Tag Archives: pandemic

11 Jun

Markets Stay Cool While CPI Sizzles

June 11th, 2021 Higher consumer prices were no match for Wall Street bulls this week, who managed to push the S&P 500 to a new all-time high of 4,247.44 on Friday. That was the index’s 30th record high of 2021. The record-breaking run continued despite May’s Consumer Price Index (CPI) coming in red hot, rising 5.00%…

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04 Jun

Jobs Report Steadies Market

June 4th, 2021 Stocks added to their year-to-date tally this week as the positive reaction to May’s healthy jobs report offset mid-week volatility from the meme stocks. Theater chain, AMC managed to garner substantial attention as bulls coordinated a squeeze on short-sellers. Despite some volatility in pockets, the broader market was focused on the health…

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21 May

Another Volatile Week as Markets Look Exhausted

May 21, 2021 Digital currencies, special purpose acquisition companies (SPACs), and many high-flying growth stocks took it on the chin early in the week as investors continued fretting over inflation and as China announced a cryptocurrency crackdown. Despite the volatile start to the week, the broader markets attempted to steady themselves by week’s end once…

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