The Blog

12 Nov

Red Hot Prices Throw Cold Water on Investors’ Mood

November 12th, 2021 Markets tripped slightly this week as rising prices stoked fears that inflation could soon weigh on economic growth in 2022. The Labor Department reported that consumer prices jumped 6.20% in October, a 31-year high for the CPI Index. To make matters worse, the Labor Department also reported the highest number of job openings…

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05 Nov

Dow Breaks 36,000 Amid Strong Economic Reports

November 5th, 2021 Market bulls celebrated another milestone this week, breaking the 36,000 level for the first time ever. The level first grabbed headlines when the aptly titled “Dow 36,000” hit bookstores in October 1999 during the height of the boom. In the book, the authors argued the index was undervalued and was poised…

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30 Oct

Investors Ain’t Afraid of No Ghost

October 29th, 2021 Despite its frightening reputation, October served up more treats than tricks for investors as we closed the last trading week of the month. Another strong batch of Q3 earnings results, combined with optimism that Congress was inching closer to finalizing a combined $2.8 trillion spending package, managed to push markets higher for…

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