May 13th, 2022 The S&P 500 leapt closer to bear market territory this week, skidding nearly -20% year-to-date from previous highs. The interest-rate sensitive and tech heavy Nasdaq experienced a bigger decline, falling a whopping -30% from last year’s highs, while the Dow posted its seventh consecutive weekly loss – its first in nearly 20…
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May 6th, 2022 It was a volatile start to May’s trading in which the overwhelming focus was on the Fed. On Wednesday, the Federal Reserve announced its largest increase in the Fed Fund’s target rate in over 20 years. The 50 bps hike had been entirely anticipated, as was the Fed’s announcement that it would…
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April 29th, 2022 Fast-moving markets kept investors on their toes while they sought to close the books on a volatile April. Concerns escalated early in the week on reports of growing Covid outbreaks in China that threaten to snarl supply chains further. Beijing, a population of 21 million, was the latest megacity to be caught…
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