Markets Have Momentum // U.S. Households Got Richer in 2020 // Apple vs. Microsoft - 6/28 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(1:21) - Markets are coming off a strong week of gains, especially the tech sector which has shown resurgence. Will markets continue their momentum this week?(14:10) - U.S. households added $13.5 trillion in wealth last year according to the Federal Reserve, which is the single largest one-year nominal gain in the country's history.(22:57) - The Fed is considering scaling back their rapid rate of purchasing mortgage bonds. Currently, they are buying $40 billion per month in mortgage-backed securities.(36:19) - Apple and Microsoft are both attempting to create a sort of universal operating system, which is sure to heighten the competition between the two tech giants.