Market Commentaries

23 Jul

Dow Vaults Above 35,000

July 23rd, 2021 The Dow Jones Industrial Average stumbled out of the blocks to kick off the week’s trading. Growing concerns that the Covid-19 delta variant would lead to a spike in cases and derail the economic recovery sent the Dow down 725+ points on Monday. The sell-off proved to be short-lived as cooler heads…

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16 Jul

Bulls Pause as Inflation Takes a Hike

July 16th, 2021 Markets started the week on a high note, with the S&P 500 hitting another record high during Monday’s trading session. Unfortunately, the enthusiasm was short-lived as investors digested the week’s news. Surging prices for used cars, gasoline, food, and airfares pushed consumer prices higher by 5.40% from year ago levels in June. Producer…

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09 Jul

Markets Shrug Off Suggestion of Peak Growth

July 9th, 2021 Hot off a long Fourth of July weekend, market bulls were primed to take markets to new highs. They did just that on both Wednesday and Friday on enthusiasm that the U.S. economy is bouncing back strongly from Covid-19. Air travel hit a post-pandemic high during the five-day holiday weekend with the…

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