Peloton as 2021 kicks off

CNBC
CNBC – For more and to sign up click here Pedestrians walk by a T-Mobile store in New York. Scott Mlyn | CNBC According to some Wall Street experts, there’s still plenty of fuel left in the tank, even after the stock market closed out the year at record highs.......

Republican senators in Georgia runoffs get late boost from real estate, Wall Street donors

CNBC Real Estate
Republican Sens. Kelly Loeffler and David Perdue, facing tight runoff elections Tuesday in Georgia, have received a late surge of donations from the real estate and financial industries. Their Democratic challengers, Raphael Warnock and Jon Ossoff, respectively, have otherwise enjoyed a fundraising edge in the races, which will determine whether......

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