July 30th, 2021 Stocks appeared to be on their way to another record-breaking week as Q2 2021 corporate earnings continued to surprise to the upside, U.S. economic activity returned to pre-pandemic levels, and the Federal Reserve signaled it would maintain its easy monetary stimulus program. As more earnings results poured in this week, the corporate…
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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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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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