Market Commentaries

17 Sep

Markets Struggle to Shake Off End of Summer Doldrums

September 17th, 2021 For the second consecutive week, stocks struggled to find direction as concerns over the economic impact of the Covid-19 delta variant across the globe outweighed this week’s otherwise healthy, U.S. economic data. U.S. consumers bucked economists’ gloomy forecasts, which had predicted a -0.80% drop in August retail spending. Instead, buyers pushed sales…

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10 Sep

Sleepy Start to September

September 10th, 2021 Stocks struggled to find their feet in a post-Labor Day holiday shortened trading week. Investors kicked off the week digesting last Friday’s disappointing jobs report. The economy added 235K jobs in August, well short of economist estimates of 728K jobs. The shortfall was driven in large part by a drop in hiring…

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27 Aug

Fed Fuels Markets

August 27th, 2021 After last week’s dip due to concerns over delta’s potential impact on global growth, markets were back to breaking records once again this week. The S&P 500 registered its 52nd record close of the year on Friday, closing out the week’s trading at a record high of 4,509.37. Bulls came out of…

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