Nick Reece
Economic Indicators Still Improving
S&P 500 companies are moving up together now. Just after the crash, it was really the mega-cap stocks Facebook, Amazon, and Google that rallied. In technical terms that means there’s better market breadth. Nick Reece, senior portfolio manager at Merk Investments, said it’s a positive sign for the market.
Nick Reece: Investors Ready to Play Long Game
Wall Street fell in pre-market trading today and pretty much struggled after that. The Dow fell over 134 points, or .48 percent; the S&P 500 lost over 32 points, or .96 percent; and the Nasdaq lost over 251 points, or 2.22 percent. Just when you thought things couldn’t get any more turbulent. We ask Senior […]
Investors Optimistic on Vaccine News
Nick Reece is a senior portfolio manager at Merk investments. He says that investors are optimistic about the likelihood of the CCP (Chinese Communist Party) virus vaccine coming out by the end of the year. Reece adds that a second wave of lockdowns is unlikely to happen, and also discusses whether the resulting new debt will create […]