March 26, 2021 Optimism returned to the market this week on improved investor sentiment surrounding the U.S. economic reopening, on 10-year U.S. treasuries retreating from recent highs and as the Federal Reserve dished out some positive news for the banking sector. Travel-related stocks such as airlines and cruise ships helped move markets higher on growing…
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March 19, 2021 Despite setting another record high mid-week, the S&P 500 ended the week lower as bond markets continued to sound the alarm over rising rates. Stocks hit all-time highs Wednesday as Federal Reserve Chairman Jerome Powell struck the right tone at this week’s FOMC meeting. He once again reiterated the central bank’s commitment…
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March 12, 2021 The tug of war between economic growth and rising rates continued this week, but ultimately the sheer volume of positive news was just too hard for markets to ignore. Tame inflation figures, rising consumer sentiment, an easing in jobless claims and a massive stimulus plan had bulls focused on the near-term lift…
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