Tag Archives: retirement

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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14 May

This Week’s SAT Challenge Word: Inflation

May 14, 2021 Inflation was the word of the week on Wall Street as the consumer price index jumped 4.2% year-over-year in April. That was the index’s fastest rise since 2008. The unexpected jump in inflation pushed the Dow Jones Industrial Average down a combined 1,155 points on Tuesday and Wednesday, after having set a…

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07 May

Don’t Let Facts Get in the Way of a Good Rally

May 7, 2021 The S&P 500 registered its 26th record high of the year as April nonfarm payrolls missed expectations with businesses adding 266,000 workers to the payrolls. Although the number was an average reading in normal times, it badly missed the 1 million new hires Wall Street had expected given the broad reopening currently underway. Despite…

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