February returns for SPX since 2001
2001: -9.23
2002: -2.08
2003: -1.7
2004: 1.22+
2005: 1.89+
2006: .05+
2007: -2.18
2008: -3.48
2009: -10.99
2010: 2.85+
2011: 3.2+
2012: 4.06+
2013: 1.11+
2014: 4.3+
2015: 5.49+
2016: -.41
2017: 3.72+
2018: -3.89
2019: 2.97+
2020: -8.4

JPM says very few corporates will follow Tesla into Bitcoin: “In all, while bitcoin got another boost with Tesla’s announcement this week, the 8% allocation of its cash reserves to bitcoin is unlikely to be followed by more mainstream corporates. Irrespective of how many corporates eventually follow Tesla’s example, there is no doubt that this wee…[Read more]

Goldman Sachs economists are expecting the economy to spring in spring. They see Q2 GDP improving at an 11% pace, better than their 10% forecast previously.

Their baseline on stimulus has moved up to $1.5 trill ion from $1.1 trillion and that’s led to the boost, which extend through the year. Their 2021 forecast is now 6.8% comapred to 6.6%…[Read more]