Menu As 2021 approaches, watch out for a Y2K-style stock-market correction, says strategist – Tehuty Finance

As 2021 approaches, watch out for a Y2K-style stock-market correction, says strategist

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MARKETWATCH FRONT PAGE

Our call of the day says watch for fresh stock records at the end of 2020 ushering in a 2000-style correction at the start of the new year. See full story.

Dow futures up 150 points after Trump signs pandemic relief package

Wall Street is on track to begin the final, holiday-shortened week of 2020 on a positive note after President Donald Trump ended a standoff with Congress over legislation that will send aid to consumers and small businesses. See full story.

How many people have to get vaccinated against COVID-19 to reach herd immunity? ‘The faster we do it, the faster we get back to life’

‘If you have a highly efficacious vaccine and only 50% of the country gets vaccinated, you’re not going to have that umbrella of protection of herd immunity,’ Anthony Fauci said. See full story.

Is Tesla the next AOL? That’s what this strategist is warning

Chris Harvey, Wells Fargo Securities head of equity strategy, talked about how Tesla’s recent inclusion in the S&P 500 is reminiscent of the final days of the dot-com bubble. See full story.

Buy bitcoin as prices soar above $28,000 in holiday trade? Good luck!

Bitcoin prices shatter records during the Christmas weekend as investors look toward closing out a historic 2020 for the world’s most prominent digital currency, amid a global pandemic. The asset, however, is still seen as highly speculative, even if it is gaining greater mainstream attention. See full story.

MARKETWATCH PERSONAL FINANCE

No, you don’t need to pay back your stimulus check. See full story.


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