Tag Archives: investing

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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25 Jun

No Fireworks but Markets Hit 33rd All-Time High of the Year

June 25, 2021 Markets rocketed to yet another record high this week on a string of announcements from Capitol Hill and safe economic data. After months of discussions, Wall Street cheered news that a bipartisan group of Democrats and Republicans had struck an agreement for a $1 trillion infrastructure deal early Thursday. The stripped-down proposal…

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18 Jun

Fed Forces Market to Reconsider Rate Path

June 18, 2021 After last week’s record close, stocks stumbled this week on several market-moving events and key economic reports. The Federal Reserve drove most of the action as it announced it would accelerate its planned interest rate hikes from 2024 to late 2023 due to the pace and robustness of the economic recovery. The…

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