December 3rd, 2021 Traders barely had time to settle into their seats following the Thanksgiving holiday before a new Covid variant and Fed policy shift flustered markets. Just as shoppers were heading to the stores on Black Friday, South African scientists sounded the alarm on a new Covid-19 variant, formally classified as B.1.1.529 – or…
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November 19th, 2021 A strong consumer spending report and optimism for the holiday shopping season helped markets shake off last week’s jitters over rising prices. Contrary to economists’ consensus that inflationary pressures would hurt spending, consumers are instead leaning into it with October retail sales up 1.70%. Results from frontline companies corroborate the report with…
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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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