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Senate, White House Reach Deal

By: Daniel Guttman / Posted on: March 25, 2020

Yesterday, the stock market on Wall Street had their largest single day move since 2008 on expectations of the largest fiscal stimulus package in modern American history. The White House and Senate leaders reached a deal early this morning on a stimulus bill to combat the economic impact of the coronavirus outbreak. Washington is hoping the deal will set the stage for a robust economic recovery. Deemed “the largest rescue package in American history” the legislation will pass the vote later today.

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Communities Band Together During Isolation

By: Jon Babyak / Posted on: March 17, 2020

In a time where there seems to be an endless onslaught of negative news feeds, it’s important to take a step back and recognize the good deeds that communities are doing for each other.  Neighborhoods across the country are stepping up to the plate and doing their part to keep everyone afloat.  Service industry workers are among the hardest hit by mandatory shutdowns, but new projects like Carnegie Mellon University’s (CMU) “Pittsburgh Virtual Tip Jar” are working hard to alleviate some of the financial stress.

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Guttman Energy Daily Market Update Disclaimer – The information contained in this market update is derived from sources believed to be reliable; however this update could include technical inaccuracies or typographical errors and Guttman Energy does not guarantee the accuracy, completeness or reliability of this update. FURTHERMORE, THIS UPDATE IS PROVIDED "AS IS," WHERE IS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY. GUTTMAN ENERGY ALSO SPECIFICALLY DISCLAIMS ALL EXPRESS AND IMPLIED WARRANTIES. YOU USE THIS UPDATE AT YOUR SOLE RISK. This update and any view or comment expressed herein are provided for informational purposes only and should not be interpreted in any way as recommendation or inducement to buy or sell products, commodity futures or options contracts.

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