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As COVID-19 Cases Set Records, Stocks Rally With Help From the Fed

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investingchannel.com

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MarketsandMinds@news.investingchannel.com

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Fri, Nov 6, 2020 02:45 PM

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. Business/Commerce Note: I look forward to when I will not be posting this daily! The US is now ave

[Click to view in browser](. Business/Commerce [November 5 COVID-19 Test Results; Record Cases; Hospitalizations over 53,000]( Note: I look forward to when I will not be posting this daily! The US is now averaging close to 1 million tests per day. Based on the experience of other countries, for adequate test-and-trace (and isolation) to reduce infections, the percent positive needs to be well under 5% (probably close to 1%),... [Read More]( 98 [California voters decide Uber and Lyft drivers are ‘contractors’ as gig workers continue search for a livable wage]( [Read More]( 21 [Blunder #10: Mismanaging Retirement Withdrawals]( You’ve accumulated a large nest egg, making the wrong withdrawals could put your retirement at risk. Individuals with $500k or more should read 13 Retirement Investment Blunders to Avoid. [Click here]( Sponsored Speculation [Federally Fueled Thursday – Fed Stimulus Hopes Lift Markets Higher]( That's what investors are hoping for this afternoon as the Fed winds up their 2-day meeting and we'll have their rate decision at 2pm. It's up to the Fed to save Christmas as we don't even have a President yet, with Joe Biden leading Donald Trump 253 Electoral Votes to 214. You need 270 to win... [Read More]( 91 [How do investors view presidents?]( I often argue that presidents are responsible for about 3% of outcomes, and also that most people overrate the importance of presidents. (Perhaps this is a trait that evolved in pre-historic times, when tribal leaders were relatively more important.) We don’t know the final outcome of the election,... [Read More]( 22 [Option Strategies to Potentially Generate Income]( Passive income generation is the ideal outcome for many investors. Can options help make it a reality? To find out, attend Option Strategies to Potentially Generate Income, a free webinar presented by OIC. [Sign up now to watch for free.]( Sponsored Economics [FOMC Statement: No Change]( Fed Chair Powell press conference video here starting at 2:30 PM ET.FOMC Statement: [Read More]( 80 [What the Heck Just Happened?]( A post-election autopsy of what just happened and whether it matters…. [Read More]( 18 [October Employment Report: 638 Thousand Jobs Added, 6.9% Unemployment Rate]( The current employment recession is by far the worst recession since WWII in percentage terms, and is still worse than the worst of the "Great Recession". [Read More]( You are subscribed to email updates from [InvestingChannel](. To stop receiving these emails, you may [unsubscribe]( now. InvestingChannel, Inc., P.O. Box 118 New York, NY 10018. [Link](

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