Markets Fall As Economy Rises.

27 minutes

It was a week made for the contrarians among us.

The economic news were, by and large, very positive as this economy tries to work its way out of a very big hole.

Things were definitely looking better, as a whole bunch of positivie reports came out during the first of the week: new manufacturing orders, construction spending, purchasing managers, even retail sales all up. If anything the economy, although is still has a very long way to go to get back to where it was. Still the economy looks to be gaining some momentum.

And so, as many have come to expect, perhaps this is just the time to stage a pull back. Led by the powerful technology sectors, on Thursday, markets began to retreat.

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Start listening to Wall Street Faces Three Unknowns: The Election, The Economy and the Pandemic.
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Start listening to Wall Street Faces Three Unknowns: The Election, The Economy and the Pandemic.
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