Inflation Trumps Earnings, Markets Tumble Indices Dow 34,451 (270) or (0.77%) Nasdaq 13,351 (360) or (2.63%) S&P 4,392 (96) or
Tapering, Jobs, and Omicron (December 2 Market Recap)
A possible increase in the pace of the Fed’s tapering of asset purchases, a poor jobs report, and Omicron fears all conspired to take the wind out of
November 19 Market Recap
November 19 Market Recap – Reports of the consumer’s demise greatly exaggerated. Retailers crush their earnings numbers. Covid surge at home and
November 12 Market Recap
November 12 Market Recap – Markets consolidate after huge rally to begin the quarter. Inflation shows no sign of abating. Big miss at Disney. GE and
November 5 Market Recap
November 5 Market Recap - Markets soared on the continued third quarter earnings bonanza. Despite good economic data, the 10-year Treasury yield fell
October 29 Market Recap
October 29 Market Recap - Earnings continue to be impressive with notable exceptions: Facebook (FB), Amazon (AMZN), and Apple (APPL). Next week
Market Recap Week Ending October 22
Indices Dow 35,677 +383 or 1.0% Nasdaq 14,897 +193 or 1.3% S&P 4,544 +73 or 1.6% U.S. 10 Year Treasury
A Tale of Two Weeks within One (Market Recap Week Ending October 15
Market Indices Dow 35,294 +548 or 1.5% Nasdaq 14,897 +318 or 2.18% S&P 4,458 +13 or 0.29% U.S. 10 Year Treasury Yield
Crazy Little Thing Called Politics (Market Recap Week Ending October 8)
Dow 34,746 +420 or 1.2% Nasdaq 14,579 +13 or 0.08% S&P 4,458 +34 or 0.78% U.S. 10 Year Treasury Yield 1.605%, +13 bp or 8.8% Debt Ceiling