Market Commentaries

08 Oct

Markets Rally on Debt Ceiling Extension

October 8th, 2021 A short-term debt ceiling extension helped turned market sentiment positive this week. The immediate financial crisis was averted by lawmakers agreeing to raise the debt ceiling limit by $480 billion. That will allow the federal government to continue to pay its bills through December 3rd. In economic news, it was a mixed…

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01 Oct

Tough Month Keeps Quarterly Gains in Check

October 1st, 2021 September lived up to its reputation of being a historically challenging month for markets. The S&P 500 slipped -4.80% for its worst monthly performance since March 2020. Despite the month’s performance, the index managed to eke out a small gain for the quarter. The monthly decline was driven by investors’ growing wariness…

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24 Sep

Bizarro Beaten By Dip Buyers

September 24th, 2021 It was a roller coaster ride for markets as various headlines dominated the tape in an otherwise light week for economic news. Monday kicked off with a broad market sell-off which sent the Dow Jones Industrial Average down 614 points. The sell-off was sparked by investor fears that trouble in China’s property…

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